Maybank GWM financial assets hit RM565bil on Islamic wealth strong momentum

From left: Maybank Islamic Bhd group CEO Mohamad Yasin Abdullah, Maybank group chief executive officer, community financial services Syed Ahmad Taufik Albar, Maybank Asset Management Sdn Bhd CEO Hisham Hamzah, Maybank Group and Maybank Asset Management Group member of the board of directors Shirley Goh, British High Commissioner to Malaysia Ajay Sharma and Schroders head of client group Asia Gopi Mirchandani at the launch of MAMG Growth and Income-I Fund.

KUALA LUMPUR: Maybank Group Wealth Management’s (GWM) total financial assets exceeded RM565 billion as of September 2025, underpinned by strong momentum in Islamic wealth management.

Maybank Community Financial Services group chief executive officer (CEO) Syed Ahmad Taufik Albar said total wealth fees rose 23.5 per cent year-on-year, driven by a 32.8 per cent expansion in investment assets under management in Islamic Wealth Management.