Maybank, Gallant Venture to develop Bintan halal hub
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has teamed up with Gallant Venture to develop the Bintan Inti Halal Hub (BIHH), a halal industrial ecosystem in Bintan, Indonesia amid growing global demand for halal products and services.
Malayan Banking Bhd (Maybank) and Gallant Venture have joined forces to develop the Bintan Inti Halal Hub (BIHH) in Indonesia, a growing halal industrial ecosystem. The partnership combines Maybank's banking and halal expertise with Gallant's industrial infrastructure to create opportunities for businesses in Southeast Asia's expanding halal economy.
Maybank will offer a range of Islamic banking and financial solutions to businesses within BIHH and the broader halal value chain, including account services, deposits, cash management, foreign exchange, trade financing, payroll, and settlement solutions. The hub aims to support businesses expanding across Indonesia, Singapore, and Malaysia, while attracting international investment in regional manufacturing and trading operations.
It will also provide halal certification support, business matching, strategic partners, and access to Malaysia's first B2B halal marketplace, Salaam Marketplace. Maybank's Islamic Bhd group chief executive officer, Yasin Abdullah, emphasized that the initiative strengthens the ecosystem to help businesses connect, grow, and tap into regional halal trade opportunities.
This initiative aligns with Maybank's ROAR30 aspirations, which aim to power the real economy, create RM100 billion in opportunities for SMEs, and build foundations for Maybank's global Islamic leadership.
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