KAF Digital Bank Receives Bank Negara Malaysia's Green Light for Public Onboarding
What is KAF Digital Bank?
KAF Digital Bank is an Islamic digital bank licensed by Bank Negara Malaysia (BNM). We are a licensed Islamic Bank under the Islamic Financial Services Act 2013 (IFSA). Our goal is to transform financial services with secure, Shariah-compliant, and customer-focused digital banking solutions. We aim to empower individuals and businesses through innovative, accessible, and transparent banking experiences, bridging financial gaps.
Is KAF Digital Bank officially open to the public?
Yes! Following the successful completion of our rigorous PERINTIS Phase, we have received regulatory approval from BNM to officially onboard members of the public. Our banking services will be available starting August 8, 2025.
How do I sign up for an account?
Starting August 8, 2025, you can download the KAF Digital Bank app from the Apple App Store or Google Play Store to open an account.
What kind of services does KAF Digital Bank offer?
We offer a comprehensive suite of financial products and services, including Shariah-compliant savings accounts, virtual debit cards, and payment services. Our platform is designed to be intuitive and user-friendly, meeting the evolving needs of modern consumers.
Are there any special promotions for new customers?
Yes, we're launching several exciting prize campaigns to celebrate this milestone. These include:
- "Daftar & Menang": A campaign offering new and existing customers the chance to win attractive prizes like new vehicles, travel packages, and gift vouchers.
- "Imbas & Kumpul": A loyalty program.
- "CelikWang": A campaign in partnership with POD that aims to boost financial literacy. Users are rewarded for completing financial education activities and making transactions.
What was the PERINTIS Phase?
The PERINTIS Phase was a crucial period where we rigorously tested our systems, security protocols, and user experience with a select group of participants. The feedback we gathered was instrumental in refining our offerings to ensure a seamless and secure banking journey for all future customers.
Who is backing KAF Digital Bank?
KAF Digital Bank is backed by KAF Investment Bank and a strong consortium of Malaysian industry leaders, including Carsome, MoneyMatch, Jirnexu, and StoreHub. This partnership is set to redefine digital trust, Islamic fintech innovation, and customer empowerment in Malaysia.
Where can I find more information?
For more information, you can visit our website at www.kafdigital.com.my and www.onzbanking.com
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