Xanderia Services Sdn. Bhd. Awarded Malaysia Digital Status by MDEC

Xanderia Services Sdn. Bhd. Awarded Malaysia Digital Status by MDEC

Kuala Lumpur, 31 May 2024– Xanderia Services Sdn Bhd, a Shariah-compliant financial technology company, has been recognised as a Malaysia Digital Status company by the Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead agency in driving the digital economy. Xanderia Services Sdn Bhd (Xanderia) is a financial technology company that provides Shariah-compliant financial assistance to its clients. Xanderia is on a mission to make Shariah financing available to all in an effortless, sustainable, timely and secure way through innovative platforms and technologies.

Malaysia Digital Status is a recognition and support programme by MDEC for Malaysian companies that have successfully adopted digital technologies and contributed to the digital economy. The programme aims to showcase and celebrate the achievements of these companies, as well as to provide them with access to various benefits, such as networking opportunities, market access, funding facilitation, talent development, and digital adoption support.

Malaysia Digital Status is part of MDEC’s vision to create a digitally-driven, highincome nation that is inclusive and sustainable. By recognising and supporting the digital achievements of Malaysian companies, MDEC hopes to inspire and encourage more companies to embrace digital transformation and innovation, and to create more value-added products and services for the domestic and global markets. This will in turn enhance Malaysia’s competitiveness, productivity, and growth in the digital economy, as well as create more jobs, income, and opportunities for the people.

“Our Malaysia Digital Status is not just a title; it’s a gateway to unparalleled opportunities. This recognition positions us as a digital pioneer in Malaysia, inspiring others to follow our lead. Our partnership with MDEC opens doors to a global network of collaborators, potential investors, and mentors. Moreover, this status empowers us to nurture our talent through advanced training and access to a rich talent pool, while also enhancing our digital capabilities with expert consultancy and cuttingedge tools” said Razi Pahlavi, Chairman of Xanderia Services Sdn. Bhd.

“Truly, this is a transformative moment for Xanderia, setting us on a path to redefine the digital landscape” he added in his speech during in a delightful Xanderaya hightea event on May 31st, 2024, where they showered their esteemed customers with array of prizes. The event, held as a token of appreciation for their valued patrons, featured a lucky draw for its clients.

Xanderia Services Sdn Bhd is a trend setter in the Islamic finance technology sector, which is a niche and growing segment of the digital economy. Xanderia’s journey has been nothing short of remarkable. From its inception during the challenging times of the Covid-19 pandemic in 2020 to its expansion into Indonesia in 2024, Xanderia has continually strived to revolutionize the financial landscape.

“Our mission is to make Shariah-compliant financing accessible to all, coupled with our vision to be the preferred digital service provider across Southeast Asia, sets us apart in the industry”, Razi Pahlavi.

“By providing Shariah-compliant financial solutions that are accessible, affordable, and convenient, Xanderia is not only catering to the needs and preferences of its clients, but also promoting the values and principles of Islamic finance” he added.

Xanderia contributes to the development and diversification of the Islamic finance industry, which is one of the key pillars of Malaysia’s financial sector and a strategic asset for the country.

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