Affin Islamic Bank targets its financing segment to expand by between 10 per cent and 15 per cent this year, compared with 17 per cent last year. Its chief executive officer Kamarul Ariffin Mohd Jamil said the growth last year was in tandem with the robust performance of the country’s Islamic banking industry.
Last year, Affin Islamic’s pre-tax profit was RM106.4 million, which translated to a 42.1 per cent growth. Kamarul said the strong growth of Islamic finance was not limited to Malaysia, but covers the region and Affin Islamic is “always keen to expand regionally”………………………………………..Full Article: Source