Feb 17 2024, 12:35 PM, updated 5 months ago
About AEON Bank (M) Berhad
AEON Bank is one of the five digital banking license holders awarded by the Ministry of Finance and Bank Negara Malaysia that operates under joint ownership by AEON Financial Service, Ltd. (AFS) and AEON Credit Service (M) Berhad (AEON Credit), both subsidiaries of Japan's largest retail group, AEON Group which showcases a robust track record of growth. AEON Group Malaysia, part of AEON Group, has been a household brand for 40 years, providing consumers with daily financial and retail access.
We are Shariah-Compliant
AEON Bank (M) Berhad has taken the necessary steps to comply with the regulations and guidelines for setting up a licensed Islamic financial institution. The Bank is committed to provide products and services that are in line with Shariah requirements.
We have put together a dedicated Shariah team overseeing Shariah advisory, research and secretariat, alongside with Shariah control function teams that govern Shariah Risk Management, Shariah Review & Compliance and Shariah Audit. These teams will be overseeing the overall Shariah compliance and provide the check & balance including the review of all of our products and services. We implement these measures to ensure all aspects of the business, operations, branding, marketing, legal documentation, product structure and features are Shariah-compliant.
AEON Bank is also proud to have Shariah consultants with expertise in Usul Fiqh, fintech, and Islamic Finance. We strongly believe the commitment of our Shariah consultants will provide the Bank with valuable insights and guidance as we continue to grow our products and services to a global landscape.
This post has been edited by nexona88: Mar 7 2024, 06:54 PM
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