DIGITAL BANK

What does a “full-fledged digital bank” mean?

• A bank that only operates at night

• A bank without physical branches, all services are digital

• A bank that only deals with cryptocurrency

• A bank for international transactions only

In which year was AEON Bank launched?

• 2021

• 2022

• 2023

• 2024

Which of the following is NOT an advantage of a digital bank?

• 24/7 access

• Paperless process

• No need to visit branches

• Monthly manual form submissions

How many licensed digital banks in Malaysia?

• 2

• 3

• 4

• 5

What is the main security feature used by digital banks to protect users?

• Multi-factor authentication

• Basic password only

• Manual signature

• Single security question

What is digital bank’s main eco-friendly advantage?

• Reducing paper usage

• Not using electricity

• Planting a tree for each new account

• Completely eliminating cash

What is a key benefit of digital banking for customers in rural areas?

• They need to travel far to the city

• Access banking services without visiting physical branches

• No access to any services

• Must visit a post office

Why are Islamic digital banks beneficial for non-Muslims as well?

• They only serve non-Muslims

• Ethical, transparent, and interest-free products

• Cheaper currency exchange

• Free ATM withdrawals

Which authority in Malaysia ensures Islamic banks are Shariah-compliant?

• Bank Negara Malaysia

• Ministry of Finance

• Securities Commission only

• AEON Mall

Which of the following is an example of a Shariah-compliant digital transaction?

• Interest-based loan for quick profit

• Murabahah financing through an online platform

• Online gambling app

• Stock trading in prohibited industries