CIMB, SC Malaysia, and Bursa Malaysia roll out pilot to broaden Shariah investing

More than half of CIMB’s Malaysian financing book is now Shariah-compliant, it said.

CIMB Group Holdings Berhad is collaborating with the Securities Commission Malaysia (SC) and Bursa Malaysia Berhad for a pilot project aimed at developing a "new innovative instrument" related to Shariah investing.

The project is developed under SC’s Innovation Lab (FIKRALab) and aims to broaden the investible universe for Shariah-compliant funds to participate in ASEAN’s Islamic banking growth, according to a press release on 27 March 2026.

More than half of CIMB Group’s Malaysian financing book is now Shariah-compliant, the bank said.

Meanwhile, CIMB Niaga in Indonesia is in the process of spinning off its Islamic banking business to be a full-fledged Islamic bank.