Bank Muamalat's New Branch In Melaka Underscores Commitment To Expanding Islamic Banking
MELAKA, June 9 (Bernama) -- The opening of Bank Muamalat Malaysia Bhd’s new branch in Melaka, launched today, strengthens the bank’s commitment to expanding its Islamic banking network and services in the state.
Its president and chief executive officer, Khairul Kamarudin, said the new branch, which begins operations at the Melaka International Bowling Centre (MIBC) in Ayer Keroh on April 28, has already attracted over 400 new customers and recorded business transactions exceeding RM4.9 million within a month.
"This new branch is not just a premise; it is our commitment to supporting Melaka’s economic growth. Since its opening, the response from the community has been encouraging.
"Its strategic location in the heart of the administrative and industrial centre enables us to deliver added value directly and effectively to local entrepreneurs, the community, and government agencies," he said.
He made these remarks in his speech at the launch of Bank Mualamat Melaka Branch officiated by Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.
Khairul said the new branch offers a wide range of services including deposit and investment accounts, housing, personal and business financing, Ar-Rahnu services, gold investment, unit trust and takaful. It is also an official agent for Amanah Saham Nasional Bhd, zakat and Tabung Haji services.
He said the bank is also ready to collaborate with the Melaka state government on development initiatives such as Islamic entrepreneurship programmes, economic empowerment for the B40 group, rural digital transformation, and cashless transaction initiatives, particularly in tourist locations and rural communities.
“We believe this branch will strengthen our role as a strategic partner in the state’s development. Our presence in Melaka is a manifestation of Bank Muamalat’s long-term commitment to expanding access to Islamic financial services for the local community, supporting the digitalisation agenda, and empowering entrepreneurship.
"At the end of last year, Bank Muamalat opened two new branches in Melaka, in Jasin and Alor Gajah, as well as an Ar-Rahnu centre in Sungai Udang. We now have 70 branches nationwide," he said.
Meanwhile, Ab Rauf said the state government is open to exploring various forms of collaboration with Bank Mualamat, whether in development, welfare or financial education.
He said this effort aligns with the state government’s aspirations through the Melakaku Maju Jaya Strategic Plan (PSMJ) 2035, which includes emphasising Shariah-compliant economic development, halal industry, and sustainable investment.
He added that the state government is also focusing on empowering entrepreneurs, particularly in the micro, small and medium enterprise (MSME) sector. As of May this year, more than 34,900 MSMEs are registered in Melaka, with over 300 halal products having received recognition from the Department of Islamic Development Malaysia (JAKIM).
-- BERNAMA