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MALAYSIA LIST OF ISLAMIC BANKS

MALAYSIA LIST OF ISLAMIC BANKS

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In Malaysia, a list of Islamic Banks refers to the official register of fully-fledged Islamic banks and Islamic banking “windows” operating under the supervision of Bank Negara Malaysia (BNM), the country’s central bank.

The list includes domestic banks as well as international Islamic banks like and it also covers conventional banks that operate Islamic subsidiaries.

In Malaysia, the lis of islamic banks has the purpose to identify and distinguish licensed institutions that are legally authorized to conduct Shariah-compliant banking activities; in Malaysia, only institutions listed and regulated by BNM can claim to offer Islamic banking services, ensuring customers that the products they use comply with Shariah principles.

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For individuals and businesses, using the official list is essential to verify authenticity and compliance. With the growth of financial technology and cross-border offerings, there is a risk of encountering institutions that market themselves as “Islamic” without being recognized by regulators.

n practice, the Malaysia List of Islamic Banks serves multiple groups: consumers who want ethical, Shariah-compliant banking services; businesses seeking Islamic financing for trade and investment; regulators monitoring financial stability; and international investors using Malaysia as a hub for Islamic finance.

Is a list of Islamic banks in Malaysia existing ?

Yes. Malaysia’s central bank (BNM) keeps an official directory of licensed Islamic banks. Based on BNM and industry sources, the current licensed Islamic banks are:

Here’s the current list of licensed Islamic banks in Malaysia with their official sites (plus one Islamic digital bank). Verified against Bank Negara Malaysia (BNM).

Islamic banks (licensed by BNM):

Islamic digital bank (licensed by BNM):

Official directories for verification (BNM):

    • BNM List of Onshore Banks in Malaysia (includes Islamic banks).