Bank Islam Set to Implement Five-Year Roadmap to Lead Shariah-ESG Financial Solutions, Digital Banking, and Social Finance

BIMB Holdings’ Annual Report 2020, has stated that its subsidiary Bank Islam Malaysia (Bank Islam) is embarking on a five-year plan to be a champion in offering Shariah environmental, social and governance (Shariah-ESG) total financial solutions and to hold a leadership position in digital banking and social finance by 2025.

Why it Matters?

This plan mobilises six strategic objectives underpinned by Bank Islam’s role as a value-based intermediary (VBI): sustainable prosperity, value-based culture, community empowerment, customer-centricity, real economy and digitalisation. Bank Islam intends to deliver the promise of technology, redefine growth and work in new ways to address unprecedented challenges. It has also stated plans of widening its portfolio rel...