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Maybank Islamic seeks to grow Islamic Wealth Management client base to 100,000 in two years

3 May 2023 | Wednesday Source: The Edge Markets

KUALA LUMPUR (May 2): Maybank Islamic Bhd, which managed assets under management (AUM) of about RM65.2 billion for 60,000 clients under its Islamic Wealth Management (IWM) division as at February this year, aims to expand the client base to 100,000 in two years.

IWM and business development head Ahmad Shareza Abdul Rahman said clients managed by IWM are categorised as privilege customers (those with assets worth RM50,000 and above) and premier customers (with assets worth RM250,000 and above).

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