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Elaf Bank Opens Branch Office in South East Asia

Elaf Bank is pleased to announce the opening of its first branch office, which will be located in Kuala Lumpur, Malaysia. This branch office will be the center of operations for the Bank in South East Asia, further extending the activities of the main branch headquartered in the Kingdom of Bahrain, and giving Elaf Bank a competitive edge in both strategic markets.

The opening of the branch office in Malaysia is yet another step towards achieving the Bank’s vision to create “virtual corridors” among major Islamic finance hubs. The Kingdom of Bahrain has already been placed on the map as the distinguished “Islamic banking hub” of the Middle East. Malaysia is viewed as an exemplary Islamic finance market, and has achieved the status of being recognized as the center for Islamic finance in South East Asia. With this strategic move, Elaf Bank is embarking on a well-defined growth path harmonious with its intent of broadening the opportunities and growing the geographical scope and reach of Islamic finance to benefit both the Middle East and South East Asia regions, and beyond.
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