What does it take to launch a full digital bank in under a year and have it outperform 70 physical branches?
Bank Muamalat’s Atlas did exactly that. Built in just 9 months, it onboarded 61% new-to-bank customers in its first six months and delivers the same customer acquisition power as 70 physical branches from a single app.
Vincent Fong sits down with Hazrizal Hasan, Head of Digital Banking at Bank Muamalat Malaysia, and Chirag Amla, Principal Solutions Architect for APAC at Mambu, to unpack how they pulled it off and what comes next for Islamic banking.
In this episode:
- How Atlas was built in 9 months with Mambu’s cloud-native core
- Why 85% of Atlas users are under 45 — including non-Muslim customers
- Serving the underserved: gig workers, freelancers & the new economy
- The hyper-personalisation push shaping Islamic banking’s next 5 years
- Why Islamic finance is going through a revolution — and who’s leading it
Islamic banking makes up 46.6% of Malaysia’s banking sector. The modernisation race is on.
