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MobilityOne Wins Conditional Nod for Islamic Digital Bank in Labuan

Story Highlights
  • MobilityOne gained conditional approval to set up MBO Bank, an Islamic digital bank in Labuan.
  • The group expects no 2026 earnings from the bank as it builds capital, governance and partnerships to tap long-term Islamic digital banking growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MobilityOne Wins Conditional Nod for Islamic Digital Bank in Labuan

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Mobilityone ( (GB:MBO) ) has shared an announcement.

MobilityOne has secured conditional approval from the Labuan Financial Services Authority for its Malaysian subsidiary to establish MBO Bank (Labuan) Limited, an Islamic digital bank in Labuan, expanding the Group’s fintech ecosystem beyond payment processing and e-money into full-scale Shariah-compliant digital banking. The bank is intended to offer a comprehensive suite of offshore digital financial services – including digital deposits, Islamic financing and cross-border corporate solutions – to international clients under Labuan’s Islamic digital banking framework, though the company does not expect any revenue contribution in 2026 while it focuses on meeting stringent capital, governance and operational conditions and engaging potential strategic partners and investors, positioning MobilityOne to tap into the growing global market for Islamic and digital banking over the longer term.

The most recent analyst rating on (GB:MBO) stock is a Sell with a £0.90 price target. To see the full list of analyst forecasts on Mobilityone stock, see the GB:MBO Stock Forecast page.

Spark’s Take on GB:MBO Stock

According to Spark, TipRanks’ AI Analyst, GB:MBO is a Underperform.

Mobilityone’s overall stock score is low due to significant financial challenges, including negative profitability and high leverage. Technical analysis indicates bearish momentum, and valuation metrics are unattractive. While corporate events show some positive strategic moves, they are insufficient to improve the overall outlook significantly.

To see Spark’s full report on GB:MBO stock, click here.

More about Mobilityone

MobilityOne Limited is a Malaysia-based e-commerce infrastructure payment solutions and platform provider, and one of the leading virtual distributors of mobile prepaid reload and bill payment services in the country. Through its subsidiary MobilityOne Sdn Bhd, the Group connects to banks, telecommunications firms, utilities, government agencies and transport operators, delivering wallet, internet and terminal-based payment services, white-label e-money, remittance, lending and custom fintech ecosystems via channels such as mobile wallets, e-commerce sites, EDC terminals, ATMs, kiosks and online banking, under multiple regulated licences.

Average Trading Volume: 328,328

Technical Sentiment Signal: Sell

Current Market Cap: £797.2K

For detailed information about MBO stock, go to TipRanks’ Stock Analysis page.

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