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Bank Islam Malaysia Suspends Top Economist for Policy Breach

Bank Islam Malaysia Bhd., the country’s oldest Shariah-compliant lender, said it suspended chief economist Azrul Azwar Ahmad Tajudin for allegedly breaching the bank’s internal policies.

“The nature of the breaches would be established upon the completion of our investigations,” Bank Islam said in an e-mailed statement yesterday. “While we reiterate that Azrul’s political views and his comments should not be associated with the bank, we would like to stress that the suspension is not related to his voicing his personal political views.”