Transforming
for the Better

This cover draws inspiration from the fundamental principles that shape our corporate culture and values. Our organization's core essence revolves around the 6 Success Beliefs, which serve as our guiding principles in our pursuit of overall improvement and excellence. Transformation became the focus of the 2022 edition, in line with our business infrastructure that is undergoing digitalization to elevate our service delivery and ensure utmost customer satisfaction. As we remain committed in upholding exemplary environmental, social, and corporate governance practices, the illustration signifies our relentless journey searching for opportunities to foster growth and advancement in these domains. The overall design aims to capture all of these elements through a mesmerizing three-dimensional infinity loop, symbolizing the interconnection and interdependence of these components in our endless quest to create "Better lives, together" for communities and businesses at large.

PERFORMANCE HIGHLIGHTS

FOR 2022

RM 0 mil
(FY2021: RM256.6 million)

PROFIT BEFORE
ZAKAT & TAXATION

RM 0 bil
(FY2021: RM27.6 billion)

TOTAL ASSETS

0 %
(FY2021: 9.5%)

RETURN ON AVERAGE EQUITY

0 %
(FY2021: 0.96%)
RETURN ON AVERAGE ASSET
0 %
(FY2021: 0.83%)
GROSS IMPAIRED FINANCING RATIO
LAUNCHED
CREDIT CARD

Bank Muamalat Visa Platinum-i &
Bank Muamalat Visa Infinite-i

LAUNCHED EASIGOLD

first Shariah compliant digital
mobile-based gold investment platform

DIGITAL ONBOARDING
FOR ACCOUNT
OPENINGS VIA eKYC

LAUNCHED MUAMALAT
AUTO CENTRE

a centralized centre to process
vehicle financing application

LAUNCHED IPUSH

a strategic partnership with state government under iTEKAD initiative with Pahang as the pilot state

5-YEAR FINANCIAL HIGHLIGHTS

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CHAIRMAN'S

STATEMENT

Dear valued stakeholders, It is my privilege as the Chairman of Bank Muamalat Malaysia Berhad ("the Bank") to present our annual report for the financial year (“FY”) 2022. In fulfilling our role as one of the leading Islamic financial institutions in the country, we remain steadfast in providing comprehensive banking and financial products and services based on Maqasid Al-Shariah to our valued customers. Alhamdulillah, with the right strategies and our resolution to achieve better lives together, the Bank has managed to achieve a record-breaking profit before tax of RM306.7 million for the financial year ending on 31 December 2022.

Tan Sri Tajuddin Atan
Chairman

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RM 0 mil
(FY2021: RM256.6 million)

PROFIT BEFORE TAX

0 %
(FY2021: 0.83%)

GROSS IMPAIRED RATIO

GROSS IMPAIRED RATIO

RETURN ON
EQUITY (ROE)

0 %

RETURN ON ASSETS (ROA)

0 %

PRESIDENT & CHIEF EXECUTIVE OFFICER’S

STATEMENT

Dear valued stakeholders, Riding on the nation’s recovering economic trends, and coupled with our continuous effort in delivering the best values for our shareholders, the Bank has continued its upward trajectory and achieved a record profit before tax and zakat in FY2022. The Bank’s reputation as an industry player and service provider was strengthened through a series of continual improvements and innovations. One of the major achievements was the launch of EasiGold, the first Shariah-compliant digital mobile-based gold investment platform aimed to diversify our portfolio of financial solutions while keeping up with the trend of digitalization. To further cater to the needs of our customers, we also launched our credit cards, namely Bank Muamalat Visa Platinum-i and Bank Muamalat Visa Infinite-i. In addition, we also launched the iFAST Barakah ESG Focus Portfolio, which has garnered a total sale of RM8.4 million for the year. iFAST Barakah is a Shariah portfolio of investments managed by licensed professional portfolio managers and has an exposure of not less than 40% in Shariah-compliant environmental, social, and governance (“ESG”) funds.

Khairul Kamarudin
President & Chief Executive Officer

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CHAIRMAN'S

STATEMENT

Dear valued stakeholders, It is my privilege as the Chairman of Bank Muamalat Malaysia Berhad ("the Bank") to present our annual report for the financial year (“FY”) 2022. In fulfilling our role as one of the leading Islamic financial institutions in the country, we remain steadfast in providing comprehensive banking and financial products and services based on Maqasid Al-Shariah to our valued customers. Alhamdulillah, with the right strategies and our resolution to achieve better lives together, the Bank has managed to achieve a record-breaking profit before tax of RM306.7 million for the financial year ending on 31 December 2022.

Tan Sri Tajuddin Atan
Chairman

RM 0 mil
(FY2021: RM256.6 million)

PROFIT BEFORE TAX

0 %
(FY2021: 0.83%)

GROSS IMPAIRED RATIO

View More

PRESIDENT & CHIEF EXECUTIVE OFFICER’S

STATEMENT

Dear valued stakeholders, Riding on the nation’s recovering economic trends, and coupled with our continuous effort in delivering the best values for our shareholders, the Bank has continued its upward trajectory and achieved a record profit before tax and zakat in FY2022. The Bank’s reputation as an industry player and service provider was strengthened through a series of continual improvements and innovations. One of the major achievements was the launch of EasiGold, the first Shariah-compliant digital mobile-based gold investment platform aimed to diversify our portfolio of financial solutions while keeping up with the trend of digitalization. To further cater to the needs of our customers, we also launched our credit cards, namely Bank Muamalat Visa Platinum-i and Bank Muamalat Visa Infinite-i. In addition, we also launched the iFAST Barakah ESG Focus Portfolio, which has garnered a total sale of RM8.4 million for the year. iFAST Barakah is a Shariah portfolio of investments managed by licensed professional portfolio managers and has an exposure of not less than 40% in Shariah-compliant environmental, social, and governance (“ESG”) funds.

Khairul Kamarudin
President & Chief Executive Officer

RETURN ON EQUITY (ROE)

0 %

RETURN ON ASSET (ROA)

0 %
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DOWNLOAD

Annual Report 2022

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Interactive PDF

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Financial Statement

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You can find previous Annual Reports and other publications in our Archive.