BIMB Loves Takaful
BIMB Holdings has listed RM62.84m ($21m) in net profit on revenue of RM502.26m ($168m) in general because of its aspirations in the Islamic finance realm and Takaful market in particular through its subsidiary Takaful Malaysia.
Johan Abdullah, BIMB's group CEO, stated that growth in the group's net income was accomplished by higher profit from the continued growth in financing, higher non-fund based income and improved asset quality in Bank Islam, as well as higher profit generated from Takaful businesses
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