Maybank iCMS - The 1st Islamic Cash Management Bank in Malaysia
Maybank has yet again set another industry milestone by being the 1st Islamic Cash Management Bank in Malaysia. With this, Maybank delivers an innovative solution in extending its suite of services for the convenience of Islamic Banking customers.
Cash Management System (iCMS) leverages on its Internet portal for business, Maybank2e.net - an online financial portal designed specifically for companies and corporations to perform business banking transactions, transforming customers’ online banking experience by providing an integrated web-enabled cash management solution to accommodate their business transaction needs.
Anticipating the ever-increasing market needs for a Shariah-compliant cash management tool, Maybank has taken a bold step forward in fulfilling business clients’ aspirations in their cash management space by extending its feature-rich product functionalities to this segment.
The Maybank Islamic Cash Management System (iCMS) is focused on providing customers with better control of their cash management activities, optimizing new technology and enhancing customer convenience while leveraging on Shariah principles.
Realising that cash is no longer a vehicle to park excess liquidity but an integral component of tactical asset allocation for most fund managers, iCMS offers tailor-made and varied combinations of modules under its banner, with both conventional and Shariah-compliant options.
iCMS is highly incorporated with Maybank’s suite of Shariah-compliant products and services, including loans, collections and zakat, ensuring total integration of Shariah-compliant banking services for Islamic Banking customers.
With the Shariah Council’s endorsement, Maybank has been entrusted to provide customers with authentic cash management solution flexibility, accommodating the many levels of customers’ needs, and adhering to the code of Perbankan Islam.