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4 BANK MUAMALAT MALAYSIA BERHAD
ABOUT BANK MUAMALAT
Bank Muamalat is one of Malaysia’s A full fledged, pure play Islamic bank with 70 branches and 241
three fully independent Islamic self service terminals nationwide, Bank Muamalat provides banking
financial institutions, established and financial solutions that strictly adhere to the Shariah rules and
principles for both retail and businesses. The Bank’s deep commitment
on 1 October 1999. It was formed to Shariah compliance is reinforced by a panel of highly qualified
through the consolidation of Islamic scholars who provide expert guidance on product development and
banking assets from Bank Bumiputra ensure adherence to Islamic financial principles.
Malaysia, Bank of Commerce Beyond its banking services, Bank Muamalat is committed to social
(Malaysia), and BBMB Kewangan. finance and sustainable development, spearheading impactful
Bank Muamalat is backed by two initiatives such as iTekad microfinance, waqf-based investments,
major shareholders, DRB-HICOM halal industry financing, and zakat distribution. Its commitment
to financial inclusion extends to empowering small businesses and
Berhad (70%) and Khazanah underserved communities, driving economic growth with purpose.
Nasional Berhad (30%), both of It is also the first Islamic bank in Malaysia to be accepted into
whom play a vital role in shaping its the Global Alliance for Banking on Values (GABV), a global network
strategic direction. Over the years, that champions ethical banking practices. Reinforcing its industry
leadership, Bank Muamalat has been recognised with several
the Bank has grown into a key prestigious awards in the past year, including “ASEAN Islamic Banking
player in the industry, ranking 9th Excellence” and “Fastest Growing Digital Transformation Islamic
among 16 Islamic banks in Malaysia Bank”, underscoring its commitment to excellence, innovation, and
by asset size as of December 2024. customer-centric solutions.
Looking ahead, Bank Muamalat is focused on strengthening its position
as a leading Islamic financial institution by embracing digital
transformation, expanding sustainable finance initiatives, and driving
financial inclusion. As it moves forward, Bank Muamalat remains
dedicated to empowering individuals, businesses, and communities,
ensuring that its impact extends beyond banking to create long-term
value for all stakeholders, aligned with its tagline; Better Lives, Together.
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A financial institution that is Continuously striving to improve Knowledgeable and highly
committed to deliver sustainable client satisfaction and deliver experienced Board Members,
growth superior customer experience Shariah Committee and
especially via the digital platform Management team
More details available in our Get to know our Board Members
Business Performance from More details available in our on page 134, Shariah Committee
page 52 to page 75. Sustainability Statement from page on page 142 and our Senior
78 to page 121.
Management team on page 146.
