August 20, 2014 6:56 PM ET

Banks

Company Overview of Bank Muamalat Malaysia Berhad

Company Overview

Bank Muamalat Malaysia Berhad provides Islamic banking and related financial services in Malaysia. It operates through three segments: Business Banking, Consumer Banking, and Treasury and Investment Banking. The Business Banking segment provides various products and services, including long-term financing, such as project financing; short-term credit comprising Muamalat cash line and trade financing; and fee based services that include cash management services to business customers in large corporates, public sector, and commercial enterprises. The Consumer Banking segment offers savings accounts, current accounts, general investment accounts, remittance services, Internet banking services, ...

Ibu Pejabat

Menara Bumiputra

21 Jalan Melaka

Kuala Lumpur,  50100

Malaysia

Phone:

60 3 2698 8787

Key Executives for Bank Muamalat Malaysia Berhad

Chief Executive Officer and Director
Executive Vice President of Finance Division
Deputy Chief Executive Officer
Chief Risk Officer
Executive Vice President of Credit Division
Compensation as of Fiscal Year 2014.

Bank Muamalat Malaysia Berhad Key Developments

Bank Muamalat Malaysia Berhad Presents at 5th Asia Islamic Banking Conference, Aug-12-2014

Bank Muamalat Malaysia Berhad Presents at 5th Asia Islamic Banking Conference, Aug-12-2014 . Venue: The Royale Chulan Hotel Kuala Lumpu, Malaysia.

Hicom Yet To Select Buyer For 30% Stake In Bank Muamalat Malaysia

DRB-HICOM Berhad (KLSE:DRBHCOM) has yet to select a new partner for its 30% stake divestment in Bank Muamalat Malaysia Berhad, Group Managing Director Mohd Khamil Jamil said.

DRB Seeks To Sell Stake In Muamalat

DRB-HICOM Berhad (KLSE:DRBHCOM) is planning to sell its 30% stake in Bank Muamalat Malaysia Berhad. Tan Sri Mohd Khamil Jamil, Managing Director of DRB said that the dilution of stake in Muamalat is a prolonged process as the conglomerate is looking into a strategic partnership or an exercise that could add value and increase the bank's penetration into the financial business in Malaysia. “Currently, we are talking with not only one, but a few companies, which we will soon zoom in only one party that could give the best price," he added.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 30, 2013
Pos Ar-Rahnu Sdn. Bhd.
 

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