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BANK MUAMALAT MALAYSIA BERHAD

ABOUT

BANK MUAMALAT

Bank Muamalat Malaysia Berhad (Bank Muamalat)
stands as one of Malaysia’s three independent full-
fledged Islamic financial institutions. Rooted in diverse 68
expertise, the Bank’s origins date back to 1 October 1999
BRANCHES
when the Islamic banking assets and liabilities of three
NATIONWIDE
local banks, namely Bank Bumiputra Malaysia, Bank of IN 5 REGIONS
Commerce (Malaysia) and BBMB Kewangan, were merged.
As of December 2023, the Bank is ranked 10th out of
16 Islamic banks in the country in terms of asset size.
With DRB-HICOM and Khazanah Nasional Berhad as its
principal shareholders, holding 70% and 30% equity
respectively, Bank Muamalat embodies stability and
strategic direction.

Spanning a robust network of 68 branches nationwide, Bank Muamalat delivers
a comprehensive suite of Islamic banking products and services to both local and
international clients. These offerings encompass wholesale and retail banking
services, foreign currency deposits, investment accounts, foreign exchange trading,
working capital financing, trade financing, project and contract financing, venture
capital, and Islamic capital market services.
Distinguished as a pioneer in Islamic banking, Bank Muamalat is supported by a Vision
panel of highly qualified Shariah scholars renowned for their expertise in Islamic
jurisprudence. Forming the Shariah Committee, they contribute to the Bank’s To become the
steadfast commitment to Islamic finance by providing invaluable guidance on preferred Islamic
Shariah-compliant products, services and Islamic capital-raising activities. financial provider

Elevating its stature on the global stage, Bank Muamalat proudly aligns itself
with international organisations committed to sustainable banking practices.
Notably, the Bank is the first Islamic bank to be welcomed as a member of
the Global Alliance for Banking on Values (GABV), a network of banks and
banking cooperatives worldwide dedicated to operating under the Principles of
Sustainable Banking. GABV champions initiatives that prioritise real economic
impact, acting as a conduit for financial support towards social and environmental
causes. Additionally, the Bank is an active member of the General Council for Islamic
Banks and Financial Institutions (CIBAFI), an international non-profit organisation
established in 2001 under the auspices of the Islamic Development Bank (IsDB)
and several prominent Islamic financial institutions. Affiliated with the Organisation Mission
of Islamic Cooperation (OIC), CIBAFI serves as a platform for collaboration and
advocacy within the global Islamic finance community. To ethically deliver the
best value to stakeholders,
Through its unwavering commitment to Islamic values, innovation, and ethical
principles, Bank Muamalat continues to set new standards of excellence in the society and environment
financial landscape, empowering communities and fostering sustainable growth
for all.

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