AEON Bank
Malaysia's first Islamic digital bank.
- Who holds it
- The company itself — it holds a full banking licence — Islamic digital bank license (BNM).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from AEON Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · faith-based |
| HQ | Kuala Lumpur, MY |
| Founded | 2023 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Islamic digital bank license (BNM) |
| Card | Visa · Debit |
| Cashback | AEON points |
| Yield | Islamic savers |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about AEON Bank
What is AEON Bank?
AEON Bank is a fiat neobank built for faith-based, headquartered in Kuala Lumpur, MY and founded in 2023. Your money is held custodially, so AEON Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Islamic digital bank license (BNM)).
Does AEON Bank have a card, and where can you use it?
It issues a Visa debit card. It is available in Asia.
Does AEON Bank require KYC?
Yes. AEON Bank requires identity verification (KYC) to open an account, as a licensed bank.
What does AEON Bank cost?
From the verified fields: cashback AEON points; yield Islamic savers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with AEON Bank before relying on them.
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
AEON Bank appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Faith-based and Islamic neobanks (7) · Neobanks that issue a Visa card (182)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.