The ratings reaffirmation reflect the Bank’s strategic importance in the development of Islamic banking as a viable alternative to the conventional banking system coupled with the consistent double digit growth in its financing assets, supported by a solid liquidity and strengthening profitability position. These positives are, however, moderated by the Bank’s asset performance, which affecte...

The ratings affirmation at A (A flat)/ MARC-1 reflect the Bank’s strategic importance in the development of Islamic banking as a viable alternative to the conventional banking system, further supported by a solid liquidity position, healthy capital base and sound management. These positives are however moderated by the Bank’s asset performance, which led to low profitability and efficiency me...

Malaysian Rating Corporation Berhad (MARC) has assigned a financial institution rating of A (single A flat) and a short-term rating of MARC-1 to Bank Islam Malaysia Berhad (“the Bank”). The ratings reflect the Bank’s strategic importance in the development of Islamic banking as a viable alternative to the conventional banking system, further supported by a solid liquidity position, healthy...