Bank Islam to Offer Shariah Banking Services to Qwork’s Freelancers
by Fintech News Malaysia October 16, 2023Bank Islam Malaysia has announced a strategic partnership with Qwork, a community-driven platform that connects businesses with freelancers.
Through this partnership, Bank Islam aims to tap into Qwork’s extensive pool of gig workers to provide them access to Shariah compliant banking products and services.
Bank Islam will also promote Qwork’s advertised jobs within its Be U By Bank Islam app. Users can tap the ‘Gig Marketplace’ feature within the app to find income opportunities provided by Qwork.
The bank also plans to introduce flexible financing options, digital payment solutions, and financial planning services in the Be U app.
Noor Farilla Abdullah
Noor Farilla Abdullah, Group Chief Digital Officer of Bank Islam said,
“We are delighted to collaborate with Qwork in our ongoing efforts to bolster the overall Be U app. Incorporating this use case into the app will empower users to handle their finances and earn their living.
With everything on a single platform, users can easily track and manage their finances and access tailored solutions that cater to freelancers. This partnership aligns perfectly with our commitment to serving the needs of the underserved communities and promoting equitable financial practices.”
Muna Munirah
Muna Munirah, CEO of Qwork said,
“We are thrilled to partner with Bank Islam to empower freelancers and provide them with access to Islamic banking products and services.
This collaboration aims to democratise benefits with the likes of working for an MNC for the gig workers, a.k.a freelancers on Qwork.”
