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Agrobank plans to fully implement Islamic banking by 2015 as part of its transformation programme, with all its existing financing products and deposits to be changed to syariah-compliant products.
“This will contribute to the growth of domestic Islamic banking and at the same time encourage ethical banking practices,” president and CEO Wan Mohd Fadzmi Wan Othman said at the presentation of the bank’s zakat contribution of RM30,000 by Deputy Finance Minister Datuk Dr Awang Adek Hussin here today to 300 eligible recipients in the district including orphans………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Market Moves more
Agrobank to fully implement Islamic banking by 2015
| Posted on 19 March 2013 |
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