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Maybank aims to be number one Islamic bank in ASEAN

Posted on 14 October 2010

From Halaljournal.com: Maybank hopes to grow its Islamic arm outside of Malaysia. Specifically, it plans to be the number one Islamic bank in ASEAN. The lender said it is tapping into the Asian consumer’s growing demand for Shariah-compliant products.
Demand is also coming from the Middle East, China and India. Maybank hopes profits from its overseas branches in Asia will make up a higher percentage in the next five years. To that end, the lender launched its first dedicated Islamic banking branch in Singapore……………………………………….Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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