Affin Bank Group has issued statement clarifying on its association with Quantum Metal which was recently been flagged by Bank Negara.
The bank said its AFFIN Emas-i/AFFIN Emas Account-i is a Shariah compliant gold product of Affin Islamic Bank Berhad and that it provide this product in physical and account form to its customers only, where QMSB acts as an authorised gold distributor and provides gold for AFFIN.
It further clarified that it has no association to other products or investment schemes offered by Quantum Metal and that any assumptions by external parties in respect to similarities between AFFIN Emas-i/AFFIN Emas Account-i and other QMSB products are inaccurate
Customers are being encouraged to obtain the latest information about AFFIN by visiting the banks official website for more information on the matter.