February 12

AEON Bank Set to Become Malaysia’s First Islamic Digital Bank

AEON Bank is set to become Malaysia’s first Islamic digital bank after receiving approval from the nation’s regulatory bodies.

The subsidiary of AEON Credit Service and AEON Financial Service received approval from Bank Negara Malaysia and the Minister of Finance to initiate its operations in the Southeast Asian nation, according to The Paypers.

Photo courtesy of DANNY CHIAM.

Source: Fintech Global (link opens in a new window)

Finance, Technology
fintech, Islamic finance, lending