KUALA LUMPUR, July 24 (Bernama) — Bank Muamalat Malaysia Berhad (Bank Muamalat) has unveiled its new corporate internet & mobile banking platform (iBiz Muamalat), a strategic move that aligns with Malaysia’s national agenda for digitalization and digitization in the Islamic financial market. This outlines the platform’s significance and its alignment with broader industry trends.
The launch of iBiz Muamalat is in line with the Financial Sector Blueprint 2022–2026 and the MyDIGITAL initiatives, which emphasize digital transformation to enhance financial inclusion and innovation. Bank Muamalat’s Shariah-compliant digital cash management solution supports this vision by integrating real-time high volume DuitNow transfers, biometric authentication, and mobile-based financial oversight.