Fixed Deposit Bank Islam
Rates show are per annum.
Fixed deposit bank islam. What do i need to bring along to open a fixed deposit account with bank islam. Deposit financing rates. Fixed deposit islamic fixed deposit i. For this account you will need a minimum opening deposit of rm1 000 for 1 month tenure or rm500 for 2 months and above.
And this is a fixed deposit solution that should be considered by all malaysians. Banking services are available for personal and business customers as well as corporations. The bank must make profit through halal means. Check out the fixed deposit rate offered by bank islam for various months of placement.
The depositor will be offered the expected profit rate from the investments and the bank will earn a wakalah fee for the service rendered. The predetermined interest rate is expected but should not be rigidly binding. Rm1 000 for 2 months and above to rm5 000 for 1 month rm500 for in trust and minor for any tenure. It has 133 branches across the country plus a network of atms and self service terminals.
Bank islam fixed deposit interest rates. Remember to also bring along your identification card. 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. Deposit financing rates financing rates.
For latest financing rates on baiti home financing kindly contact your nearest bank islam branch. Is there auto renewal for bank islam s term deposit i account. However bank islam accepts customers of all religions. Bank islam 5 year fixed term deposit.
Bank islam was established in 1983 and is one of the largest islamic banks in malaysia. The range of products that are. Property financing i tawarruq baiti home financing. Bank islam 2 year fixed term deposit.
Fixed deposit is allowed with a clause in islam. Deposit and financing rates for various bank islam products. An islamic term deposit with pre determined profit rate.