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Bank Rakyat
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BANK RAKYAT

Bank Rakyat was established on the 28th September 1954 under the Cooperative Ordinance and has now established a reputation as the biggest Islamic cooperative bank in Malaysia. The transformation in 2002 of the bank from a conventional banking system to a banking system based on Shariah has enabled the bank to record encouraging profits year after year.

We continue to expand our product range and customer facilities that are varied and innovative. The products and facilities include consumer banking, commercial financing, savings and investments as well as financial planning products to satisfy the many demands of a wide spectrum of modern-day customers.

We have received various accolades as an industry player and an outstanding cooperative organization in Malaysia as well as internationally.

To date, we have 147 branches with more than 1,000 automated teller machines and cash deposit machines and 184 Ar-Rahnu X’Change outlets nationwide. Bank Rakyat also operates a contact centre, tele-Rakyat, that can be reached at 1-300-80-5454 (toll-free) and the iRakyat internet banking service at www.irakyat.com.my. We can also be reached via Facebook at www.facebook.com/myBANKRAKYAT and Instagram at instagram.com/myBANKRAKYAT.

About Us

REDmoney Events designs, organizes and hosts industry-leading conferences, forums, roadshows and seminars focusing on the Islamic financial markets across a global, regional and national level.

+603 2162 7800
[email protected]

Our Publications

  • Islamic Finance news
  • IFN Investor
  • IFN Sustainable
  • IFN Fintech

Recent Tweets

Islamic Finance News @ifn_news ·
3 Jun

Faysal Bank Limited successfully raised PKR7 billion (US$24.5 million) through a Tier II capital Sukuk issuance, strengthening its regulatory capital base and supporting future growth.

To read full article:
https://www.islamicfinancenews.com/faysal-bank-raises-pkr7-billion-us24-5-million-through-inaugural-sukuk-offering.html

Islamic Finance News @ifn_news ·
3 Jun

We are pleased to welcome Lawrence Oliver, Executive Director, Deputy CEO, DDCAP Group/ETHOS AFP to the speaker line-up for IFN Investor Americas Forum 2026, taking place in S&P Global Offices, New York on 16th June 2026.

FREE registrations now open.

Islamic Finance News @ifn_news ·
3 Jun

We are pleased to welcome Kamal Solaiman, CEO and Managing Partner, Sinbad Capital to the speaker line-up for IFN Investor Americas Forum 2026, taking place in S&P Global Offices, New York on 16th June 2026.

FREE registrations now open.

Islamic Finance News @ifn_news ·
3 Jun

We are pleased to welcome Elias Scheker Da Silva, Portfolio Manager - Global Fixed Income, Wafra to the speaker line-up for IFN Investor Americas Forum 2026, taking place in S&P Global Offices, New York on 16th June 2026.

FREE registrations now open.

LATEST POSTS

We are proud to welcome @smartpension as Partner f We are proud to welcome @smartpension as Partner for IFN UK Forum 2026.

This event will take place on 7th September 2026 at Mansion House, London.

FREE registrations now open.

�#IFNUKForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #UK
We are proud to welcome Zunikh as Partner for IFN We are proud to welcome Zunikh as Partner for IFN Asia Issuers and Investors Forum 2026.

This event will take place on 29th September 2026 at EQ Kuala Lumpur.

FREE registrations now open.

#IFNAsiaIssuersandInvestorsForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #KualaLumpur
We are proud to welcome Zunikh as Partner for IFN We are proud to welcome Zunikh as Partner for IFN UK Forum 2026.

This event will take place on 7th September 2026 at Mansion House, London.

FREE registrations now open.

#IFNUKForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #UK
We are proud to welcome Zunikh as Partner for IFN We are proud to welcome Zunikh as Partner for IFN Investor America Forum 2026.

This event will take place on 16th June 2026 at New York.

FREE registrations now open.

#IFNInvestorAmericaForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #NewYork
🌙✨ Eid Mubarak from Islamic Finance News! Wishing 🌙✨ Eid Mubarak from Islamic Finance News!

Wishing our global Islamic finance community joy, unity and continued success this Eid. 🤍🌙

#IslamicFinance #Eid2026
IsDB announces the winner of the Most Innovative T IsDB announces the winner of the Most Innovative Trade Development Initiative of the Year: EUR160 million (US$186.31 million) commodity Murabahah facility for Agrobank

The EUR160 million commodity Murabahah facility for Agrobank, backed by The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Standard Chartered, is a transformative milestone for Uzbekistan’s financial landscape. As the country’s first-ever commodity Murabahah transaction, it successfully navigated a complex regulatory vacuum, establishing a Shariah compliant blueprint for future trade liquidity.

The deal represents a “triple-first”: The inaugural use of this instrument in Uzbekistan, ICIEC’s first direct commercial banking partnership in the nation and a massive capital injection specifically for the underserved SMEs and retail sectors.

Read full article here @ifnforums 🎉
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