KUALA LUMPUR, Dec 28 (Bernama) — AmBank Islamic recently participated in the Islamic Finance News (IFN) Asia OnAir Forum which was hosted by IFN from 24 to 26 November 2020. The forum gathers industry players to deliberate on key issues pertaining to the involvement of Islamic financial institutions in supporting the revival of the economy which had been adversely impacted by the COVID-19 pandemic.
Speaking to the panel discussion on ‘The opportunities for a back-to-basics approach and how Islamic finance can and will flourish’, Eqhwan Mokhzanee, Chief Executive Officer of AmBank Islamic said, “During these unprecedented times, it is imperative for financial institutions, especially Islamic banks, to focus on their traditional roles of mobilising liquidity and solvency support to the real economy. In Malaysia, banks have come to the fore via schemes such as the moratorium, repayment assistance and targeted repayment assistance, and facilitated the intermediation of government and BNM funds”.
