Page 111 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 Sustainability Statement 6 7 8 109

M7

EMPOWERING DIVERSITY, ENABLING GROWTH

Why This Matters
We believe that diversity and equal opportunity are Providing equal opportunities for all employees promotes
essential to building a forward-looking organisation. fairness, supports ethical business practices, and reinforces
A diverse workforce contributes a wide range of our core values. An inclusive environment also strengthens
perspectives, leading to greater creativity, stronger decision employee engagement, enhances satisfaction, and
making, and more effective problem solving. contributes to improved organisational performance. These
factors are key to driving long term success and resilience
in a rapidly changing world.

Our Approach

The Bank’s approach to diversity and equal opportunity We regularly review our diversity data to identify gaps and
focuses on cultivating a workplace where all employees track progress, ensuring that our efforts remain effective and
feel respected, empowered, and equipped to succeed. relevant. In addition, we provide training sessions on diversity,
We implement inclusive policies and practices that equity, and inclusion to build awareness and foster a culture
promote gender balance, equitable compensation, and of mutual respect across the organisation.
career development pathways for underrepresented
groups. Through these measures, we aim to create a workplace that
reflects the diverse communities we serve and supports the
professional growth of every individual.

Key Actions and Outcomes

Gender Ratio and Representation Our commitment to diversity and equal opportunity is
demonstrated by our gender balance and the proactive
The current gender distribution stands at 49 percent male steps we are taking to improve representation at senior
and 51 percent female across the organisation. This balanced management levels. While we have made significant
representation reflects our commitment to gender diversity progress in promoting gender diversity, we acknowledge
and to fostering an inclusive work environment where both the need for continued efforts to achieve greater gender
men and women are supported to thrive. parity in leadership positions. By fostering an inclusive
culture and implementing targeted initiatives,
While the overall gender balance is positive, there remains Bank Muamalat is dedicated to ensuring that all employees
a significant gap in female representation at the senior have the opportunity to succeed and contribute to our
management level, which currently stands at 93.3 percent organisation’s success.
male and 6.7 percent female. To address this disparity,
the Bank is implementing focused initiatives to support These ongoing efforts underscore our dedication to creating
the professional growth of women, including leadership a workplace at Bank Muamalat that values and leverages
development programmes, structured mentorship, and the diverse talents and perspectives of all employees,
career progression pathways. These efforts are part of our ultimately driving innovation and excellence. We believe that
long-term strategy to strengthen diversity within leadership by prioritising diversity and equal opportunity, we not only
roles and promote equitable advancement across all levels of enhance our organisational performance but also contribute
the organisation. positively to the broader community.