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Islamic Banking
The Islamic Banking division (SPI) is to facilitate the bank’s involvement in the Islamic banking and capital market. Armed with a team of dynamic and experienced professionals, our Islamic banking division offers a spectrum of innovative Shariah compliant products and value-added advisory services to corporations, private companies and individuals to achieve their financial and corporate goals.
At present, we are able to structure products and services based on various Islamic principles including Mudharabah (Trustee Profit Sharing), Musharakah (Joint Venture Profit Sharing), Murabaha (Cost Plus Profit Sale), Bai’ al-Dayn (Sale of Debt), Wa’ad (Promise) and Tawarruq (Cash Procurement).
All of our Islamic banking products and services have been approved by both Bank Negara Malaysia and the Securities Commission.
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