Islamic finance awards 2013: CIMB Islamic
Euromoney Limited, Registered in England & Wales, Company number 15236090
4 Bouverie Street, London, EC4Y 8AX
Copyright © Euromoney Limited 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Islamic finance awards 2013: CIMB Islamic

Best Islamic bank in Asia
Best Islamic Bank in Malaysia

There was a time when CIMB Islamic was mainly a brainy capital markets and structuring house. Today, it’s a full-service, universal, international Islamic bank. Although CIMB isn’t even the biggest Islamic bank in Malaysia (that’s Maybank), it does now rank second in size, following 48% compound annual growth in total assets between 2007 and 2011, and complements that with easily the widest range of product and ability not just in Malaysia but in Asia as a whole.

To take the domestic picture first, CIMB is either a national leader or on the top tier in investment banking, consumer banking, asset management, takaful and wealth management. On the investment banking side in particular, it has always been associated with firsts and other landmarks: the first exchangeable sukuk and the largest sovereign sukuk. It leads the domestic sukuk league tables (and is usually near the top of the international ones too) and was on 29.2% of all Malaysian ringgit sukuk during our review period, as well as 15.7%

Gift this article