# Bank Islam Malaysia

> Source: https://docs.barcoder.ai/docs/wallets/bank-islam-malaysia
> research date 2026-05-31 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Bank Islam — official](https://www.bankislam.com/)

## Overview

**Bank Islam Malaysia** is **KLSE: BIMB** + **Malaysia's first Islamic bank since Jul 1 1983** + **Lembaga Tabung Haji Malaysian Muslim pilgrimage savings fund ~52.5% controlling** + **Islamic-compliant retail + commercial banking** <sup>[1][1], [Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup>.

## History

**Jul 1 1983 — Bank Islam Malaysia Berhad founded as Malaysia's first Islamic bank under Islamic Banking Act 1983** distinctive Malaysian Islamic banking heritage as Southeast Asia's first Islamic commercial bank.

**2014 — Bank Islam mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Bank Islam Malaysia Berhad** (Malaysia's first Islamic bank; KLSE: BIMB).

**Major shareholders**: **Lembaga Tabung Haji (Malaysian Muslim pilgrimage savings fund) ~52.5% controlling + EPF Employees Provident Fund Malaysian pension fund minority + Malaysian retail + institutional + foreign investors free float**.

**Regulators**: **BNM Malaysia + SAC Bank Negara Shariah Advisory Council**.

## Technical integration

Bank Islam mobile app (iOS + Android) + bankislam.com online + Bank Islam branch network across Malaysia + Bank Islam Visa + Mastercard cards; MY IBAN + DuitNow + DuitNow QR + RENTAS + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).

## Implementations & partners

**Major Malaysian Islamic + commercial banking competitors**: [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) (Maybank Malaysia; KLSE: MAYBANK; Malaysia's largest commercial bank by assets + Maybank Islamic subsidiary) + [CIMB Bank](https://docs.barcoder.ai/docs/wallets/cimb-bank) (CIMB Bank Berhad; KLSE: CIMB + CIMB Islamic subsidiary) + [Public Bank Berhad / MyPB](https://docs.barcoder.ai/docs/wallets/public-bank) (Public Bank Berhad; KLSE: PBBANK + Public Islamic subsidiary) + [RHB Bank Malaysia / RHB Mobile Banking](https://docs.barcoder.ai/docs/wallets/rhb-bank) (RHB Bank Berhad; KLSE: RHBBANK + RHB Islamic subsidiary) + [Hong Leong Bank Malaysia / HLB Connect](https://docs.barcoder.ai/docs/wallets/hong-leong-bank) (Hong Leong Bank Berhad; KLSE: HLBANK + Hong Leong Islamic subsidiary) + Bank Muamalat Malaysia (Bank Muamalat Malaysia; Malaysia's second Islamic bank since 1999; DRB-HICOM Berhad parent) + [Bank Rakyat Malaysia](https://docs.barcoder.ai/docs/wallets/bank-rakyat) (Bank Rakyat; Malaysian Islamic cooperative banking) + Agrobank (Agrobank; Malaysian Islamic agriculture commercial bank) + [Touch 'n Go eWallet](https://docs.barcoder.ai/docs/wallets/touch-n-go) (Touch 'n Go eWallet Malaysian super-app wallet; ~22M+ Malaysian users) + [MAE (Maybank E-Wallet)](https://docs.barcoder.ai/docs/wallets/mae-maybank) (MAE by Maybank Malaysian P2P mobile wallet).

**Regulators**: BNM Malaysia + SAC Bank Negara Shariah Advisory Council.

## Status

**Active, KLSE:BIMB + Malaysia's first Islamic bank since Jul 1 1983 + Lembaga Tabung Haji Malaysian Muslim pilgrimage savings fund ~52.5% controlling + Islamic-compliant retail + commercial banking** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bankislam.com/ "Bank Islam — official"
[2]: https://en.wikipedia.org/wiki/Bank_Islam_Malaysia "Bank Islam — Wikipedia"
[my-cro]: https://docs.barcoder.ai/docs/payments/MY

- [1] [Bank Islam — official][1]
- [2] [Bank Islam — Wikipedia][2]
- <sup>[Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup> In-corpus: `reports/countries/MY-malaysia.md`

## Source

Biography extracted from [bank-islam-malaysia.md](https://docs.barcoder.ai/source/wallets/bank-islam-malaysia). See `matrix.md` for standards-support matrix if present.