Bank Islam Malaysia Berhad is the first Shariah-compliant banking institution in Malaysia and South East Asia, and has been playing the leading role in the development of the nation’s Islamic banking industry. The Bank has provided technical assistance in the setting up of several Islamic institutions in the world. Today, Bank Islam champions its role as a value-based intermediary (VBI). Bank Islam, guided by Shariah-based business principles, is a strong proponent of growing together with the communities that it serve. VBI is at the heart of our business model, to deliver a sustainable performance with a strategic focus to support economic, social and environmental development.

Primarily a retail bank, Bank Islam’s list of offering ranges from traditional financing and savings product to various solutions exclusively for individual customers, to banking and financial solutions designed to fulfil the fast-changing financial needs of customers from all categories such as investment accounts, wealth management, capital market, trade finance, project/infrastructure financing, and structured products. The variety of financial services offered by the Bank has come a long way since its early days when it acted as the lead arranger for the world’s first Islamic bond (Sukuk) issuance of RM125 mil in 1990 by Shell MDS Sdn Bhd.

Bank Islam, through its subsidiary, BIMB Invest, has been partnering with UK-based Arabesque Asset Management Ltd, in introducing ESG-compliant global and local equity funds. The Bank was also the founding member of IAP Sdn Bhd (Investment Account Platform), an internet-based multi banks platform that was set up to facilitate channelling of funds from investors to finance viable ventures. Hence, moving our roles from credit intermediary to investment intermediary.

A pioneer in the industry, Bank Islam embrace the importance of innovation and digital banking. The Bank has also established a “Sadaqa House”, an initiative to promote social finance activities via a crowd-funding platform, a partnership with Ethis Crowd. A strong advocator of ethical and responsible financing, Bank Islam continue to become a catalyst for positive impact growth, giving the Bank the opportunity to continue to be part of Malaysia’ s journey to manifest the larger aspirations of Islamic Finance.. In addition, the Bank has always been committed to corporate social responsibility, not just by giving back to the community in which it operates, but the Islamic Finance industry as a whole through knowledge sharing and becoming the source of reference for the industry. Bank Islam continues to offer the best and cater to differing needs of the customers as its strives to uphold its status as the symbol of Islamic bank in Malaysia.