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Islamic Finance Briefing - Categorized | Banking, Performance more

Bank Islam full-year pre-tax profit jumps 36.5 pct

Posted on 29 February 2012

Bank Islam Malaysia Bhd has turned in another strong set of results for its financial year ended December 31, 2011, registering a 36.5 per cent jump in its profit before zakat and tax to RM470.1 million, a feat that the bank largely attributed to its organic growth strategy.
Bank Islam managing director Datuk Zukri Samat said the organic strategy had helped the bank to pull off another year of respectable financial performance, particularly through a solid financing growth, a well diversified product, relentless improvement in asset quality, and growing contribution from non-fund based income………………………………………..Full Article: Source

 
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