Islamic Fixed Deposit Maybank

At maybank maybank islamic branches.

Islamic fixed deposit maybank. Effective from 9 july 2020. A general investment account follows the laws and principles of islamic shariah as set by the qur an whereas the aforementioned conventional fixed deposit fd instead operates on banking laws and financial practices as set by the country. Singapore dollar term deposit iprotect and grow your asset. All interest dividend rates quoted may change without prior notice.

Stayathome enjoy with higher maybank islamic fixed deposit i eifd i profit rate via fpx. The underlying asset for the sale and purchase transaction between the bank and the customer is based on a specific shariah compliant commodity as the bank deems fit. Early withdrawal no profit earned rm450. Rates for maybank fixed deposit account.

Islamic fixed deposit i ifd i is an islamic term deposit based on the shariah contract of commodity murabahah cost plus sale. Cimb islamic fixed return income account i maturity returns profit rate 1 8 p a. Fixed deposit efixed deposit. Higher profit rates than a normal islamic savings account.

Islamic term deposits based on the shariah concept of commodity murabahah cost plus sale where a specific asset as deemed fit by the bank is identified and used as the underlying asset for the sale and purchase transaction between bank and customer. Rm1 000 for 2 months and above to rm5 000 for 1 month rm500 for in trust and minor for any tenure. Alliance islamic term deposit i profit rate 1 8 p a. Ambank islamic term deposit i.

Maybank islamic fixed deposit i profit rate 1 8 p a. Discontinuation of certificate issuance for islamic fixed deposit i placement for retail customers. 18 may 2020 to 18 june 2020 on first come first served basis valid until 18 june 2020 or upon reaching the campaign limit whichever is. Directly deposit your funds from other banks to your eifd i with fpx to enjoy extra returns today.

An islamic term deposit with pre determined profit rate. Effective 7 december 2019 maybank islamic berhad will no longer be issuing certificates for new placements made over the counter otc by retail individual customers. Early withdrawal yes profit earned rm450. In islamic banking the equivalent of the fixed deposit fd is known as the general investment account.

Fixed deposit islamic fixed deposit i. Early withdrawal yes profit earned rm450.