AEON Islamic Digital Bank In Malaysia

AEON Islamic Digital Bank In Malaysia

May 27, 2024 0 By Rowena Cletus

AEON Bank (M) Berhad officially launched Malaysia’s first Islamic digital bank on May 26, 2024. The public launch ceremony was held at AEON Hall in AEON Mall Shah Alam, with notable attendees including YBhg. Datuk Johan Mahmood Merican, Secretary General of Treasury, Ministry of Finance; YM Raja Teh Maimunah, CEO of AEON Bank (M) Berhad; Datuk Iskandar Sarudin, Independent Non-Executive Chairman & President of Yayason AEON Malaysia; Mr. Naoya Okada, Managing Director of AEON Co. (M) Berhad; Mr. Shunsuke Shirakawa, Chairman of AEON Financial Service Co., Ltd., Japan; Mr. Mitsugu Tamai, Director and Managing Executive Officer of AEON Financial Service Co., Ltd., Japan; Mr. Daisuke Maeda, Managing Director of AEON Credit Service (M) Berhad; Mr. Tomokatsu Yoshitoshi, Chairman and Independent Non-Executive Director of AEON Bank (M) Berhad; along with board members, dignitaries from financial institutions, regulatory bodies, core business partners, and key stakeholders.

Currently, AEON Bank provides digital personal banking services such as the Savings Account-i and customizable Savings Pots, along with budgeting tools. Users can access their virtual AEON Bank x Visa Debit Card-i upon account activation and request a physical Debit Card-i.

“We are honored by the trust placed in us to establish Malaysia’s first fully Islamic Digital Bank. This milestone comes after 40 years of AEON Group’s presence in Malaysia. Our mission is to offer all Malaysians secure, simplified, and inclusive Shariah-compliant digital banking solutions. We are grateful for the overwhelming response and will continue to expand our offerings, including services for small businesses,” said Raja Teh Maimunah, CEO of AEON Bank (M) Berhad.

To celebrate the public launch, AEON Bank offers a sign-up bonus of 3,000 AEON Points and triple AEON Points on transactions using the AEON Bank x Visa Debit Card-i, along with a profit rate of 3.88% per annum. Customers in the AEON Points Programme will have their membership linked to the AEON Bank (M) app, enabling additional benefits and rewards at AEON Group outlets and merchants. Collected AEON Points can be converted to cash and credited to the customer’s AEON Bank (M) account.

The launch campaign at AEON Mall Shah Alam’s Concourse Area runs from May 23 to June 2, 2024, aiming to engage over 10,000 AEON Members and consumers with performances, family-friendly activities, exclusive merchandise, and discounted F&B promos from participating brands. Following this, nationwide roadshows will be held in Kelantan, Kuala Lumpur, Johor, Penang, Negeri Sembilan, Perak, Melaka, and Sarawak from June to November 2024.

AEON Bank is dedicated to providing accessible financial services to all, including the underserved and unbanked, to help all Malaysians achieve their economic goals and foster a more inclusive financial future.

For more details, visit AEON Bank website