Company Overview of RHB Islamic Bank Berhad
RHB Islamic Bank Berhad provides various Islamic banking products and services in Malaysia. The company operates through Corporate and Investment Banking, Business Banking, Retail Banking, and Treasury segments. It offers various deposits products, such as savings and current accounts, and demand and term deposits; specific and general investment accounts; financing products, including restructuring and syndication, term, revolving, hire purchase, house and shop house, and Islamic automobile financing; and credit cards. The company also provides remittance services; general and project advisory services; and money market and securities trading services, as well as issues private debt securit...
Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
Kuala Lumpur, 55100
Founded in 2005
Key Executives for RHB Islamic Bank Berhad
Chief Executive Officer, Managing Director and Head of Group Shariah
Group Chief Financial Officer
Group Chief Operations Officer
Head of Enterprise Banking
Head of International Business
Compensation as of Fiscal Year 2016.
RHB Islamic Bank Berhad Key Developments
RHB Islamic Bank Berhad Announces Executive Changes
Jul 4 16
RHB Banking Group announced the appointment of Dato' Adissadikin Ali as Managing Director/Chief Executive Officer (CEO) of RHB Islamic and Head effective 1 August 2016 succeeding Tuan Haji Ibrahim Hassan. In his role as the Managing Director/CEO of RHB Islamic Bank, Dato' Adissadikin will be responsible for leading, managing and growing the Group's Shariah business, making it into one of the top 3 Islamic Banking institutions in Malaysia, while also exploring opportunities for growth regionally. Prior to joining the RHB Banking Group, Dato' Adissadikin was CEO of Alkhair International Islamic Bank Berhad (AKIIB) since 1 June 2015. From October 2010 to May 2015, he was the President and CEO of Export- Import Bank of Malaysia Berhad (EXIM).
RHB Islamic Bank Enters into Exclusive Bancatakaful Service Arrangement Agreement Syarikat Takaful Malaysia Berhad
Aug 26 15
The board of directors of RHB Capital announced that RHB Islamic Bank has on August 26, 2015 entered into an exclusive bancatakaful service arrangement agreement Syarikat Takaful Malaysia Berhad. STMB shall pay RHB Islamic Bank a total service fee of MYR 110 million and in consideration thereof, RHB Islamic Bank shall commit to a 10-year bancatakaful relationship with STMB to distribute Family and General takaful products developed by STMB pursuant to the terms of the Bancatakaful Service Agreement. The Bancatakaful Service Arrangement is not expected to have any material effect on the earnings and earnings per share of RHB Capital group of companies for the financial year ending December 31, 2015 but is expected to contribute positively to the future earnings of RHB Banking Group.
Syarikat Takaful Malaysia Berhad Announces Bancatakaful Service Agreement with Rhb Islamic Bank Berhad
Aug 26 15
Syarikat Takaful Malaysia Bhd announced that STMB has on 26 August 2015 entered into an exclusive bancatakaful service agreement with RHB Islamic Bank. Bancatakaful Service Agreement is a 10-year bancatakaful relationship with RHB Islamic Bank whereby RHB Islamic Bank shall commit to distribute Family and General takaful products developed by STMB pursuant to the terms of the Bancatakaful Service Agreement. Pursuant to the Bancatakaful Service Agreement, STMB shall pay RHB Islamic Bank a total service fee of MYR 110 million.
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