1.0 A bank is a financial institution licensed by a government and its primary activities include borrowing and lending money (BAFIA 1989). Malaysia first domestic bank is Kwong Yik (Selangor) Banking Corporation (now Malayan Banking Berhad) established in 1913. Maybank is the largest bank in Malaysia‚ operating with 374 domestic branches‚ 90 international branches and employing over 10‚000 people (Maybank Annual Report 2009) The Malaysia retail banking industry is primary dominated by few competitors
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Internal and External Factors and the Performance of Malaysian Islamic Banks Parviz Ahangi University of Lethbridge Faculty of Management Abstract This study analyzes the effect of internal and external factors on the performance of Islamic banks in Malaysia. Additionally‚ this study analyzes the robustness of this effect by adding factors that represent the economic crisis of 2008 and the banks’ maturity to the analysis. This study uses the data for 16 Malaysian Islamic banks for the period
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Purchases Cycle Figure 1-1 Purchases Cycle Purchasing Review Purchasing is a process of buying goods and services. It was done by every department of Hup Seng Industries Berhad‚ when they have the needs‚ wants‚ and demands to authorise certain goods and services. The purchases cycle starts with purchase requisition request by various departments. The purchase requisition was sent to the purchasing department. After the related suppliers were reviewed and examined by the purchasing agents‚
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Maxis Communications Berhad is a leading mobile phone service provider in Malaysia. Maxis Communications Berhad was established in the early 1990s and commenced mobile telecommunications operation in August 1995. It was then listed under the first board in Kuala Lumpur Stock Exchange (KLSE). At present Maxis Communication Berhad is the biggest telecommunication provider in Malaysia. The company has total subscribers at 13.95 million as of December 2010. Maxis Communications Berhad‚ through its subsidiary
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Takaful and Actuarial Practices (TK2002) 1000490 Ahmad Azhar Bin Mohd Juwaidi 1000490 International Center for Education in Islamic Finance This project paper is a partial fulfillment of Module TK2002 of Certified Islamic Finance Professional (CIFP) INCEIF September 2013 1|Page Takaful and Actuarial Practices (TK2002) 1000490 Question Whilst the development of the takaful industry has been rapid many takaful operators fail to distinguish themselves from their insurance
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Background of CIMB Group CIMB Group Holdings Berhad ( CIMB Group ) is Malaysia’s second largest financial services provider and one of the Southeast Asia’s leading universal banking groups. CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad (formerly known as Bumiputra-Commerce Holdings Bhd). As at 20 November 2009‚ CIMB group was the third largest company on Bursa Malaysia with a market capitalization of approximately RM46.6 billion. After that‚ it has a market capitalisation
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In Webster’s Dictionary‚ the definition for the term “astr-“ or “astro-“ is “star‚ heavens‚ of outer space‚ astronomical‚” and the definition for “–ology” is “science‚ doctrine‚ theory of‚” yet even though the combination of these terms makes the word “astrology‚” astrology itself is not considered a true science in modern Western Philosophy. The term we use for the scientific study of the stars‚ planets‚ and other celestial phenomenon is astronomy. Webster’s dictionary defines science as “systemized
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something I value. Thus‚ I am writing to apply for a career opportunity in your reputable company. I am currently in my final semester and will be graduating on December 2010. 2. On my previous work experiences‚ I have been attached at Syarikat Air Melaka Berhad (SAMB) for 8 months (June 2009-January 2010) at Mechanic and Mechanical Section as Mechanic and Mechanical Personnel. My main job scopes there were to help and assist the mechanics and other staff. Some of the major projects that I have been involved
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of 1997. There are several major methods of privatization in Malaysia‚ but those of significance are shares issued privatization (SIP) firms. These entities‚ such as Tenaga Nasional Berhad (the national power generator and distributor)‚ Malaysian Airline System Berhad (the national airline)‚ and Telekom Malaysia Berhad (the national telecommunications provider)‚ are huge and highly visible‚ and they could be privatized only through a public share issue There are several benefits in privatization of
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History Hong Leong Bank Berhad started its humble beginnings in 1905 in Kuching‚ Sarawak‚ Malaysia under the name of Kwong Lee Mortgage and Remittance Company and later in 1934‚ incorporated as Kwong Lee Bank Limited. In 1989‚ it was renamed MUI Bank‚ operating in 35 branches. In January 1994‚ the Group acquired MUI Bank through Hong Leong Credit Berhad (now known as Hong Leong Financial Group Berhad). This milestone saw the birth of Hong Leong Bank and in the same year in October‚ Hong Leong Bank
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