Public Islamic Bank Supports Bank Negara Malaysia’s VBI Initiative to Align Sustainability with Islamic Values

In a bid to support Bank Negara Malaysia’s (BNM) Value Based Intermediation (VBI) initiative that aligns sustainability with Islamic values, Public Islamic Bank Berhad (PIBB) has launched a campaign to boost financing plans for energy efficient vehicles (EEV) and solar panels, according to local media reports.

BNM’s VBI initiative aims to re-align Islamic finance business models towards the realisation of the objectives of Shariah in order to create sustainable and positive impact to the economy, environment as well as the community.

In view of this, PIBB has launched its EEV campaign under the AITAB Hire Purchase-i Financing scheme, from the 1st of April 2020 to the 31st...