Asia-Pacific’s best Islamic bank for wealth management 2026: Maybank Islamic

Maybank Islamic has built one of the most comprehensive Islamic wealth management propositions in Asia, based on a clearly defined lifecycle approach that spans wealth creation, accumulation, preservation and distribution. This holistic framework is supported by a broad client coverage strategy, serving segments from mass and emerging affluent to high-net-worth (HNW) individuals that effectively leverages the scale and distribution reach of the wider Maybank Group.

The effectiveness of this model is demonstrated through strong and sustained business performance. In 2025, the bank recorded high double-digit growth in assets under management (AUM), alongside rising client volumes and fee income, reflecting continued inflows and deeper client engagement. This trajectory underscores Maybank Islamic’s ability to execute at scale and convert its strategic positioning into tangible results within a competitive regional market.

Maybank Islamic offers its clients a product suite rich in breadth and innovation, spanning investments, takaful, legacy planning and digital wealth solutions. On product innovation, Maybank Islamic has introduced a range of market-leading offerings during the past year, including its first Shariah-compliant private trust solution for legacy planning and a single-contribution investment-linked takaful product designed to combine protection with wealth accumulation. These solutions address increasingly sophisticated client needs, particularly around intergenerational wealth transfer and long-term financial planning.

We remain committed to strengthening the Islamic finance ecosystem and delivering long-term value through solutions that are ethical, inclusive and future-ready

Yasin Mohamad

Technology is a key enabler of its proposition. The introduction of MyWealth-i, an automated financial planning tool, enhances the advisory process by supporting structured, needs-based discussions and delivering a more consistent, Shariah-aligned client experience. Complementary digital enhancements, including integrated zakat solutions, such as Zakat on Demand, and online investment capabilities are further expanding access while reinforcing a fully holistic wealth journey for clients.

Beyond products and technology, Maybank Islamic has continued to strengthen its advisory model and client-engagement strategy. Initiatives such as Islamic Wealth Management (IWM) Connect and targeted client events deepen relationships and build trust, while partnerships and thought leadership activities support continued market relevance and visibility across key geographies.

Maybank Islamic’s platform is increasingly regional in scope. Through its global IWM initiatives and product rollouts in markets such as Singapore and Indonesia, Maybank Islamic is extending its reach beyond its domestic base, enabling clients – especially those higher up the wealth continuum – access to a broader, more connected wealth ecosystem across Asia.

Yasin Mohamad, Group CEO, Islamic Banking, and CEO, Maybank Islamic Berhad, says: “These recognitions reflect the strong momentum of Maybank Islamic’s M25+ strategy and the continued commitment to advancing purpose-driven and sustainable Islamic finance across the region. From expanding the halal ecosystem proposition to scaling sustainable finance solutions and introducing differentiated digital offerings, the focus remains on delivering greater accessibility, efficiency and meaningful value across retail, SME and wealth segments.

“Islamic wealth management has become an important growth driver for us, supported by strong execution, platform enhancements and innovative Shariah-compliant wealth and legacy solutions tailored to evolving client needs. The launches of MyWealth-i, Zakat@MAE, Dynamic Horizon and Private Trust-i, together with strengthened frontline capabilities and deeper regional client engagement, have contributed to strong growth in assets under management and customer engagement. These achievements reflect the dedication of the teams and the continued focus on delivering holistic, values-based wealth solutions to clients.

“As the largest Islamic bank in the world, outside of the GCC, we remain committed to strengthening the Islamic finance ecosystem and delivering long-term value through solutions that are ethical, inclusive and future-ready.”

Maybank Islamic has developed a well-integrated and forward-looking Islamic wealth platform that not only demonstrates leadership today but is also well positioned to shape the future of Islamic wealth management in Asia, the world’s fastest-growing and arguably most dynamic wealth market.