Bank Muamalat Malaysia
http://dbpedia.org/resource/Bank_Muamalat_Malaysia an entity of type: Thing
Bank Muamalat Malaysia Berhad (Jawi: بڠك معاملة مليسيا) started its operations on 1 October 1999 with a combined assets and liabilities brought over from the Islamic banking windows of the then Bank Bumiputra Malaysia Berhad, Bank of Commerce (M) Berhad and . DRB-HICOM holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares.
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Bank Muamalat Malaysia
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Bank Muamalat Malaysia Berhad
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بڠك معاملة مليسيا
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1197363
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1110213965
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1999-10-01
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Khairul Kamarudin CEO, Tan Sri Tajuddin Atan Chairman
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Financial services
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Bank Muamalat Malaysia Berhad (Jawi: بڠك معاملة مليسيا) started its operations on 1 October 1999 with a combined assets and liabilities brought over from the Islamic banking windows of the then Bank Bumiputra Malaysia Berhad, Bank of Commerce (M) Berhad and . Bank Muamalat Malaysia Berhad, the second full-fledged Islamic bank to be established in Malaysia after Bank Islam Malaysia Berhad, is poised to play its role in providing Islamic banking products and services to Malaysians, without regard to race or religious beliefs. The bank was based on a profit sharing model and its products weren't linked to the Bank Indonesia discount rate, thus surviving to the 1997 Asian financial crisis which increased the mean interest rate of the other Indonesian banks. DRB-HICOM holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares.
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2090
