Page 87 - Full Book_24.4.2021

In Retrospect

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The Will to Suceed

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Moving Forward
The restructuring exercise will pave the way for Bank Islam • Wholesale Banking proposition – Emerging total holistic
to emerge as the first pure-play full-fledged Islamic financial financial solutions by mobilising capital to help customers Achieving a Leading Repute
institution listed in the nation. Bank Islam will be accorded achieve sustainable growth. This proposition calls for greater
with full autonomy in undertaking and pursuing its corporate alignment and synergy with our investment arm, BIMB
and business strategies and adopting its capital management Investment. |
initiatives as a pure-play full-fledged Islamic financial institution.
This means greater autonomy to pursue its individual growth • Digital Bank – Greater digital and technological capabilities
strategies, improve the decision-making process and access to will catalyse the Bank’s entrance into new markets and
more flexible funding options. With a clear and distinct business segments. All customer segments can expect to be on board Paving the Way for a Sustainable Future
focus, this should accelerate performance improvement and in through this proposition – be it from the microfinancing or
turn enhance customer service. micro investing perspective.
Customers can expect the following value proposition in the • Social Finance – Customers can anticipate to be a part of Bank
Bank’s business model over the next few years: Islam’s journey of inclusivity in empowering the unbanked and
underbanked communities to becoming bankable. This will be
• Integrated Wealth Management Business Model – achieved through various game-changing projects enabling 83
Bank Islam’s offerings will transform from product centric to wealth circulation through social finance that impacts the
holistic financial advisory which results in a wealth creating livelihood of beneficiaries. Some of the successful initiatives
proposition beyond basic financing solution. This includes the to date includes serving more than 3,000 beneficiaries
Islamic concept of profit-sharing where customers can opt for through Sadaqa House, the launch of iTekad in 2020 and
higher return with acceptable risk. implementation of the BangKIT Microfinance programme.

• Enterprises – For the SME market, focus will advance from Adhering to the Best Governance Practices
financing-centric to ecosystem play. This will be achieved
through enabling a Halal economy/platform to facilitate
collaborative financial ecosystem play among enterprises and
bank, such as business to business (“B2B”) and business to
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customers (“B2C”).
Laying the Foundation for Financial Growth

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Additional Information & Disclosure Summary

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24 th AGM Information