Superbike Financing

In: Business and Management

Submitted By MsParker8391
Words 2580
Pages 11
FOREWORD
I am Sarah Afifah binti Abd Hamid was requested by Puan Rohani Abdul Ghani to conduct a study issue that related to finance sector. I choose “Bank Islam offers superbike financing “as for my individual assignment and presentation. Generally, I have to study and find out why Bank Islam choose to offer superbike financing and what is the reasons due to that. This main finding was that the assumption of increasing profit in sales is increased in this market segment by Bank Islam.

Image 1: Example picture of superbike financing by Al-Rajhi Bank

1.0 INTRODUCTION
Bank Islam, established in 1983, is Malaysia’s maiden Shariah-based institution. Since its inception, it has emerged as the symbol of Islamic banking in Malaysia and its vision to be “A Global Leader in Islamic Banking” illustrates the Bank’s status as the flag bearer of the country’s financial services industry (“the industry”).
Bank Islam has been growing from strength to strength as evidenced by its financial performance and paid-up capital, which, in turn, was instrumental in making the growth of its assets. Throughout the year, Bank Islam has been embarking on a number of expansion programmes with its involvement in, among others, notable transaction in Sukuk and Corporate Mandates. Living up to its pioneering spirit, the Bank has continued to provide innovative and enhanced products and services which have resulted in a growing number of customers seeing Islamic banking as a true alternative to conventional banking. This growing list of clienteles in addition to truly groundbreaking and quality banking solutions have been recognized by the global industry which is reflected by the Bank's position as one of the top banks in the country.
Through a vast expanding network of 133 branches and more than 1200 self-service terminals nationwide, Bank Islam parades a comprehensive list of more…...

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