Maybank Islamic Bhd is on track to record RM1bil in pre-tax profit for its financial year 2012 by leveraging on its parent Malayan Banking Bhd’s (Maybank) global wholesale business and community financial services to carve its own niche in the market for Islamic finance.
Maybank Islamic chief executive officer Muzzaffar Hisham told StarBiz that healthy deposit levels, coupled with a growth in asset base with a good mixture of deposit and liabilities, would help to fuel the company’s growth………………………………………..Full Article: Source