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SWITCHING his initial savings account to Bank Islam Malaysia Bhd’s Al-Awfar account two years ago proved to be rewarding for Abdul Hamid Abdullah, as he became the bank’s 27th Al-Awfar millionaire.
KUALA LUMPUR: Maybank Islamic Bhd was crowned 2020’s Global Islamic Bank of the Year by London-based magazine “The Banker” amid strong competition from domestic competitors and powerhouse lenders of the Middle East.
A NURSE was overwhelmed when he suddenly became a millionaire through Bank Islam Malaysia Bhd’s Al-Awfar December 2019 draw.
MAYBANK Islamic Bhd hopes to attract 100,000 new customers within the first 12 months of the launch of its mudarabah (profit-sharing) investment account, Zest-i.
DUBAI: A decision by Abu Dhabi-listed Dana Gas to declare US$700 million of its sukuk invalid has sent shivers through the Islamic finance industry, raising concern about the safety of syariah-compliant debt instruments in general.
KUALA LUMPUR: BIMB Holdings Bhds share price on Bursa Malaysia reacted well following announcement that its wholly-owned subsidiary, Bank Islam Malaysia Bhd aimed to increase the fund of two products under its Term Investment Account over the next six months