“Bank Muamalat Records 20.3% Growth Profit Before Zakat And Taxation For FYE2022 To RM306.7 Million”

Bank Muamalat Malaysia Berhad (Bank Muamalat) registered a record profit before zakat and taxation (PBZT) of RM306.7 million for the financial year ended 31 December 2022 (FYE2022), representing a growth of 20.3% from the RM254.9 million posted in the previous corresponding period.

Bank Muamalat President and Chief Executive Officer, Khairul Kamarudin said, “The stellar performance registered in the financial year ended 31 December 2022 was largely driven by increased distributable income and robust financing growth in tandem with the Group’s business growth and improved asset quality.”

Source: Nam News Network

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