Maybank Islamic Launches Comprehensive Islamic Wealth Management Solution

On the 21st of July 2021, Maybank Islamic announced the launch of its comprehensive Islamic wealth management (IWM) solution that covers wealth creation, accumulation, protection, purification and distribution.

Why it Matters?

The solution will provide a single touchpoint for Maybank Islamic to meet its customers’ wealth management needs as they go through life. Further, over the past few years, high net worth, affluent and emerging affluent customer segments within Maybank Islamic have seen average growth at 16% and 18% year-on-year, respectively, with these segments now accounting for 45% of customers and total financial assets, within the overall Maybank Group. With Islamic assets under management (AUM) for these segments of customers at MYR...