Bank Islam

Bank Islam manages to mitigate impact of static OPR in 2023

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[ KUALA LUMPUR: Bank Islam Malaysia Bhd managed to mitigate the impact of the static overnight policy rate (OPR), leading to an improved net income margin (NIM) over the course of last year. Group chief executive officer Datuk Mohd Muazzam Mohamed said there was a sequential improvement in its NIM from 2.06 per cent in … Read more

Bank Islam appoints Syed Hamadah as non-independent non-executive director

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[ KUALA LUMPUR: Bank Islam Malaysia Bhd has announced changes to its board composition, with Syed Hamadah Syed Othman (pic) appointed as the non-independent non-executive director effective Jan 1, 2024. “Syed Hamadah’s appointment will strengthen the Group’s Board composition as Bank Islam remains steadfast in executing its five-year strategy roadmap (LEAP25), aimed at becoming the … Read more