KAF Digital Bank Gets BNM and MOF Approval to Operate in Malaysia

Quick Summary:

KAF Digital Bank has finally been granted approval to operate as a digital bank in Malaysia.

The Islamic digital bank consortium is led by KAF Investment Bank alongside Carsome, MoneyMatch, Jirnexu, and StoreHub as its partners.

The approval, granted by Bank Negara Malaysia and the Ministry of Finance, allowed KAF Digital Bank to begin operations [...]

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Article Details

Category: StartupsBusinessTechnology

Markets: Malaysia

Topics: KAF Digital Bank MoneyMatch Jirnexu KAF Investment Bank Digital Banking Storehub Carsome

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 05:51:16 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 213 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 25114297

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About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

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