Page 20 - Bank-Muamalat-Annual-Report-2021

18 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

IN THE NAME OF ALLAH, THE MOST GRACIOUS, THE MOST MERCIFUL

PEACE BE UPON YOU AND MERCY OF ALLAH AND HIS BLESSINGS

Dear Shareholders and Stakeholders,

Malaysia's gross domestic product growth
remained below expectations at 3.1%* in
2021 as hopes for a return to normalcy was

further delayed by the emergence of new
COVID variants, and the year-end floods

that impacted lives and livelihoods.

Against this backdrop, resilience and
recovery were the order of the day.

Financial tools were swiftly deployed to
cushion shocks to the economy and financial
system. The banking sector maintained

accommodative monetary and liquidity
conditions, keeping the Overnight Policy

Rate (“OPR”) at the lowest rate in our
history.

Tan Sri Tajuddin Atan
Chairman

CHAIRMAN'S

STATEMENT