CIMB Islamic was launched by Tan Sri Dato’ Seri Dr Zeti Akthar Aziz, Governor of Bank Negara Malaysia on 2nd June 2003.
CIMB Islamic merged with Commerce Tijari Bank on 6th June 2005.
CIMB Group embarked on a rebranding exercise and CIMB Islamic was rebranded and unveiled its new logo in green. On the same year, CIMB Islamic window began in Singapore.
CIMB partnered with Principal Financial Group (PFG) to establish a joint venture in Islamic funds management. Based in Kuala Lumpur, CIMB-Principal Islamic Asset Management is the global Shariah funds management arm of PFG leverages on the strong credentials of CIMB Islamic to tap the growing global institutional appetite for Shariah-compliant investing. In Indonesia, Niaga Syariah and Lippo Salam merged to become CIMB Niaga Syariah.