Maybank Singapore has launched a new dedicated Islamic banking hub at GeylangSerai in Singapore, with a team specialised in Syariah-compliant products.

The Syariah-compliant products offered through the Islamic banking hub include online savings account, iSAVvy Savings account-i, ATM access and a special dividend-on-dividend feature.

Other products include Syariah-compliant two-in-one checking and savings account known as PremierOne Account-i and Maybank Islamic Term Financing, an Islamic financing package for SMEs.

Maybank president and CEO Dato’ Sri Abdul Wahid Omar said that the dedicated Maybank@GeylangSerai will bring the Islamic finance closer to where the majority of the Malay businesses and community resides.

“Maybank@Geylang Serai caters to both our Muslim and non-Muslim customers, with the latter forming the majority of our customer base. We hope that, with the wide range of products for both conventional and Islamic banking, combined with enhanced service delivery, this branch will be able to provide end-to-end financial solutions for both retail and business customers,” Omar said.