Bank Muamalat and Google Cloud Collaborates to Deliver Personalized Digital Islamic Banking Services

Bank Muamalat Malaysia Berhad (Bank Muamalat) has announced a multi-year collaboration with Google Cloud to accelerate its transformation into a leading digital Islamic bank. This collaboration aims to leverage Google Cloud’s integrated capabilities in modern infrastructure, data analytics, security, and generative AI (gen AI) to deliver personalized and inclusive digital banking services to Malaysians.

Bank Muamalat’s holistic cloud transformation also encompasses the adoption of solutions from Mambu, a Google Cloud industry solutions partner, and Backbase, underscoring its commitment toward delivering cutting-edge digital banking solutions aligned with Shariah principles.

“It’s our mission to bring digital banking’s full range of benefits to Malaysia’s Islamic banking market,” said Khairul Kamarudin, President and Chief Executive Officer, Bank Muamalat Malaysia Berhad. “By having our digital core systems and front-end running on Google Cloud, we anticipate streamlined IT operations and enhanced responsiveness, laying the foundation for innovation with enterprise-grade gen AI and ultimately delivering superior banking experiences.”

Islamic banking operates on principles of Shariah law, emphasizing ethical, moral, and social values in all transactions.