ATLAS By Bank Muamalat: Malaysia’s First Faith-Focused, Digital-Only Islamic Bank
KUALA LUMPUR, June 6 (Bernama) -- Bank Muamalat Malaysia Bhd has launched ATLAS by Bank Muamalat, Malaysia’s first Islamic digital-only bank, designed around faith and lifestyle alignment.
In a statement today, the bank said ATLAS is purpose-built to offer a seamless, Shariah-compliant banking experience, combining financial innovation with lifestyle features tailored for the faith-conscious and tech-savvy generation.
This launch represents a transformative leap in Bank Muamalat’s journey to redefine Islamic banking, positioning the bank as a pioneer in Malaysia’s rapidly expanding digital banking landscape.
"It also serves as a strategic milestone under the bank’s five-year RISE26+ Strategy, which aims to transform the financial landscape through innovation, operational resilience, and Shariah leadership.
"Designed from the ground up to cater to evolving consumer expectations, ATLAS blends digital convenience with spiritual enrichment, offering a truly holistic financial ecosystem for the modern Muslim," said Bank Muamalat.
It added that beyond basic financial transactions, the platform integrates real-time prayer times, daily goals, Islamic calendar, zikir counter, Qibla finder, and dedicated services for zakat and qurban, all thoughtfully designed to support customers in living a values-driven, faith-aligned lifestyle.
With a digital-first approach, ATLAS enables users to activate their accounts and begin transacting within minutes through instant onboarding. This feature will soon be enhanced with the introduction of the virtual ATLAS x Mastercard Debit Card-i, offering immediate access to secure, Shariah-compliant digital payments.
"As part of the upcoming launch campaign, ATLAS will also introduce an exclusive five per cent profit rate for early adopters, valid for the first three months — a limited-time offer designed to reward users who begin their journey early with high-yield, Shariah-compliant savings (terms and conditions apply)," it said.
ATLAS also features profit-generating savings solutions such as daily earnings accounts. Soon, users will be able to enjoy even greater control through flexible savings pouch tools and personalised financial planning features, designed to support purposeful money management aligned with spiritual values.
Its president and chief executive officer, Khairul Kamarudin, said ATLAS was built for people to deliver not just financial solutions, but meaningful digital experiences that align with customers’ values and daily needs.
"It represents the next evolution of Islamic banking: intuitive, inclusive, and deeply personal. It also plays a crucial role in expanding access to underserved and unbanked segments, especially among younger demographics, contributing to national financial inclusion and sustainable growth," he said.
ATLAS is now available on the App Store, with availability on the Google Play Store coming soon. With innovation at its core and values at its heart, ATLAS sets a new benchmark in Islamic digital banking.
For further information about ATLAS, visit: https://atlasmuamalat.com.my
-- BERNAMA