KAF-Carsome consortium’s KAF Digital Bank receives license...

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2025-01-15 13:03:41

KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations

The Islamic digital bank consortium led by KAF Investment Bank Berhad, together with Carsome, MoneyMatch, Jirnexu and StoreHub, announced that they have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) for its operating entity KAF Digital Berhad to commence operations as a digital bank, starting Dec 20, 2024. This approval is granted following a...

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