* Eligible for protection by PIDM
An investment account accepted based on the Islamic contract of Al-Mudharabah. Al Mudharabah refers to a contract made between provider of capital (depositor) and an entrepreneur or fund manager (the Bank) to enable the Bank to carry out business ventures within the Syariah guidelines whereby both parties agree to share the profits from investment according to a mutually agreed ratio.
Features
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Certificate based; |
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The tenor can be for a period of 1 month and a multiple of 1 month thereof up to a period of 60 months |
Minimum deposit for:
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1 month - RM5,000.00 |
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2 months & above - RM1,000.00
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Benefits
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Earn dividend on maturity; |
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May apply for other banking facilities; |
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Choice of renewing the principle plus dividend; |
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Can be pledged as security for other facilities. |
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Target Customers
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Individual who attains 18 years old and has the capacity
to contract; |
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Government departments, companies, associations and
co-operatives; |
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Customers who are looking for higher returns. |
How to Apply / Documents Required
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Application to be made in person; |
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Complete the relevant application form and specimen signature cards; |
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To tender relevant documents. |
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Dividend Rates
Dividend rates for Al-Mudharabah General Investment Account |
Date: 16/06/2013 - 15/07/2013 |
Month |
PSR |
Indicative Rates |
Month |
PSR |
Indicative Rates |
1 |
75:25 |
3.00 |
18 |
75:25 |
3.25 |
3 |
75:25 |
3.05 |
21 |
75:25 |
3.30 |
6 |
75:25 |
3.15 |
24 |
75:25 |
3.30 |
9 |
75:25 |
3.15 |
36 |
75:25 |
3.60 |
12 |
75:25 |
3.25 |
48 |
75:25 |
3.70 |
15 |
75:25 |
3.25 |
60 |
75:25 |
3.70 |
View the complete list of our Deposit Rates
*Terms and conditions apply.
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Click here for PIDM brochure |
