From Btimes.com.my: Top lender Malayan Banking Bhd (Maybank) has obtained Indonesian authorities’ approval to convert its unit PT Bank Maybank Indocorp into a full-fledged Islamic bank, its chief said.
The move allows Maybank to step up its Islamic banking activities in the world’s most populous Muslim nation. It also fits in with the group’s plan of becoming the largest Islamic bank in Asean by 2015, president and chief executive officer Datuk Seri Abdul Wahid Omar said……………………………………….Full Article: Source