Malaysia’s CIMB has held a leadership position in Islamic finance in Asia for many years and is not about to relinquish it despite growing strength and sophistication among such rivals as Maybank.
CIMB Islamic’s Islamic profit rate swap (IPRS), a shariah-compliant version of an interest rate swap, opens up a new field in Islamic finance. According to Badlisyah Abdul Ghani, the bank’s head, the ...
More than half of CIMB’s Malaysian financing book is now Shariah-compliant, it said. CIMB Group Holdings Berhad is ...