Industry observers point out that it is rare for a bank to be without an official leader for so long.
The company was founded in 1950 and is headquartered in Kuala Lumpur, Malaysia.
Musyarakah A partnership between two or more parties, whereby all parties will share the profit and bear the loss from the partnership.
MIDF, the smaller of the two lenders, had an asset size of RM8.
The Hotel operations segment is engaged in the leasing of hotel rooms, sale of food and beverage, and other related income.
Introduction MBSB Bank Berhad has been granted a license by Bank Negara Malaysia to undertake Islamic Banking business.