Azrul, a member of opposition leader Anwar Ibrahim
Azrul, a member of opposition leader Anwar Ibrahim

This is what happen when some one ranked high like him gives a political comment anywhere in the world. It can bankrupt a nation. So, we cant blame Bank islam malaysia for doing what they ve done..

The FTSE Bursa Malaysia KLCI Index (FBMKLCI) sank 2.3 percent to 1,638.27 as of the 12:30 p.m. trading break in Kuala Lumpur. It was the worst performer among benchmark gauges in Asia today. The measure’s trading volumes were 97 percent above the 30-day average, according to data compiled by Bloomberg. Axiata Group Bhd. slid 6.5 percent, leading declines in the index.

Other news: Bank Islam Malaysia Bhd., the country’s oldest Shariah-compliant lender, said it suspended chief economist Azrul Azwar Ahmad Tajudin for allegedly breaching the bank’s internal policies.

Azrul, a member of opposition leader Anwar Ibrahim’s People’s Justice Party, predicted Prime Minister Najib Razak would narrowly lose Malaysia’s upcoming general election at a forum in Singapore last week, the Straits Times reported Jan. 11. In a separate article yesterday, the newspaper cited the economist as saying he was called in by the bank’s management on Jan. 14 to discuss his election prediction.

“The nature of the breaches would be established upon the completion of our investigations,” Bank Islam said in an e- mailed statement yesterday. “While we reiterate that Azrul’s political views and his comments should not be associated with the bank, we would like to stress that the suspension is not related to his voicing his personal political views.”