Thursday Januar Amlslamic sees 30% growth in assets, profit 2010 KUALA LUMPUR: Amislamic Bank Bhd is confident of achieving double-digit growth in its Islamic banking business for the financial year ending March 31. Managing director and chief executive officer Datuk Mahdi Murad said the bank expected to see 30% growth in assets and profitability. “For the past five years, we have recorded double-digit growth, so we are confident of achieving it again,” he said. Amlslamic Bank was also targeting a 30% market share with its. total Islamic banking profit this year, he told reporters after the presentation of its business zakat. The bank expected its new branch at Universiti Islam Antarabangsa Malaysia to begin operation in March or April, Mahdi said. “We also plan to issue six more new products, including wealth management and structured products, this year,” he said. On non-performing loans (NPLs), Mahdi said Amislamic Bank expected the figure to be less than 1%. — Bernama