KAF Digital Bank Goes Live on Temenos SaaS to Elevate Islamic Digital Banking in Malaysia

Temenos (SIX: TEMN), a global leader in banking technology, today announced that KAF Digital Bank has gone live with Temenos SaaS to power its new Islamic digital bank in Malaysia.

KAF Digital Bank has begun onboarding early access customers, marking a significant step in its mission to redefine Islamic digital banking. This early success paves the way for a full public launch in the near future.

With Temenos SaaS, KAF Digital Bank is set to deliver innovative Shariah-compliant financial solutions that simplify financial management and enhance digital convenience with a cutting-edge, user-centric banking experience.

The go-live on Temenos SaaS includes comprehensive Core and Digital banking services together with Payments, Analytics, and Temenos Data Hub on Microsoft Azure cloud infrastructure.

Adopting a SaaS model empowers KAF Digital Bank to focus on delivering exceptional customer experiences and driving business growth, not managing the technology.

Islamic banking is a major and rapidly growing segment of Malaysia’s financial sector, driven by increasing demand for Shariah-compliant financial services.

Rafiza Ghazali, CEO, KAF Digital Bank, commented: “Powered by Temenos SaaS, KAF Digital Bank is redefining Shariah-compliant banking with smarter, simpler financial solutions and a seamless, customer-first digital experience. The successful go-live and early access customer launch marks a key milestone in our journey, enabling Malaysians to take control of their financial futures with greater confidence.”

Will Dale, Managing Director – APAC, Temenos, said: “This go-live not only strengthens Temenos’ regional footprint in SaaS, but also shows the unique breadth of functionality and advanced technology we deliver. With proven capabilities tailored to the Malaysian market and Islamic banking, Temenos SaaS empowers KAF Digital Bank to achieve faster time to market, greater efficiency, and drive future growth. We are proud to partner with KAF Digital Bank.”