Examples of AmBank Islamic in a sentence
The related parties defined are AmIslamic Funds Management Sdn Bhd (“AIFM”), AmInvestment Bank Berhad, AmInvestment Group Berhad, AmBank (M) Berhad and AmBank Islamic Berhad.
For the avoidance of doubt, references to ‘you’ shall mean AmBank (M) Berhad and/or AmBank Islamic Berhad, as the case maybe.I/We confirm that all information and documents provided to you by us pursuant to this application are true, correct, complete and untampered.
The two policy documents are applicable to all banking institutions licensed under the Financial Services Act 2013 (“FSA”) and Islamic Financial Service Act 2013 ("IFSA").The banking subsidiaries of AMMB Holdings Berhad (“AMMB”) to which the policy documents apply are AmBank (M) Berhad (“AmBank”), AmInvestment Bank Berhad (“AmInvestment Bank”) and AmBank Islamic Berhad (“AmBank Islamic”).
In this Specific Terms and Conditions, the following words shall have the meanings stated thereto: “Agent” refers to AmBank Islamic appointed by the Customer to do such acts on behalf of the Customer under the principle ofWakalah in relations to Tawarruq in accordance with the Specific Terms and Conditions herein.
The banking subsidiaries of AMMB Holdings Berhad (“AMMB”) to which the RWCAF apply are AmBank (M) Berhad (“AmBank”), AmInvestment Bank Berhad (“the Bank”) and AmBank Islamic Berhad (formerly known as AmIslamic Bank Berhad) (“AmBank Islamic”) – which offers Islamic banking services.
A wholly-owned subsidiary, AmBank Islamic had undertaken a fair value hedge to hedge the profit rate risk of its unquoted securities as disclosed in Note 11.
The Authorized Persons are authorized to open and close account with AmBank and AmBank Islamic for any types of account and currency as specified in the account opening forms and sign and deliver other relevant documents, notices or instructions in accordance with the bank’s terms and conditions governing such accounts.
The banking subsidiaries of AMMB Holdings Berhad (“AMMB”) to which the policy documents apply are AmBank (M) Berhad (“AmBank”), AmInvestment Bank Berhad (“AmInvestment Bank”) and AmBank Islamic Berhad (“AmBank Islamic”).
The expected credit losses on the financing funded by this contract is now taken up in AmBank Islamic as disclosed in Note A39(a)(ii).
The banking subsidiaries of AMMB Holdings Berhad ("AMMB") to which the Policy apply are AmBank (M) Berhad ("AmBank"), AmInvestment Bank Berhad ("the Bank") and AmBank Islamic Berhad ("AmBank Islamic").