1.

Organization information

a) Backgroud of Bank Muamalat

Bank Muamalat Malaysia Berhad is the second bank to offer Islamic Banking
under the “Islamic Banking Act 1983” in Malaysia, after Bank Islam. Bank Muamalat
commenced operations on 1 October 1999 and is a consolidation of the assets and liabilities
of the Islamic banking division of Bank Bumiputra Malaysia Berhad , Bank of Commerce (M)
Berhad and BBMB Kewangan . Khazanah Nasional Berhad holds 70% of the
company's shares , while another 30% is held by Commerce Asset-Holdings Berhad .
In mid -August 2012, it was learned that DRB Hicom held 70% of the shares in the
bank while Khazanah Nasional Berhad held the rest and Bank Affin was allowed by Bank
Negara Malaysia to discuss with the owners of this bank on the bank's merger with Bank
Affin.

b) Mission/ Vision / Objective

Vision – To become the preffered Islamic financial services provider
Mission – To ethically deliver best value to stakeholder, society and environment.
Shared value – Care, respect, integrity, innovative and service oriented

c) Type of industry and products

INDUSTRY : The banking industry

PRODUCTS : Bank Muamalat offers a variety of banking services such as :

 Deposit
 Bank Muamalat cards
 Financing
 Ar-rahnu
 Electronic banking
 Wealth management
D) Organizational Chart

Datuk Seri Tajuddin Atan

(CHAIRMAN) (INDEPENDENT NON-EXECUTIVE DIRECTOR)

Dato’ Sri Che Khalib Mohamad Noh

(NON-INDEPENDENT NON-EXECUTIVE DIRECTOR)

Dato’ Ibrahim Taib

(NON-INDEPENDENT NON-EXECUTIVE DIRECTOR)

Iwan Rashman Gulamoydeen

(NON-INDEPENDENT NON-EXECUTIVE DIRECTOR)

Md Khairuddin Hj Arshad

(INDEPENDENT NON-EXECUTIVE DIRECTOR)

Johari Abdul Muid

(INDEPENDENT NON-EXECUTIVE DIRECTOR)

Mohd Razlan Mohamed

(INDEPENDENT NON-EXECUTIVE DIRECTOR)

Roshidah Abdullah

(INDEPENDENT NON-EXECUTIVE DIRECTOR)

CONCLUSION

The conclusion we get from this paperwork is to be able to acknowledge the

background of both bank which is Bank Muamalat and Bank islam. On top of that we are be
able to know those who is responsible for the bank organization and strategic matter, which
is been displayed in the organizational chart. The organizational chart represent company’s
internal structure by detailing the roles, responsibilities and relationship between individual
within an entity.

Furthermore, we get to understand much clearly about type of products and

services that are provided and available in both bank. Due to that we can survey which
services or product that we wanted to use before actually going to the bank .

Moreover, this paperwork also taught us the pros and cons of each banks that we
had studied, we could make a better decision to choose which banks would meet our criteria
of need.

After all, we did learn a lot from this paperwork and improve our understanding
towards banks on a whole different perspective and understanding. We are really proud and
grateful to accomplish this paperwork. This is due to be able to understand both banks and
acquire a lot of knowledge.