Malaysia’s MFMi Group selects Mambu to launch its new digital Islamic financial services in the cloud
Malaysia – July 6, 2020: MFMi Group, part of leading Malaysian fintech specialist MFM Synergy, has announced it has chosen Mambu’s pure SaaS cloud-native banking platform to underpin its new digital Islamic financial services. Starting with a digital Sharia Compliant Factoring product, ‘MFM Tawreeq’, the company is also building an Islamic digital wallet and has a strategic plan to launch a suite of complementary Islamic financial services products over the next five years.
“As a start, enabling a core banking system with Mambu will help us to deliver tailor-made solutions to our customers,” said Mr Kasful Khairi, the Group Executive Director and Founder of MFMi Group.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Press Release