{"id":50394,"date":"2025-06-05T03:00:00","date_gmt":"2025-06-05T03:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/06\/05\/bank-muamalat-launches-atlas-malaysias-first-faith-lifestyle-aligned-islamic-digital-only-bank\/"},"modified":"2025-06-05T03:00:00","modified_gmt":"2025-06-05T03:00:00","slug":"bank-muamalat-launches-atlas-malaysias-first-faith-lifestyle-aligned-islamic-digital-only-bank","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/06\/05\/bank-muamalat-launches-atlas-malaysias-first-faith-lifestyle-aligned-islamic-digital-only-bank\/","title":{"rendered":"Bank Muamalat launches ATLAS, Malaysia\u2019s first faith &#038; lifestyle-aligned Islamic digital-only bank"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        KUALA LUMPUR, MALAYSIA &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 5 June 2025 &#8211;<b> <\/b>Backbase, the global leader in AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia\u2019s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative leap in Bank Muamalat\u2019s journey to redefine Islamic banking, positioning it as a pioneer in Malaysia\u2019s rapidly expanding digital banking landscape. By harnessing Backbase\u2019s<br \/>\n<a href=\"https:\/\/www.backbase.com\/press\/backbase-launches-world-first-ai-powered-banking-platform\" rel=\"sponsored\">AI-powered Banking Platform<\/a>, ATLAS delivers a faith-aligned digital experience with seamless onboarding, DuitNow integration, Shariah-compliant financing, and personalized servicing \u2014 setting a new benchmark for Islamic financial services in the region.<\/p>\n<p><i>\u201cATLAS is more than a digital bank. It is a bold reimagination of Islamic finance for the modern era, built around the values, lifestyles, and aspirations of our customers,\u201d <\/i>said<br \/>\n<b>Khairul Kamarudin<\/b>,<br \/>\n<b>President &amp; Chief Executive Officer of Bank Muamalat<\/b><i>. \u201cIt reflects our commitment to leading the next era of Islamic banking that is digital, inclusive, and purpose-driven. Our collaboration with Backbase has played a key role in enabling us to deliver an experience that is seamless, secure, and rooted in faith \u2014 one that redefines how banking is lived in today\u2019s digital world.\u201d<\/i>\n<\/p>\n<p><b> A faith-driven approach to digital transformation<\/b><br \/>\n<br \/>ATLAS is designed to meet the growing demand for digital financial solutions that align with customers\u2019 faith and lifestyles. Since its pilot phase, the platform has already demonstrated strong early results \u2014 enabling faster rollout of new products and improving customer acquisition efficiency through a more streamlined onboarding experience.\n<\/p>\n<p>In the coming months, ATLAS will expand its product offerings to include digital debit and credit cards, flexible personal financing, and a Shariah-compliant gold investment account. These new products will be seamlessly integrated into the existing platform and will further strengthen ATLAS\u2019s position in the Islamic digital banking landscape.\n<\/p>\n<p>To enhance customer loyalty, ATLAS introduces a unique rewards program that connects users to exclusive lifestyle offers through curated partners, including well-known brands and services across diverse industries.\n<\/p>\n<p><b>A partnership for banking growth in Asia<\/b><br \/>\n<br \/>Prior to launching ATLAS, Bank Muamalat faced the common industry challenge of fragmented legacy infrastructure. The Backbase AI-powered Banking Platform provided a unified and modular foundation, enabling Bank Muamalat to accelerate its digital roadmap with agility and control.\n<\/p>\n<p><i>\u201cWe\u2019re proud to support Bank Muamalat\u2019s bold vision with our <\/i><i>AI-powered Banking Platform<\/i><i>,\u201d <\/i>said<br \/>\n<b>Riddhi Dutta, Regional Vice President for Asia at Backbase<\/b>.<i> \u201cATLAS is a shining example of how composable banking architecture can deliver tailored, lifestyle-aligned experiences while scaling innovation rapidly across markets. It also reinforces our growing presence in the Islamic banking sector,<\/i><i> <\/i><i>and exemplifies how Backbase serves as a strategic growth platform for banks seeking to modernize and expand their digital footprint.<\/i><i>\u201d<\/i>\n<\/p>\n<p>Backbase supports over 150 banks worldwide, including Islamic institutions like Libyan Islamic Bank, ila Bank, Bank Al Bilad, and Saudi National Bank \u2014 as well as Asia-Pacific leaders such as BDO Unibank (Philippines), HDFC Bank (India), Techcombank (Vietnam) and MyState Bank (Australia).\n<\/p>\n<p><b>Hashtag: <\/b>#Backbase #digitalbanking #AIPoweredBanking #ArtificialIntelligence #retailbanking #omnichannelbanking #businessbanking #smebanking #corporatebanking<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/386696\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/malaysia\/2025\/06\/05\/386696\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, MALAYSIA &#8211; Media OutReach Newswire &#8211; 5 June 2025 &#8211; Backbase, the global leader in AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia\u2019s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative leap in Bank Muamalat\u2019s journey to redefine &hellip;<\/p>\n","protected":false},"author":1,"featured_media":50395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/50394"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=50394"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/50394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/50395"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=50394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=50394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=50394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}