15 Feb 2024
MAYBANK ISLAMIC AND TM FORGE PARTNERSHIP TO DELIVER FIRST ISLAMIC BANKING AS A SERVICE SOLUTION POWERED BY 5G
KUALA LUMPUR, 15 FEBRUARY 2024: Maybank Islamic Berhad and TM, the nation’s leaders in Islamic banking and telecommunications, have forged a partnership to deliver the country’s first Islamic Banking as a Service (BaaS) solution powered by 5G. Designed for consumers and micro, small and medium enterprises (MSMEs), this collaboration combines the best of Maybank Islamic’s diverse financial services and TM’s recognised Uni5G Postpaid Biz mobile packages, creating seamless access and experiences for today’s digital customers.
With local entrepreneurs and MSMEs to gain the most, Maybank Islamic and Unifi Business, TM’s digital business solutions arm, today launched their inaugural ‘Go Niaga’, a mobile business banking bundle to help businesses manage finances, improve incomes and offer digital payment options powered by secure 5G connectivity and networks. The bundle will address current market gaps among this segment, and enable businesses to better participate in e-Commerce and expand their customer reach.
Dato’ Mohamed Rafique Merican, Maybank Islamic’s CEO, said, “This partnership between Malaysia's largest telecommunications company and the country's leading Islamic banking institution opens up unique opportunities for us in delivering Islamic banking services to customers. This partnership is a significant step forward in financial inclusion. By embedding Maybank Islamic’s BaaS solutions within Unifi Business’ platforms, previously unbanked or underbanked individuals and businesses will gain access to Maybank’s essential financial services and 5G mobile connectivity through TM’s cutting-edge technologies.”
“While the technology originates from the BaaS concept, what makes it unique is its adherence to Islamic principles, making it the pioneering example of its kind in Malaysia. It combines modern technology with the ethical requirements of Islamic finance, providing innovative and faith-based financial services,” he said.
Shanti Jusnita Johari, Chief Commercial Officer for Consumer Strategy & Business at Unifi, said, “MSMEs are a key growth engine for the nation’s economy. At present, this segment accounts for nearly 38% of Malaysia’s GDP, yet their potential is often dimmed by limited access to digital tools and financial services. This is even more apparent among underserved segments, micro and small businesses who face the most challenges in accessing financial services and digital innovations that are necessary to elevate their lives and livelihoods.
“As a trusted partner to more than 400,000 MSMEs across the nation, we believe this partnership is a timely intervention to effectively address these challenges and help local businesses seize the opportunities of the digital economy. This partnership is the next milestone in our vision to become a digital powerhouse by 2030 and our mission to power a Digital Malaysia, improving businesses and communities through technology, and paving the way for a digitally inclusive nation,” Shanti shared.
Highlights of Maybank Islamic and Unifi Business’ Go Niaga offering
As the first bundle from Maybank Islamic and Unifi Business’ joint collaboration, the Go Niaga mobile business banking bundle aims to address the essential banking needs of local entrepreneurs and MSMEs.
To help local businesses streamline their operations, the Go Niaga bundle offers:
a) A lower minimum deposit of only RM 100 for customers to open an SME First Account-i – allowing them to clearly segregate their personal and business accounts that will help improve their long term credit rating.
b) Payment acceptance facilities through Maybank Islamic’s QRPay Biz, and Tap2Phone – enabling cloud POS via mobile devices to facilitate digital / card payments.
c) Credit Facilities including Maybank Islamic’s SME Digital Financing: Aspirasi Wanita Programme – providing more entrepreneurs access to funds that could help them stabilise and expand their business.
d) Uni5G Postpaid Biz 39, Uni5G Postpaid Biz 55 and Uni5G Postpaid Biz 89 mobile plans bundled with free 5G mobile devices – ensuring secure access to financial services anywhere, anytime and bringing 5G capabilities to more communities.
e) Cash rebates for Unifi Mobile bills when customers sign up and activate Maybank Tap2Phone merchant payment facility bundled with Uni5G Postpaid Biz packages.
This initial offering will be made available from 21 February until 29 May 2024. Customers are welcome to visit selected Unifi Stores on Tuesdays, selected Maybank branches on Wednesdays and selected Pusat Ekonomi Digital (PEDi) nationwide on event days, to find out how they can benefit from these offerings.
For more info, please visit maybank.my/goniaga or http://biz.unifi.com.my/goniaga
YOU MAY ALSO LIKE
TM Adopts 35 Schools Under Sekolah Angkat Malaysia MADANI, Strengthening Commitment to Nation Building
KUALA LUMPUR, 21 August 2025 – Telekom Malaysia Berhad (“TM” or “the Group”), through its foundation arm, Yayasan TM (YTM), has strengthened its commitment to nation building by adopting 35 schools under the Government’s Sekolah Angkat Malaysia MADANI initiative. Spanning across the country, particularly in remote and underserved areas, the initiative is driven by the Group’s greater purpose to empower future talents and build a more inclusive future through education and technology. At the heart of this initiative is TM Future Skills (TMFS) programme, designed to enhance digital skills among students from B40 or low-income families by integrating digital technologies into their learning experiences. Under the programme, selected “nucleus” schools will be allocated with a digital hub aiming to spark students’ interest in digital exploration and STEM subjects. These hubs are equipped with resources such as PocketLab, robotics kits, 3D printers, drones, tablets and digital learning content. The 2025 TMFS curriculum has been further enhanced to include artificial intelligence (AI) and coding, aligned with the demands of Industry 4.0 and Malaysia’s future digital talents aspirations. TM Group Chief Executive Officer, Amar Huzaimi Md Deris said, “These schools will not only serve their own students but will also extend support and knowledge-sharing to neighbouring satellite schools. This strategic approach enables us to scale the impact of our efforts and reach far beyond the adopted schools themselves, with an estimated 65,000 students nationwide set to benefit from this initiative. “Since we introduced the TMFS programme in 2023, we have established three “nucleus” schools and positively impacted over 10,000 students and 1,000 teachers. It is our way of ensuring that no one is left behind in Malaysia’s journey towards becoming a digital nation,” said Amar. Meanwhile, outstanding Form 4 and Form 5 students from these schools are also eligible for TM’s Young Leaders Scholarship, which serves as a platform to identify candidates for YTM’s Future Leaders Scholarship, offering full financial aid for tertiary studies. “We have always believed that education is the most powerful way to empower the future. By supporting Sekolah Angkat Malaysia MADANI as part of our nation building agenda, we are nurturing hope, unlocking potential, and investing in the next digital talents for the nation. This is how we balance success with greater purpose, and how we bring our aspiration of becoming a Digital Powerhouse by 2030 to life,” said Amar.
TM Wholesale and radian arc collaborate to expand cloud gaming offerings to the ASEAN market
Collaboration signifies TM’s commitment to expand cloud gaming in the ASEAN region, leveraging Radian Arc’s Graphics Processing Unit (GPU) Edge Point of Presence TM Wholesale, the domestic and international wholesale business arm of Telekom Malaysia Berhad (TM), today announced a partnership with cloud infrastructure provider Radian Arc to expand its cloud gaming offerings in Malaysia and other ASEAN countries. The collaboration will see both parties leveraging each other's strengths to provide users with high-quality content and cloud-gaming experiences. Through this partnership, both companies will collaborate to deploy a new point of presence (PoP) in Malaysia, utilising Radian Arc's proprietary GPU Edge technology. This PoP will enhance TM Wholesale's cloud-based gaming solutions as well as other real-time applications that use similar technology. The availability of this robust platform ensures that these central processing units (CPUs) can provide relevant applications at a lower cost to serve. Following the rollout of the cloud gaming platform, TM Wholesale and Radian Arc intend to make an array of cloud-based applications, such as Artificial Intelligence (AI), Blockchain, and the Internet of Things (IOT) accessible to users in order to accelerate digital transformation and adoption, which is pivotal to Malaysia's digital aspirations. Radian Arc is also partnering with cloud gaming platform Blacknut to bring their games catalogue to the region, reinforcing TM Wholesale's vision of providing better cloud gaming solutions. Through this partnership, TM Wholesale will be able to offer over 500 family-friendly premium games to service providers, with lower latency and faster start times for their customers. Commenting on the collaboration, Amar Huzaimi Md Deris, Executive Vice President of TM Wholesale said, "TM Wholesale has always been committed to promoting Malaysia's transition to an advanced digital economy, and given the meteoric rise of cloud gaming, we've shifted gears to put this into a higher drive. "Our collaboration with Radian Arc is among our efforts to fulfil the demands of the gaming industry, while exploring opportunities in other emerging technologies such as cloud and edge computing, and ensure customers enjoy high-quality digital experiences. "This is in line with our aspiration to position Malaysia as a regional digital hub and expand our reach via edge computing platforms to provide better user experience for next-generation applications and games," he added. "As we continue to expand access to cloud gaming around the world, we want to find partners who can elevate our service offerings to telcos and improve the gaming experiences we provide to players," said David Cook, CEO of Radian Arc. "The collaboration will also look into possibilities for future applications leveraging TM's extensive network coverage, allowing us and Blacknut to improve the quality of cloud gaming for customers in Malaysia and the surrounding regions." The collaboration with Radian Arc symbolizes a new era of gaming for TM, harnessing the benefits of GPU Edge technology to deliver high-quality digital experiences to end users.
TM’s All-In-One Digital Solutions With Geran Digital PMKS Madani To Accelerate MSME Digitalisation
Kuala Lumpur, 25 October 2023 - Unifi Business is set to accelerate local MSME digitalisation through Geran Digital PMKS Madani (GDPM). Recently reinforced in Budget 2024, the government aims to incentivise local MSME through the GDPM to embrace business digitalisation for business growth. Local MSME make up 97.4% of overall domestic businesses and provide employment to 47.8% of the population. However, a majority of them (about 77%) remain at the basic stage of digitalisation. Through this grant, MSME entrepreneurs will be able to subscribe to Unifi Business’ packages and solutions with 50% matching grant of up to RM5,000 per customer. This includes a wide range of services such as Unifi Business’ high-speed internet, Unifi Mobile Biz high-speed 4G and 5G mobile data, as well as Unifi Air Biz’s unlimited 5G data. Unifi Business will also offer solutions that are made to fit the digital needs of MSME such as: - Digital Marketing Solution – Digital marketing campaign professionally managed by a certified campaign manager enabling wider reach and stronger online brand presence Unifi eCommerce Hub – a single integrated platform to sync online and offline stores to manage product inventories, orders, monitor sales and revenue, as well as social media enquiries. Allow users to build interactive websites with live chat and built-in online payment features Kaspersky Small Office Security – protect important things that matter to businesses regardless of IT skill level, providing “Always On-Security for Always-On Businesses”. Mohamad Yusman Ammeran, Unifi’s Head of SME, said, “Beyond connectivity and business solutions, Unifi Business is committed to helping Malaysian MSME to strengthen their business and leadership capabilities. As the preferred digital partner to 400,000 MSME nationwide, TM supports their market visibility, growth and digital capabilities through our service and solutions with 600 Unifi Business Consultants nationwide, of whom, more than 100 are certified with the International Certification of Digital Literacy (ICDL).” One of Unifi Business’ customers who benefitted from digital transformation was Tineshwara Rao of Suria Pest Control, Penang, who said, “Our sales have doubled and expanded beyond the northern states through the services and solutions provided by Unifi Business, particularly its Digital Marketing Solution. We would like to thank Unifi Business for helping us grow into a more digitally enabled business.” Another happy customer, Athirah Abdul Rajak, owner of Mama’s Best Food from Sabah echoes, “Sales of my product increased by 50% by using Unifi’s Business’ eCommerce Hub. I am now supplying one shipping container of our product on a monthly basis to Johor. Unifi Business made this possible for me.” In addition to the grant, MSME customers will also be able to enjoy new lower prices offered via Unifi Business’ Fibre plans. This includes a limited time promo for 100Mbps broadband for RM99 per month, which is approximately 30% lower compared to the new price. To find out more about the Geran Digital PMKS Madani with Unifi Business, visit biz.unifi.com.my
NEWSLETTER
Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!