effendy shahul hamid

Touch ‘n Go Group and Principal Asset Management Introduce Shariah-Compliant E-Cash Fund in Malaysia

August 19, 2021 @ 7:25 pm By Omar Faridi |

Touch ‘n Go Group (TNG) and Principal Asset Management revealed on August 18, 2021 that they’re introducing the Principal e-Cash Fund, which is the underlying fund for Touch ‘n Go’s GO+. This product is now Shariah-compliant, the update confirmed. TNG’s management noted that this makes… Read More

Read more in: Asia, Fintech, General News | Tagged digital wallets, effendy shahul hamid, malaysia, munirah khairuddin, online wallet, principal asset management, principal e-cash fund, sharia'h compliant, southeast asia, tng, tng digital, touch 'n go group

AIA Malaysia to Acquire Minority Stake in TNG Digital, Owner of Touch n’ Go Digital Wallet

July 26, 2021 @ 10:54 pm By Omar Faridi |

AIA Malaysia reveals that it will be acquiring a minority stake in TNG Digital, which is the owner of Touch ‘n Go digital wallet. This deal will reportedly be a key part of a long-term strategic partnership. The Edge reported that this transaction should make… Read More

Read more in: Asia, Fintech | Tagged aia malaysia, ben ng, digital transformation, digital wallets, e-wallets, effendy shahul hamid, malaysia, online wallets, payments, southeast asia, tng digital

TNG Digital in Malaysia Is Reportedly one of the First Digital Wallet Providers to be Approved as a Recognized Market Operator

January 13, 2021 @ 9:43 pm By Omar Faridi |

Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD) is reportedly one of the first digital wallet providers to be given conditional approval to serve as a Recognized Market Operator (RMO) by the Securities Commission of Malaysia (SC). TNG’s management noted that they’re… Read More

Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged digital wallets, effendy shahul hamid, international organization of securities commissions, malaysia, tng group