Malmey is the larger of the two islands of the Skagafjord Bay.

It is about 4 km long, and 2,4 km wide, and relatively flat and rises towards north to 156 m above sea level.

The southern part of the island is hyaloclastite and the northern part has the remnants of a shield volcano, which probably erupted early in the ice age.

The following stamp was issued in 2009.

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