KUALA LUMPUR, July 25 (Bernama) -- BIMB Holdings Berhad’s (BHB) was recently selected as top 20 finalists in PwC Malaysia's Building Trust Awards 2019. It is an award which recognises Malaysian companies that make strides in building trust through their communications and interactions with stakeholders.

Selection of the finalists was made based on the quality of BHB integrated annual report benchmarked against the International Integrated Reporting Council (IIRC) Framework together with the measurement of trust perception via assessment of leadership trust and poll from the public. No submissions or nominations were accepted for this award.

Meanwhile, for the first time, BHB’s wholly-owned subsidiary, Bank Islam Malaysia Berhad (“Bank Islam”), has emerged top of the Bloomberg’s Global Sukuk league table from its 27th position (as at the end of 2018) in the first half of this year. It garnered a 17.31 per cent of the Global Sukuk market share, having successfully arranged landmark deals which raised a total of USD$5.15 billion (RM21.02 billion) worth of Sukuk.

Bank Islam also led the Bloomberg’s Malaysian Capital Market league table for the first time in the first half of the year in the category of issuances of Malaysian Bonds and Malaysian Ringgit Islamic Sukuk. As of 30 June 2019, its market share in the Malaysian Bonds and Malaysian Ringgit Islamic Sukuk stood at 34.71 per cent and 38.28 per cent respectively.

BIMB Investment Management Berhad (BIMB Investment), a full-fledged Islamic fund management company and a wholly-owned subsidiary of Bank Islam providing Shariah- environmental, social and governance (ESG) investment products and services to individual and corporate investors, was also awarded the ESG Asset Manager of the Year 2019 Award by The Asset Triple A Islamic Finance Awards 2019. The award is in recognition of its significant contributions and achievements in ESG, sustainability and asset management in Asia.

Bank Islam’s journey in ESG and sustainable investing started in 2015. Within four years, ESG efforts by the bank have gained traction and valued as an essential criterion in measuring the bank’s value, alongside fundamental analysis of its finances.

Chairman of BIMB Holdings Berhad, Tan Sri Ambrin Buang said: “We are indeed very proud of the achievements of our subsidiaries. I wish to extend our sincere appreciation to all stakeholders as these landmark achievements would not be possible without their trust and support. We shall continue to strive and deliver financing solutions to our clients, not only in the Islamic capital markets space but also in Islamic Finance in general.”

For further information on BHB, please visit www.bimbholdings.com.

About BIMB Holdings Berhad

BIMB Holdings Berhad (“BHB”) is the first Islamic Financial Holding company approved by Bank Negara Malaysia under the Islamic Financial Services Act 2013. BHB was incorporated in Malaysia on 20 March 1997 and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 September in the same year. The core subsidiaries of the BHB Group are pioneers in various Islamic financial services including banking, takaful, stockbroking, and other related services namely Bank Islam Malaysia Berhad, Syarikat Takaful Malaysia Keluarga Berhad and BIMB Securities Sendirian Berhad.

Issued by: Group Corporate Communications, BIMB Holdings Berhad

Source: BIMB Holdings Berhad

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Wan Norkhairi Wan Samad
Head, Group Corporate Communications
BIMB Holdings Berhad
Tel: +603-27821232
Fax: +603-20888110
Email: wnorkhairi@bankislam.com.my

Name: Omar Atin
Assistant Vice President, Public Relations
Group Corporate Communications
BIMB Holdings Berhad
Tel: +603-27812943 / +6019-3919144
Fax: +603-27812998
Email: omar@bimbholdings.com 

--BERNAMA