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Page 11 - Mohd Muazzam Mohamed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bank Islam deploys Malaysia s 1st MOB channel for retail customers

Mobile Onboarding Device KUALA LUMPUR: Bank Islam Malaysia Bhd has become the first bank in Malaysia to deploy a mobile onboarding (MOB) channel for retail customers that provided end-to-end account opening experience, including on-the-spot issuance of debit card via appointment. In a statement today, Bank Islam said the new door-step banking service with MOB would expedite existing account opening process and enable on-the-spot account number and debit card issuance, as well as eliminate the need to have customers visit the nearest physical branch for the verification process. MOB uses specially-designed tablets fitted to allow openings of several types of Current Accounts and Savings Accounts (CASA) as well as Al-Awfar and iGain Investment Accounts.

Bank Islam assists 350,000 in TRA programme involving RM37 9 bil

KUALA LUMPUR (Jan 24): Bank Islam Malaysia Bhd has assisted 350,000 individuals and businesses impacted by the Covid-19 pandemic through its financial relief assistance, amounting to RM37.9 billion. Chief executive officer Mohd Muazzam Mohamed said since the roll-out of the Bank Islam Targeted Repayment Assistance (TRA) programme in October 2020, almost 24,000 applications with outstanding financing amount of more than RM3 billion had been approved. “As a responsible bank, we believe in helping our customers manage their financial obligations, especially in this trying time. “The bank has been consistently communicating with our customers to provide the support they needed. We remain committed to assisting them in navigating through this difficult period,” he said in a statement.

Bank Islam offers moratorium for flood victims

Bank Islam offers moratorium for flood victims 08 Jan 2021 / 16:26 H. KUALA LUMPUR: Bank Islam Malaysia Bhd is offering the Prihatin Programme, a moratorium to assist financing customers affected by floods. This programme aims to ease flood victims’ financial burden, specifically customers under the Bank Islam house financing, personal financing and vehicle financing facilities. Eligible customers can apply for a moratorium of up to six months to pay their monthly commitment subject to the conditions set. Bank Islam CEO Mohd Muazzam Mohamed said it is keeping abreast with the latest news on the flooding situation at all affected areas, and will be taking proactive actions in helping its affected customers.

Bank Islam named Malaysia s strongest Islamic bank

Bank Islam named Malaysia s strongest Islamic bank Azanis Shahila Aman © Provided by New Straits Times Bank Islam Malaysia Bhd has been named as Malaysia’s strongest Islamic retail bank for 2020 by Cambridge International Financial Advisory (Cambridge IFA) at the sixth Islamic Retail Banking Award 2020, held virtually on December 15. KUALA LUMPUR: Bank Islam Malaysia Bhd has been named as Malaysia s strongest Islamic retail bank for 2020 by Cambridge International Financial Advisory (Cambridge IFA) at the sixth Islamic Retail Banking Award 2020, held virtually on December 15. Bank Islam said this was the second time it had received this award, the first time in 2015. Bank Islam cheif executive officer Mohd Muazzam Mohamed said the award recognised the bank s continuous focus in providing comprehensive and innovative Shariah-compliant financial and banking solutions.

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