Maybank Islamic Gold Account-i (MIGA-i) Qorus Banking Innovation Awards 2022

Submitted by

Maybank Berhad

Premium
03/10/2022 Banking Innovation
MIGA-i is a Shariah-compliant physical gold backed account that provide hassle free, secure and convenient way for M2U customer to buy and invest in gold.
Innovation details
Country
Malaysia
Category
Offering Innovation
Keyword
Savings & Investments, Islamic Finance

Innovation presentation

Seamless account opening within 2 minutes for account creation and activation as compared to other competitors which requires customer to activate the account at their branch. i. Able to open account MIGA-i from 8.30a.m to 12.00 midnight, weekends and public holidays ii. Applicable to more than 15million Maybank/Maybank Islamic Current and Saving Account accountholders nationwide. iii. This would benefit more than 5million M2U users. iv. This supports the sustainability initiative of reducing carbon foot step if they open an account via M2U. This would reduce air pollution, electricity usage, face to face interaction, reduce fuel consumption via transportation to branch, support the paperless drive, reduce human error , reduce pre-printed form/leaflet/poster/document printing etc.

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