MALAYSIA: BIMB Holdings, which owns Bank Islam Malaysia and Syarikat Takaful Malaysia, has reported a 47% year-on-year growth in its profit before tax and zakat to RM399.8 million (US$125.72 million) in the nine months ended the 30th September.
Bank Islam recorded a profit before tax and zakat of RM342 million (US$107.54 million), an increase of 42% from the previous corresponding period, on the back of RM1.2 billion (US$377.35 million) in revenue.