Bank Islam Malaysia Bhd 2023 Sustainability Report
Company: Bank Islam Malaysia Bhd
Sector: Finance & insurance
Country: Malaysia
Year: 2023
Type: Sustainability Report
Pages: 52
The report presents Sadaqa House Bank Islam's 2023 social-finance impact, with incoming funds reaching RM15.8 million and disbursements of RM12.8 million benefiting 1,598 people. It highlights RM8.3 million disbursed through iTEKAD to 285 micro-entrepreneurs, including 155 achieving upward mobility. The report also describes the June 2023 creation of the Embedded Risk and Compliance Unit and the introduction of an iTEKAD Revolving Fund. Governance coverage includes oversight by the Sadaqa House and Zakat Committee and Board-level committees.
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