Latest news with #Zetrix
The Sun
4 hours ago
- Business
- The Sun
Zetrix AI to promote use of NurAI to global Muslim population
KUALA LUMPUR: Zetrix AI Bhd, formerly known as MY EG Services Bhd, is eyeing a global Muslim population of two billion with NurAI, the world's first syariah-aligned large language model (LLM). Co-founder and head of AI development Datuk Fadzli Shah said the initial rollout will cover Malaysia, Indonesia and Brunei, a combined market of 340 million people with majority following the Shafi'i school of thought, before expanding to other madhhab. 'Yes, we have active plans for those and we have partnerships in place to be able to address those markets,' he told reporters at the launch of NurAI today. He described the 'One Madhhab at a Time' strategy as a deliberate and scalable approach. 'As we fine-tune this for a specific madhhab, it will help inform us on how to handle the model when we cross to serve the second, third and ultimately the fourth madhhab.' Developed with China's DeepSeek, Fadzli said there is little to no risk of state intervention from either Asean or China. 'From a governance perspective, although we are grateful that this initiative originated from the Asean-China AI Lab, there is no influence from any government,' he said. He said that NurAI remains an independent project focused on its purpose as a syariah-aligned and syariah-based LLM. 'Having said that, we welcome partnerships with all states to further not only their local Muslim communities but also others who can benefit from the worldview of a syariah-aligned LLM.' Built on Islamic principles and reflecting the Global South worldview, NurAI delivers guidance aligned with syariah rulings across a wide range of subjects, from contemporary issues such as law, healthcare and finance to classical themes including Islamic history, philosophy and Quranic studies. The platform will feature specialised channels, including an Islamic finance channel developed in partnership with INCEIF University, an affiliate of Bank Negara Malaysia, alongside channels led by Islamic scholars worldwide. Looking forward to the rest of FY2025, Fadzli said Zetrix will be exploring ways to integrate its two core technologies, blockchain and AI, as part of its long-term growth strategy. 'What we're most excited about is to get the AI part of our vertical strategy to be better tested.' He added that the company will announce several initiatives to improve the usability and stickiness of its services. 'We see blockchain as the data layer, which stores and references information, and AI as the processing layer,' he said. He said Zetrix will look to work with the best, whether through collaborations with ecosystem partners or by hiring top talent. 'Competing in this space is a global challenge, so we are working to build strong, borderless teams that can collaborate across technologies.' In April, Zetrix was appointed the core chain for the Malaysia Blockchain Infrastructure, a government-linked initiative with Mimos Bhd aimed at linking various blockchain systems and making the technology more accessible across industries. The platform is also integrated with China's national blockchain network to enable secure trade facilitation and digital identity exchange between Asean and China.
Malaysian Reserve
9 hours ago
- Business
- Malaysian Reserve
Zetrix's Nur.AI set to lead global Shariah AI drive
by SHAUQI WAHAB MALAYSIA must be a creator, not just a consumer, of artificial intelligence (AI) technologies, using Maqasid Shariah as the foundation to answer religious queries, provide halal investment advice, and guide the Muslim community in line with authentic Islamic scholarship. Deputy Prime Minister (DPM) Datuk Seri Dr Ahmad Zahid Hamidi framed the launch of Zetrix's as part of Malaysia's broader ambition to strengthen its role as a global leader in halal certification, Islamic finance and now Shariah-compliant AI. 'Make this platform the foundation for shaping public thinking; answering questions on what is halal and haram; providing guidance on zakat and 'faraid'; offering open advice on Shariah-compliant investments; and ultimately guiding society based on true and recognised Islamic scholarship,' he said today during the launch of Zetrix the world's first Shariah-aligned large language model (LLM). Ahmad Zahid envisioned Malaysia becoming a global reference centre for Shariah AI, integrating AI into Islamic education worldwide and applying AI to mosque administration, zakat management and Quranic instruction. He called for collective commitment from the government, industry, educational institutions and religious bodies to ensure success, framing it as both a national responsibility and an investment for the hereafter. Meanwhile, Zetrix co-founder Datuk Fadzli Shah shared that the company is planning to position as the leader of global Shariah AI drive with immediate applications in legal, financial and religious contexts. He stressed that affordability was a key priority, especially for Muslim-majority nations in the Global South, ensuring that the technology benefits the wider ummah without creating financial burdens. 'With the massive addressable market, over two billion Muslims around the world, the economics will work, and so that the AI will be sustainable and the development will continue,' he said at the official launching ceremony today. He revealed that while is currently consumer-focused, Zetrix has already begun adapting its base LLM for professional use cases, particularly in the jurisprudence and legal fraternity across multiple countries, as well as in Islamic finance before expanding to broader financial sectors. These business-to-business (B2B) initiatives will be announced as partnerships mature. Fadzli explained that regional rollout would be carefully phased, beginning with Malaysia, Indonesia and Brunei, to serve over 340 million people under the Shafie school of thought before expanding to other Islamic legal traditions. Addressing concerns about governance and potential external influence, especially given Zetrix's collaboration with DeepSeek AI, Fadzli assured that remains an independent project with no state interference. Fadzli clarified that Zetrix has implemented technical measures to remove pre-existing biases in the underlying model and reintroduce a Shariah-aligned framework. 'We have been able to remove the bias that was introduced and then to reintroduce into it the Shariah bias. ' remains as an independent project that will be able to serve its purpose and target for the Shariah alignment and Shariah-based LLM, so there is little to no threat of state intervention,' he said. He added that the project remains open to partnerships with governments that share its mission. Moving forward, Fadzli sees strong potential in integrating Zetrix's AI capabilities with its blockchain technology, positioning blockchain as the data layer and AI as the processing engine. The company expects to announce further developments by year-end aimed at enhancing usability, increasing adoption and advancing cross-border collaboration.
New Straits Times
11 hours ago
- Business
- New Straits Times
Zetrix unveils Syariah-compliant AI model
KUALA LUMPUR: Zetrix AI Bhd has introduced an artificial intelligence (AI) model trained to provide answers and guidance based on Syariah principles and Islamic values. The model covers topics ranging from law, healthcare and finance to traditional Islamic subjects such as history, philosophy and Quranic studies. Zetrix said NurAI offers Muslim-majority nations and Muslim communities an alternative to existing Western and Chinese AI models, which often lack alignment with Islamic values and the development priorities of the Global South. "Beyond consumer adoption, NurAI lays the groundwork for broader digital Islamic economy infrastructure across halal trade, supply chain, Islamic finance, and governance, thereby advancing AI sovereignty in emerging markets," it said in a statement. The language model supports Malay, Indonesian, Arabic, and English on both desktop and mobile, offering a clear, conversational user experience while ensuring strict Syariah compliance to serve a diverse global Muslim audience. Developed under the oversight of a formal Syariah supervisory board, NurAI is grounded in Islamic ethics and unwavering adherence to Syariah principles, providing a reliable and principled platform. Zetrix said its development team will work with leading religious institutions in Malaysia and abroad to establish a Syariah-compliant framework. Director Datuk Mohd Jimmy Wong Abdullah said the launch of the language model will be implemented in stages, starting with a freemium business-to-consumer app in Malaysia and Indonesia. He said the app will provide general Syariah guidance, with premium options including tools like inheritance calculators and advice on medical bioethics. "The second phase will focus on institutional integration via business-to-business and business-to-government models, enabling implementation of NurAI into the daily operations of Islamic financial institutions, fintechs, halal certification bodies and Syariah legal authorities," he said. NurAI was officially launched by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, in conjunction with the Asean AI Malaysia Summit 2025.
The Star
31-07-2025
- Business
- The Star
Investors on Bursa Malaysia take pause as 13MP set to be tabled
KUALA LUMPUR: Bursa Malaysia continued to be range-bound as investors awaited the tabling of the 13th Malaysia Plan, which would map out the country's development over the next five years. Investors are also digesting the overnight decision by the Federal Reserve to maintain the interest rate, as well as the latest US economic report that showed above-expected growth. Further compounding investor anxiety, The Aug 1 deadline for the implementation of a US tariff is tomorrow, keeping investors on edge as they hope for news of a lowered levy on Malaysian goods. At 9am, the FBM KLCI was a half-point lower at 1,525.6, as investors kept to a holding position. "Blue chips are expected to consolidate with a downward bias, as investors await policy signals from the 13th Malaysia Plan amid lingering uncertainty over U.S. tariffs as the August 1 deadline nears," said TA Securities in its daily market commentary. On the market, Nestle slipped 10 sen to RM87.30, Tenaga Nasional dropped six sen ot RM13.22 and Press Metal shaved five sen to RM5.41. Gainers included Itmax jumping 13 sen to RM4.08, PPB gaining 13 sen to RM9.44 and Heineken adding 12 sen to RM23.84. Of actives, Pharmaniada lost 0.5 sen ot 15.5 sen, Zetrix gained two sen to 86.5 sen and TWL was unchanged at 2.5 sen. Trading ideas: Dialog, Zetrix, Kwasa, Alliance, BIG, Steel Hawk, Dayang, Paramount, Samaiden, SP Setia, MMM, CIM, Axis REIT, Pantech, Destini, EcoFirst
The Star
27-07-2025
- Business
- The Star
Zetrix to benefit from Malaysia's blockchain plans
PETALING JAYA: Zetrix AI Bhd, formerly known as MyEG Services Bhd , is poised to benefit from new ancillary revenue streams as Malaysia's blockchain and digital ID ecosystems enter nationwide deployment in the second half of this year, according to UOB Kay Hian Research (UOBKH Research). In a recent note, the research house said the group is well-positioned to capitalise on the full rollout of the Malaysia Blockchain Infrastructure (MBI) and My Digital ID, both being developed in collaboration with the Malaysian Institute of Microelectronic Systems (Mimos). 'Given Zetrix's partnership with Mimos for MBI, we deem that any potential nationwide policy that encourages better adoption of blockchain technology may be beneficial for the group,' UOBKH Research said. It highlighted potential use-cases such as the tokenisation of financial instruments, including bank guarantees and bankers' acceptances. It said Zetrix is also co-developing the My Digital ID Superapp with Mimos, aimed at providing a single sign-on platform for identity verification across government platforms such as MySejahtera, MyJPJ and MyHRMIS. 'Zetrix will monetise this project through one-off registration fees and recurring income via subscription modules for any commercial entity that wants to use MY Digital ID as single-login user ID solutions in the future,' it noted. UOBKH Research said Zetrix has invested over RM1bil into developing its blockchain over the past three years and has launched multiple applications, including Ztrade with China customs, certificate of origin authentication services, smart-contract verifiable credentials, and blockchain-based digital signing. 'More importantly, some of these government-to-government blockchain applications under the Zetrix platform solidify the group's presence within the domestic e-government space, with increasing adoption rates across various ministries,' it noted. UOBKH Research has maintained a 'buy' call on Zetrix, with an unchanged target price of RM1.46 a share.
