Maybank started offering Islamic banking in its Zamboanga branch in August but the bank is now studying the possibility of setting up more Islamic banking windows alongside its existing 60 ...

“The Maybank Group had set a goal for its Islamic banking operations — to become a global leader in Islamic finance,” Maybank Islamic deputy chief executive officer Nor Shahrizan Sulaiman ...

MAYBANK Philippines Inc., an affiliate of Malaysia’s Maybank Group, has inaugurated its first Islamic banking unit in Zamboanga City, to extend financial services to close to seven million ...

Maybank Philippines Inc. has officially started its Islamic banking operations, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday. In a statement, the BSP said the Islamic banking unit (IBU ...

Sungsai underscored that the integration of Islamic banking in Maybank’s operations is a significant milestone in the development of Islamic finance in the Philippines. BSP said the first IBU ...

Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd ...

Dato Muzaffar Hisham, CEO of Maybank Islamic, says the bank is trying to build up its strong base in Malaysia while also tapping new business in Singapore, the region’s financial center.

Maybank through its Islamic Banking arm, Maybank Islamic Berhad recently launched the Shariah-compliant portfolio financing solution, “making it the first Islamic bank in the country to do so ...

Maybank’s global Islamic presence can be compared favourably with any of the biggest Gulf region banks. The bank is east Asia’s biggest in terms of total assets, which stand at more than $67 billion.

MANILA, Philippines — Maybank Philippines Inc. is ramping up its efforts to expand Islamic banking in the country, with plans to activate seven new Islamic banking units (IBUs) by the end of the ...

In a statement, the BSP said the Islamic banking unit (IBU) of Maybank opened shop on Aug. 14 after receiving its license from regulators on July 4. This is the second IBU licensed by the BSP. The ...

M ANILA, Philippines — Maybank Philippines Inc., a member of the Maybank Group, has inaugurated its first Islamic banking unit in Zamboanga, marking a significant step in expanding the bank’s ...