Page 97 - Full Book_24.4.2021

In Retrospect

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The Will to Suceed

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Post-transition, the Bank’s game plan for sustainable growth is embedded in a 5-year strategic direction
based on the six strategic pillars anchored on VBI principles of Sustainability – Real Economic, Triple Bottom
Line, Client-Centred, Resiliency, Transparency and Value-based Culture. Achieving a Leading Repute

The listing can potentially enhance the commercial viability of building blocks that have been identified for
2021 and catalyse a future of sustainable business growth. These include:
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Integrated Wealth Management Business Model
Bank Islam aims to switch from a product-centric business focus to a holistic financial advisory
vision. A revenue model based on the Islamic concept of profit-sharing can potentially attract
new customers and assets, paving the way to fortify recurring non-fund-based income. Paving the Way for a Sustainable Future
It should result in higher revenue growth and customer base.

Growing the Green Economy
The Bank will intensify its focus on doubling the existing green portfolio throughout the
5-year roadmap.

Support the Real Economy 93
Bank Islam is focused on creating an enterprise business model with will shift towards an
ecosystem beyond financing-centric, such as enabling a Halal economy platform. The Bank
also aims to promote capital to help clients achieve sustainable growth, targeting larger
business portfolios from corporate customers while boosting non-fund-based income.
Greater synergy with Bank Islam’s investment arm, BIMB Investment, is planned to attain
new revenue streams through the growth of AUM. Adhering to the Best Governance Practices

Advance Digitalisation & Deployment of Digital Bank
2021 will bring in strong execution of enhancements for customer-facing
applications and the adoption of next-generation technologies and new
business models premised on BaaS and SaaS to mitigate obsolescence. |
These implementations are geared towards catalysing the Bank’s entrance
into new markets and penetrating new segments.
Uplift Social Finance Laying the Foundation for Financial Growth
Bank Islam aspires to lead the way in wealth circulation through
social finance model that will bring about the positive impact
on the livelihood of beneficiaries. The Bank will continue
to nurture communities in need through direct funding |
of various game-changing projects and mobilising perpetual
Additional Information & Disclosure Summary
funds returns towards empowering micro-entrepreneurs.
To date, Bank Islam has more than 3,000 beneficiaries since the
inception of Sadaqa House, its social finance arm.

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24 th AGM Information