Page 113 - Bank Muamalat_AR24
P. 113

ANNUAL REPORT 2024                                       1  2   3  4  5 Sustainability Statement  6  7  8  111













              2. Supporting Continuous Learning and Leadership     5.  Leadership Development
                 Growth
                                                                      In 2024, the Bank intensified its efforts to nurture effective
                 The  Bank  is  committed  to  equipping  employees  with     leadership across all levels of the organisation.
                 the  skills,  knowledge,  and  competencies  required  to   •  On  18th  October  2024,  Bank  Muamalat  hosted  a
                 perform effectively and stay aligned with evolving     leadership  conference  titled  “Elevating  Leadership:
                 industry standards, regulatory expectations, and
                 organisational goals.                                  A Mentorship Journey” at its headquarters. The event
                                                                        focused on empowering leaders with practical tools
                 As a full-fledged Islamic banking institution, the Bank   and perspectives to lead through mentorship.
                 places strong emphasis on:
                                                                      Following the conference, the Bank launched the
                 •  Shariah compliance                                “Elevate  Your  Leadership”  programme,  delivered
                                                                      across  four  cohorts  for  Heads  of  Division,  Department,
                 •  Leadership development
                                                                      and  Team  Leaders.  The  programme  aimed  to  develop
                 •  Technical and functional training                 core leadership capabilities such as collaboration,
                                                                      team-building, and positive relationship management.
                 These areas are prioritised to support both organisational
                 growth and individual performance across all levels.  Additional  leadership  development  programmes
                                                                      included:
              3.  Advancing Academic Excellence
                                                                      •  Coaching and Mentoring
                 In support of continuous learning and career         •  Crucial Conversations for Mastering Dialogue
                 advancement,  the  Bank  encourages  employees  to
                 pursue  higher  education.  Through  a  strategic    •  Leading with Empathy
                 collaboration   with   DRB-HICOM      University,    •  Masterclass in Behavioural Psychological Leadership
                 Bank Muamalat offers full sponsorships for its Master
                 of Business Administration (MBA) programme to        •  Situational Leadership II
                 eligible employees.
                                                                      To support newly promoted leaders, the Bank delivered
                 •  10 employees are currently enrolled in the programme   four sessions of the “First-Time Managers” programme,
                   (both full-time and part-time), with expected      focused on strategic thinking, business acumen,
                   graduations in February and June 2026.             problem solving, and decision making. Additionally,
                                                                      the  “Leadership  Mastery:  Essential  Competencies
              4.  Professional Certification Support
                                                                      for  Driving  Team  and  Business  Success”  programme
                 To  foster  professional  growth  and  role-based    was introduced for newly promoted middle and
                 competencies, the Bank continues to support employees   senior management staff. The programme builds
                 in obtaining relevant certifications. These certifications   critical leadership competencies and cultivates a
                 strengthen technical proficiency and ensure that     growth-oriented mindset essential for success in
                 employees  are  equipped  to  meet  the  demands  of    leadership roles.
                 their  respective  functions.  As  of  31  December  2024,
                 a total of 128 employees have attained professional
                 qualifications, including:
                 •  Associate Qualification in Islamic Finance (AQIF)
                 •  Intermediate Qualification in Islamic Finance (IQIF)
                 •  Islamic Professional Credit Certification (IPCC)
                 •  Certificate in Anti-Money Laundering (CAML)

                 •  Certified Shariah Practitioner (CSP)
                 •  Islamic Financial Planner (IFP)
   108   109   110   111   112   113   114   115   116   117   118