Maybank Islamic launches online gold investment account with option to own physical gold

Maybank Islamic Bhd, a subsidiary of Malayan Banking Bhd (Maybank), launched its first investment product — Maybank Islamic Gold Account-i (MIGA-i) — which allows customers to open an account, buy and sell gold, and transfer gold, via Maybank's online banking channel, Maybank2u.

In a statement today, the group said the service also allows customers to own the physical gold with 999.9% purity as accredited by the London Bullion Market Association. 

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