KUALA LUMPUR, March 27 (Bernama) -- In line with Securities Commission Malaysia’s (“SC”) Capital Market Masterplan 2026-2030 (“CMP”), CIMB Group Holdings Berhad (“CIMB” or “the Group”) today announced its commitment to develop an innovative instrument designed to advance Malaysia’s Islamic capital markets. CIMB will be collaborating with the SC and Bursa Malaysia Berhad in a pilot project under SC’s ICM Innovation Lab (“FIKRALab”). The innovation aims to broaden the investible universe for Shariah-compliant funds to participate in ASEAN's Islamic banking growth.
As one of ASEAN’s leading Islamic banking franchises, CIMB enters this next phase from a position of strength. Guided by its purpose of advancing customers and society, the Group continues to deepen its Islamic banking franchise as a core growth pillar. Today, more than half of its Malaysian financing book is Shariah-compliant, while CIMB Niaga in Indonesia is in the process of spinning off its Islamic banking business to be a full-fledged Islamic bank.
Novan Amirudin, Group Chief Executive Officer, CIMB Group said, “The CMP charts an ambitious direction for Malaysia’s capital markets, and we are grateful to be part of this pilot project, supporting the SC to bring that vision to life. CIMB’s participation reflects our continued advocacy in capital market and digital innovation. Our Islamic franchise has reached meaningful scale, and we see significant opportunity to further unlock this value by providing new Shariah-compliant structures to investors with a Shariah mandate.”
This collaboration is aligned with CIMB’s Forward30 strategy, where Islamic finance is a key priority growth engine anchored on scale, innovation and sustainability. As the CMP emphasises innovation, resilience and international competitiveness, CIMB’s proactive collaboration underscore its role not merely as a market participant, but as a contributor to the next phase of capital market evolution in Malaysia.
About CIMB CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM89.0 billion as at 31 December 2025. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and the Philippines.
Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 573 branches and over 33,000 employees as at 31 December 2025. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its awardwinning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise.
CIMB is also the 91.45% shareholder of Bank CIMB Niaga in Indonesia, and 94.83% shareholder of CIMB Thai in Thailand.
SOURCE: CIMB Group
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com
--BERNAMA