27/01/2025

BANKING & INSURANCE 12 MONDAY | JAN 27, 2025

Bank Islam powers solar PV project in Penang

Takaful Ikhlas unveils Go Serve for seamless online customer experience PETALING JAYA: Takaful Ikhlas recently launched GO Serve, an innovative integrated self-service customer portal designed to provide its customers with seamless and immediate access to view and manage their takaful certificates. Whether customers hold family takaful or general takaful certificates – or both – they can now access and manage all their takaful certificate needs with just a single identity via GO Serve. Available to customers of both Takaful Ikhlas Family Bhd and Takaful Ikhlas General Bhd (collectively known as Takaful Ikhlas), the GO Serve platform redefines convenience, integrating smart digital tools to deliver a more streamlined customer experience. “GO Serve marks a significant milestone in our digital transformation journey and sustainability goal. By embracing digital innovation, GO Serve enhances customer convenience while promoting eco-friendly practices,” said Datuk Rudy Rodzila Che Lamin, interim president and group CEO of MNRB Holdings Bhd and president and CEO of Takaful Ikhlas General. “Designed with our customers in mind, GO Serve offers 24/7 access and an intuitive experience, enabling users to manage their certificates anytime, anywhere. By consolidating essential functions into one user-friendly portal, we are enhancing the overall customer experience and fostering greater independence in managing their financial protection,”he added. GO Serve also enables customers to submit and track claims in real-time, offering complete transparency throughout the process. From submission to resolution, customers gain full visibility into their claim status, ensuring clarity and peace of mind at every step. Additionally, with GO Serve, customers can make payments directly on the platform, receive reminders, and stay on top of renewals to avoid missed deadlines or service interruptions. The platform also introduces the IVA Chatbot, Takaful Ikhlas’ new AI-powered virtual assistant. Students get insight into aviation industry – thanks to AmBank PETALING JAYA: AmBank Group took 100 students from SK Bukit Tampoi (Asli) and SJK (T) Dengkil on an educational trip to Malaysia Airlines Academy (MAB Academy) recently as part of its Back-to-School CSR Programme this year which combines the contribution of school supplies with an inspiring introduction to the aviation industry. Beyond equipping students with essential school supplies for the academic year, the programme aims to spark curiosity and ambition among the 100 students from the B40 community. The students enjoyed an exclusive educational visit to MAB Academy, where they had hands-on learning with aviation professionals while exploring career possibilities within the industry. Other activities that took place were a tour of a mock cabin set up and service, fire drill, exit, and safety briefing demonstrations. AmBank Group corporate communications and marketing head Shazman Shahid said: “This initiative embodies our dedication to uplift the youth by creating memorable experience and meaningful community engagement. We hope by giving them a glimpse into the exciting world of aviation, it encourages them to explore their interests and realise that opportunities are within their reach.”

signing ceremony, here recently. Bank Islam was represented by group chief business officer (institutional banking), Sharifah Sarah Syed Mohamed Tahir, while Solar Voltech was represented by chief operating officer Izwanaim Ismail. Mohd Muazzam said that as a leader in syariah-compliant sustainable financing, Bank Islam is determined to accelerate Malaysia’s green economy growth while creating lasting impacts on businesses, communities, and the environment. “With the financing support of RM105.2 million, it contributes to the overall green and sustainable financing portfolio of Bank Islam, which has reached RM5 billion as of 2024. “This brings the total approved financing for renewable energy sectors to 58.1% of the overall green financing as of 2024,” he added. Mohd Muazzam said that in line with this success, Bank Islam has set a higher target to increase its sustainable financing portfolio to RM28 billion by the end of 2025. Meanwhile, Izwanaim said the investment in the solar project would generate clean energy for the needs of hundreds of homes,

commercial buildings, and industries. He also mentioned that the project would not only reduce reliance on fossil fuels but also significantly reduce carbon emissions. “The long-term benefits include energy cost savings, improved air quality, and the creation of job opportunities in the green technology sector. More importantly, it helps Malaysia achieve its carbon-neutral target by 2050, in line with global climate change commitments,” Izwanaim said. Mohd Muazzam stated that the collaboration demonstrates the company’s efforts to advance Malaysia’s renewable energy agenda while addressing the urgent challenges of climate change. With this agreement, he said, they are confident in realising their shared vision of building a greener and more sustainable future, in line with the country’s aspirations to achieve carbon neutrality by 2050. The solar project to be implemented by Solar Voltech will include various clean technologies, including solar photovoltaic (PV), building integrated PV, electric vehicle charging, and energy audits. – Bernama

GEORGE TOWN: Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, for a solar generation project. Bank Islam CEO Datuk Mohd Muazzam Mohamed said the financing is in line with the National Energy Transition Roadmap, reflecting Bank Islam’s collective effort to be a catalyst for Malaysia’s goal of achieving net zero carbon emissions by 2050. “The collaboration between Bank Islam and Solar Voltech to empower green technology began in 2024, involving a total financing of RM105.2 million. Bank Islam is committed to continuing efforts to drive green sustainability through innovative financing solutions,” he said during his speech at the o Financing support worth RM105.2 million for Solar Voltech development

Sharifah Sarah (second, right) and Izwanaim exchanging documents at the agreement signing ceremony between Bank Islam and Solar Voltech. Flanking them are Mohd Muazzam (right) and Penang Development Corp senior deputy CEO and Solar Voltech director Datuk Mohammad Azhar Hamdan. – BERNAMAPIC

YTL-Sea’s digital bank gets MoF nod to start operations PETALING JAYA: The Ministry of Finance has approved the issuance of a digital banking licence to YTL Digital Bank Bhd, a joint venture between YTL Digital Capital Sdn Bhd and Sea Ltd. powered platform that simplifies the customer experience – from fast, seamless onboarding to daily transactions – while delivering personalised and collaborative banking through advanced customer behaviour insights. security and transparency at its core. Customers benefit from advanced encryption, multilayer security, biometric face-matching verification, real-time fraud monitoring, and Perbadanan Insurans Deposit Malaysia protection up to RM250,000 for each depositor.

Ryt Bank is driven by Ryt AI, a personalised, AI-powered private banker designed to simplify banking services, deliver tailored financial insights, and manage advanced savings strategies. Ryt AI ensures that the unique needs of every customer are met quickly, efficiently and seamlessly. It is supported by 24/7 assistance to provide an unparalleled banking experience. Ryt AI’s advanced fund transfer feature can initiate and complete fund transfers effortlessly using a single text input. This streamlined approach saves time and ensures accessibility for a diverse range of users, supporting multiple languages to meet their needs. In addition to innovation, Ryt Bank places

The next-generation digital lender, operating as Ryt Bank, has received approval to commence operations from Dec 20, 2024. The bank will be launched in phases to the public. Welcoming the approval from the regulators, Ryt Bank CEO Melvin Ooi said, “Ryt Bank, backed by the formidable strengths of YTL Digital Capital Sdn Bhd and Sea Limited, is set to redefine banking in Malaysia. By harnessing the power of artificial intelligence (AI) to provide an unequalled customer experience, we will deliver financial services that are meaningful and inclusive while helping customers achieve their financial goals.” He said that by empowering exceptional local talent, they have built a next-generation AI

By democratising banking and making it more accessible, Ryt Bank serves the country’s ambitions to fully meet the banking needs of the population, about 15% of which remain underserved and underbanked. With 70 years of nation-building, YTL has a proven reputation for building the right thing at the right time. Sea, a leading global consumer internet company, leverages technology to improve the lives of consumers and small businesses. Their three core businesses, Garena, Shopee and SeaMoney, lead in digital entertainment, e-commerce, and digital payments/ financial services, respectively.

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