Maybank Islamic wins Most Outstanding Islamic Bank award

| Friday, November 20, 2009

Mohamed (left) handing over the award to Abdul Wahid.

MAYBANK Islamic Bank Berhad (Maybank Islamic) recently clinched the Most Outstanding Islamic Bank award at this year’s Kuala Lumpur Islamic Finance Forum (KLIFF) Islamic Finance Award.

This is the second year Maybank Islamic has received an award from KLIFF. Last year, it won the Most Outstanding Islamic Retail Bank award.

The awards were given to honour and acknowledge the efforts and contributions by individuals and institutions in developing Malaysia’s Islamic finance industry.

Both foreign and local Islamic financing institutions were polled for various categories of award up for grabs on the day.

Maybank president and CEO Datuk Seri Abdul Wahid Omar received the award from Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop at an award presentation ceremony held in conjunction with the 6th KLIFF Conference.

"Each year the benchmark of excellence for KLIFF’s Awards continues to be raised in selecting the winners. We are honoured with being given this award which will spur us to work even harder to ensure our continued leadership in Islamic banking in Malaysia and the region," said Abdul Wahid.

He said Maybank Islamic will continue to leverage on the group’s domestic and international network to expand the range of Islamic financial products and services to markets where the group has presence.

"In the coming year, Indonesia will be our key market for us to establish our Islamic banking services particularly in the consumer as well as investment banking segment," he said.

Maybank began offering Islamic banking services through the Islamic window concept in 1993, and in 2008, Maybank Islamic became a full-fledged Islamic banking subsidiary of Maybank.

Today, Maybank Islamic is the largest Islamic financial services provider in the country with total Shariah-compliant assets of over RM35 billion.

It commands the largest market share in Islamic financing and deposits of more than 23% each and also leads in a number of key portfolios.

Link: http://www.thesundaily.com/article.cfm?id=40408


0 Comments:

Post a Comment