Bank Islam Fixed Deposit

What do i need to bring along to open a fixed deposit account with bank islam.

Bank islam fixed deposit. The bank would work towards achieving that profit if they make less you would have to take less if they make more you should get more 2. For this account you will need a minimum opening deposit of rm1 000 for 1 month tenure or rm500 for 2 months and above. B deposit account held by a financial institution conducting labuan banking business or labuan islamic banking business. 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.

Or d non deposit account e g. The predetermined interest rate is expected but should not be rigidly binding. With this account you get. C deposit account held by a non dmt.

Chances to win exciting prizes. Deposit and financing rates for various bank islam products. The bank must make profit through halal means. Secured against unit trust.

Deposit financing rates. Property financing i tawarruq baiti home financing. Unit trust securities trading account. Term deposit i tawarruq protected by pidm up to rm250 000 for each depositor watch your money consistently grow through our term deposit i tawarruq tdt i.

A deposit account payable outside malaysia. Deposit financing rates financing rates. Basic savings account i protected by pidm up to rm250 000 for each depositor in the provision of banking services it is important to ensure that the malaysian public especially the low income consumers have access to basic banking services at minimal costs. Remember to also bring along your identification card.

A capital guaranteed deposit account that allows you the flexibility of managing funds according to your short or long term needs. Is there auto renewal for bank islam s term deposit i account. Get your updates here. Bank islam fixed deposit rates.

Public bank super fd offer 8 88 rate. Maximum of 5 years 60 months or up to the retirement age or up to 70 years old whichever is earlier. Fixed deposit is allowed with a clause in islam. For latest financing rates on baiti home financing kindly contact your nearest bank islam branch.

Maximum of 5 years 60 months with no age limit. Rates show are per annum. An islamic term deposit based on the contract of commodity murabahah.