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Banking

MARC assigns AAA to CIMB Islamic Bank's RM10b Sukuk

UALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has assigned a preliminary rating of AAAIS to CIMB Islamic Bank Bhd’s proposed RM10.0 billion senior Sukuk Wakalah Programme (Sukuk Wakalah). The rating outlook is stable.

Business

Moody’s assigns international ratings to CIMB Islamic Bank

SINGAPORE: Moody’s Investors Service has assigned debt and deposit ratings to CIMB Islamic Bank Bhd, with a stable outlook.

Business

CIMB Islamic Bank chief Badlisyah resigns

KUALA LUMPUR: CIMB Islamic Bank chief executive officer Badlisyah Abdul Ghani, who is facing an internal probe for his Facebook posting on banking documents released by the Wall Street Journal (WSJ), has resigned.

Business

CIMB Islamic Bank lists RM2bil Sukuk on Bursa Malaysia

KUALA LUMPUR: CIMB Islamic Bank Bhd's Tier 2 Junior Sukuk Programme of up to RM2.0 billion in nominal value was admitted to the main market of Bursa Malaysia on Tuesday under an exempt regime.

Nation

CIMB Islamic Bank chief quits days after Facebook posting on WSJ

KUALA LUMPUR: CIMB Islamic Bank chief executive officer Badlisyah Abdul Ghani (pic) has resigned, days after he posted a wrong analysis of banking documents released by The Wall Street Journal (WSJ) on Facebook.

Business

CIMB Islamic Bank gets global award

PETALING JAYA: CIMB Islamic Bank Bhd has won the “Leading Islamic Bank” award at the Global Islamic Economy Award, held in conjunction with the inaugural Global Islamic Economy Summit 2013 in Dubai.

Business

Rafe is new CEO of CIMB Islamic Bank

KUALA LUMPUR: Mohamed Rafe Mohamed Haneef has been appointed as chief executive officer (CEO) and executive director of CIMB Islamic Bank Bhd and CEO of group Islamic banking division effective Jan 4, 2016.

Business

CIMB Islamic, Bank Negara win awards

KUALA LUMPUR: CIMB Islamic Bank Bhd was voted 'Best Overall Islamic Bank' at the 2010 Islamic Finance News Awards ceremony last night, while Bank Negara was named 'Best Central Bank in Promoting Islamic Finance.'

Business

CIMB Islamic Bank may open own branches in East Coast

KUALA LUMPUR: CIMB Islamic Bank is considering opening its own branches in the East Coast, its executive director and chief executive officer Badlisyah Abdul Ghani said on Tuesday.

Business

CIMB Islamic Bank prepared to invest RM1.5bil in halal industry

KUALA LUMPUR: CIMB Islamic Bank Bhd is prepared to invest RM1.5bil in a move to help small and medium enterprises (SMEs) in the halal industry.