Does Bank Muamalat pay their employees well?

According to anonymously submitted Glassdoor reviews, Bank Muamalat employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Bank Muamalat. This rating has decreased by 6% over the last 12 months.

How satisfied are employees working at Bank Muamalat?

58% of Bank Muamalat employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Bank Muamalat 3.6 out of 5 for work life balance, 3.5 for culture and values and 3.4 for career opportunities.

What are the top reviewed jobs at Bank Muamalat?

Executive (26) , Internship (21) , Intern (5) , Internal Auditor (4) , Assistant Manager (3) , Credit Analyst (3) , Customer Service Officer (3) , Customer Service Representative (3) , Manager (3) , Operation Officer (3) , Sales Executive (3) , Senior Executive (3) , Takaful Specialist (3) , CFE Consultant (2) , KYC Analyst (2)

What are the pros of working at Bank Muamalat according to real employee reviews?

"Great colleagues (friendly and welcoming)" ((in 21 reviews)); "Good benefits IF you are a permanent staff" ((in 10 reviews)); "Great working environment for fresh graduate" ((in 7 reviews)); "A comfortable workspace, friendly colleagues, and a good environment for beginners." ((in 7 reviews)); "I was given the chance to be involved in real tasks and was guided by helpful and friendly staff." ((in 4 reviews))

What are the cons of working at Bank Muamalat according to real employee reviews?

"Low salary and don't bother with getting a raise it won't happen unless you resign" ((in 15 reviews)); "Bad management" ((in 7 reviews)); "Low bonuses for support deparment staffs." ((in 6 reviews)); "There are also no career progression and growth." ((in 4 reviews)); "No work from home and working style is old school." ((in 3 reviews))

Bank Muamalat Reviews

3.6

58% would recommend to a friend

(79 total reviews)

Dato' Hj Mohd Redza Shah Abdul Wahid

90% approve of CEO

64% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (79 reviews)

Bank Muamalat has an employee rating of 3.6 out of 5 stars, based on 79 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bank Muamalat employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

79 reviews

1.0

19 Oct 2012

How I feel about Bank Muamalat

Manager it department

Recommend

CEO approval

Business outlook

Pros

The Bank was established way in 1999 to be one of the prime Islamic Banking in Malaysia

Cons

The original objective of the Bank's objective did not materialize due to its rapid change of shareholders and ownership that lead to lack continuity to stay on in the banking industry playing field

2.0

9 Feb 2023

THE ACTUAL JOB IS NOT THE SAME WITH THE JD

Marketing executive

Recommend

CEO approval

Business outlook

Pros

Great colleagues. Open space office

Cons

There are a lot of times, my team has to do work that is outside of our scope and the manager doesn't give us the correct instruction or guided us. The range for fresh grad is also the lowest amongst other banks. In the last 10 months, 4 of my team members resign because of my manager. The company doesn't have a clear vision of what they want and keeps pushing their staffs even outside of office hours. There are also no career progression and growth. Most potential staffs left the company because the feel under appreciated.

4.0

6 June 2021

Good place for fresh graduate

Credit analyst

Recommend

CEO approval

Business outlook

Pros

Good to start a career for fresh grad. If you are permanent staff & under officer grade (under union). Yearly increment up to RM250 is fixed Good medical benefit for senior staff. Full cover self and dependent (spouse + up to 5 children) Full fledge islamic bank. Good for jobseeker who seek for full shariah compliant bank (free of riba’)

Cons

Poor bonus - average 1 - 2 months only. Poor increment. Average 4% per year (managerial rank). Worst part is no increment for managerial post (has been 2 years since covid pandemic). Unfair to staff under management since officer & clerical staff still enjoyed their fixed yearly increment. Under new CEO work culture has been changed.. all staf are being push to work harder & achieve bank’s KPI.. huge workload & long working hour (include weekend) is expected

Viewing 1 - 3 of 79 Reviews

Bank Muamalat

Bank Muamalat Reviews

Company ratings over time

Reviews by job title

How I feel about Bank Muamalat

THE ACTUAL JOB IS NOT THE SAME WITH THE JD

Good place for fresh graduate

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