Well at least that’s good for GX Bank. Managed to link it to Grab today; hope other basic services like DuitNow Scan and Receive functions be implemented within these few weeks.

There should be a banner or a “add account” function next to your GrabPay wallet in the Financial tab. Tried doing it yesterday but didn’t appeared, looks like it was only enabled today.

Officially no date is set for release, some in this forum speculate it would be released after Dec 3; but I wouldn’t have my hopes too high

Yeah agreed, make sure that their savings account and app features is stable first. After that, they can allow DuitNow Scan and Receive features like the mainstream banks.

I’m so confused, so people are triggered that GX Bank is not Shariah compliant?

It’s a fact that GX Bank is regulated by the Financial Services Act 2013 and not its Islamic counterpart. Heck, it’s even stated on Bank Negara’s website.

https://www.bnm.gov.my/-/digital-bank-5-licences

If people are so concerned about GX Bank not being Shariah compliant, wait for Islamic digital banks owned by AEON and KAF; or go with the existing major banks’ Islamic banking division. If a financial institution Shariah compliance matters to the individual.

I mean it’s free market economics, demand and supply baby. If there is demand for Islamic banking, the banks will supply it. As long as our conventional banking is excellent and competitive I honestly don’t mind.

I think the concept of Islamic banking has existed for a while but only became mainstream quite recently. Regardless if you use conventional or Islamic banking; the banks would always have the last laugh.