Cashku has partnered with Muamalat Invest Sdn Bhd, the licensed Islamic fund management arm of Bank Muamalat Malaysia Berhad, to expand its range of Shariah-compliant investment options. The partnership gives eligible investors access to funds covering multiple asset classes through a single digital platform, with no sales charges.
For the uninitiated, Cashku is a digital wealth platform operated by Advisonomics Sdn Bhd, available for both iOS and Android devices. It offers digital financial planning, unit trust and Private Retirement Scheme (PRS) distribution, as well as digital investment management and fund management services. Muamalat Invest, meanwhile, is a wholly-owned subsidiary of Bank Muamalat Malaysia Berhad that manages Islamic investment funds for retail and institutional investors.
