RHB Islamic Targets RM6 Billion In Islamic Wealth Management By 2026

RHB Islamic Bank Berhad aims to achieve RM6 billion in Islamic Wealth Management by the end of 2026 driven by its RHB Multi Currency Visa Debit Card/i, Islamic unit trust products, and estate planning and trustee propositions.

“Islamic Wealth Management is about investing with integrity – through transactions that avoid riba or interest, in businesses that do not harm individuals, communities or the environment, and by giving back to society to empower and advance the less fortunate. Essentially, Islamic Wealth Management is a gateway to a sustainable financial future rooted in integrity, ethics, and the betterment of our society’ explained Dato’ Adissadikin Ali, Managing Director and Chief Executive Officer of RHB Islamic.

The Bank also launched its new Islamic Wealth Management portal, a one-stop digital platform that provides customers convenient access to one of the most extensive array of Islamic Wealth Management solutions and advisory services available online in Malaysia.

With the launch of its Islamic Wealth Management portal, the group plans to bring to market more Shariah-compliant products in the next three years and is confident that it will be able to achieve an additional RM3 billion in Islamic Wealth Management by 2026.

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