I've actually heard stories that one of the Big 4 actually separate their CV's into Local and Foreign Uni's and they only consider those from Foreign Universities. Not sure how true is that though

If yr from local uni yr chances are already slim. If your from islamic uni yr chances are close to nil. Talking about private sector. Thier quality is rubbish esp uitm.  Good for nothings. End up all either in gov or become ulamas. If not become mat rempits. Should shut down uitm

Yes. Like it or not reputations counts a whole lot. That is why unis are striving to get top ranking by improving quality of teaching and hence have better grads. Except the local msian unis who care more about race than quality affecting their grads. If you compare a NUS grad and a local grad, the std are so huge apart. That is why NUS is one of the top uni while local msian unis are not.