Bank Muamalat Malaysia
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Bank Muamalat Malaysia | |
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Type | subsidiary |
Founded | 1 October 1999 |
Headquarters | Kuala Lumpur, Malaysia |
Key people | YM Tengku Dato’ Hasmuddin Tengku Othman ,Dato’ Ismail Shahudin Chairman |
Industry | Finance |
Products | Financial Services |
Website | Bank Muamalat |
Bank Muamalat Malaysia Berhad started its operations on October 1, 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 BBMB Kewangan.
Bank Muamalat Malaysia Berhad, the second full-fledge 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, irrespective of race or religious beliefs, thus contributing to the development of modern Malaysia.[neutrality disputed]
Bukhary Capital Sdn Bhd holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares.