Bank Islam Eyes Expansion In Indonesia, Bangladesh

Bank Islam Malaysia Bhd is noticing opportunities for expansion in Indonesia and Bangladesh, which have sizeable Muslim populations and adequate Islamic banking regulatory policy and supporting infrastructure in place to speed up Shariah-based financing and banking operations.
Managing Director Datuk Seri Zukri Samat stated that although the two countries have been recognized as "very interesting countries" that fit into the bank's expansion plan, such plans would have to take into consideration the current global economic situation and its effect in this region.