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Ambulance driver takes home million-ringgit prize
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.
Maybank Islamic wins Global Islamic Bank of the Year award
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.
Millionaires celebrate smart decision
A NURSE was overwhelmed when he suddenly became a millionaire through Bank Islam Malaysia Bhd’s Al-Awfar December 2019 draw.
Bank launches investment account, targets 100,000 customers
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.
Islamic finance industry frets as Dana Gas deems its sukuk invalid
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.
Socially responsible entrepreneurship
Trade and business have a special position in Islam as a way of earning a living, but they should not have any adverse effect on the interest and well-being of other stakeholders.
Game changer for Maybank Islamic
KUALA LUMPUR: Malaysia’s biggest Islamic lender, Maybank Islamic Bhd, says the investment account (IA) business is set to be a game changer for the group in its effort to boost earnings growth amid the subdued banking landscape.
BIMB shares up after Bank Islam plans to increase fund size
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
Bank Islam eyes RM2bil fund size
KUALA LUMPUR: Bank Islam (M) Bhd is aiming for a fund size of RM2bil for the newly launched Waheed Investment Account (WIA Wakalah) and Special Investment Account products under the term investment account over the next six months.
Bank Islam eyes RM2bil fund size
KUALA LUMPUR: Bank Islam (M) Bhd is aiming for a fund size of RM2 billion for the newly launched Waheed Investment Account (WIA Wakalah) and Special Investment Account(Mudarabah) products under the Term Investment Account over the next six months.
