Bank Islam
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Bank Islam Malaysia Berhad ( Jawi: بڠك اسلام مليسيا برحد) is an
Islamic bank Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics ...
based in
Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
that has been in operation since July 1983. Bank Islam was established primarily to assist the
financial Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
needs of the country's
Muslim Muslims ( ar, المسلمون, , ) are people who adhere to Islam, a monotheistic religion belonging to the Abrahamic tradition. They consider the Quran, the foundational religious text of Islam, to be the verbatim word of the God of Abrah ...
population, and extended its services to the broader population. The bank currently provides
Sharia Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the religious precepts of Islam and is based on the sacred scriptures of Islam, particularly the Quran and the H ...
-compliant card services and mobile banking.


Subsidiaries

* BIMB Investment Management Bhd * BIMB Securities Sdn Bhd * Al-Wakalah Nominees (Tempatan) Sdn Bhd * Bank Islam Trust Company (Labuan) Ltd * Farihan Corporation Sdn Bhd


References


External links

* {{official, http://www.bankislam.com/ 1983 establishments in Malaysia Banks established in 1983 Malaysian companies established in 1983 BIMB Holdings Islamic banks of Malaysia Companies listed on Bursa Malaysia