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Bank Muamalat Fixed Term Deposit

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Interest RateUp to 2.85% Image
Min. Deposit RM5,000 Image

Last updated on 2024-03-05

Bank Muamalat Fixed Term Deposit Review

Pros Pros

Low min. deposit

Cons Cons

None

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Deposit Details Bank Muamalat Fixed Deposit Interest Rates

  3 mths 12 mths 18 mths
RM1k & above 2.75% p.a. 2.80% p.a. 2.85% p.a.

 

Enjoy up to 2.85% p.a. effective interest rate for Bank Muamalat Fixed Term Account-i (FTA-i)

Receive 2.85% p.a. interest for 12 months tenure

Receive 2.80% p.a. interest for 6 months tenure

Receive 2.75% p.a. interest for 3 months tenure

Premature withdrawal is allowed

No profit will be paid to the customer in the event of early or premature withdrawal for both Fixed Term Account-i (FTA-i) and Short Term Account-i (STA-i)

Flexible tenure and profit payment options such as monthly, quarterly, semi-annually, annually or upon maturity

Bank Muamalat FTA-i is based on the Shariah concept of Tawarruq / Commodity Murabahah

 

Click here to go to Bank Muamalat's website for more details

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