Maybank Islamic wins best domestic Islamic bank in Malaysia following a period marked by strong financial results, impactful environmental, social and governance initiatives and landmark transactions.
The bank, total assets of RM19 billion ($3.4 billion), has a 29.32% market share in Islamic financing and 26.04% in Islamic deposits and investment accounts in Malaysia. Profit before tax was RM2,579.3 million.
It launched its ‘Urban farming’ project across five sites in Malaysia to drive community development.
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