Bank Islam Malaysia Berhad

Islamic bank based in Malaysia that has been in operation since July 1983. Bank Islam was established primarily to assist the financial needs of the country's Muslim population, and extended its services to the broader population. The bank currently provides Shariah-compliant card services and mobile banking, in addition to traditional banking. Bank Islam was set up with an initial authorised capital of RM 500 million and paid in capital of RM 79.9 million; the bank has gradually increased its authorised and paid-in capital to RM 2 billion and RM 563 million respectively.