Maybank Islamic launches MIGA-i, first online gold investment account

TheStar Mon, May 17, 2021 01:38pm - 2 years View Original


Maybank Islamic CEO, Dato’ Mohamed Rafique Merican (left) and Maybank Community Financial Services-Malaysia Head, Datuk Hamirullah Boorhan holding the minted gold bar and 1 kilogram cast gold bar during the launch of MIGA-i on May 17, 2021.

KUALA LUMPUR: Maybank Islamic Bhd’s first investment product -- Maybank Islamic Gold Account-i (MIGA-i), will allow customers to open account, buy and sell gold, and transfer gold, all conveniently online via Maybank’s online banking channel, Maybank2u.

Customers can start investing in gold and perform buy or sell transactions from as low as RM10 via the recently launched investment product.

This service allows customers to own the physical gold with 999.9 per cent purity as accredited by the London Bullion Market Association without the hassle of keeping the physical gold or worrying about its safe custody.

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