Maybank Islamic Fixed Deposit Calculator

Investment returns rm 330 00. Islamic fixed deposit i ifd i is an islamic term deposit based on the shariah contract of commodity murabahah cost plus sale. Use imoney fixed deposit online calculator to compare highest fixed deposit interest rates for each malaysian bank.

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Singapore dollar term deposit i is based on the shariah principle of murabaha involving sale of commodities at marked up price between maybank and you profits are determined upfront and will be paid one calendar day after cash placement or cheque clearance.

Maybank islamic fixed deposit calculator. Calculate your fd total upon maturity. Apply easy and for free with imoney. Fixed deposit is a kind of term deposit with higher interest rate as compared to regular savings account and because of high interest rate and low risk it s quite a popular investment choice in india. Enter the initial deposit amount.

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. View the principle and total amount by year in the chart and table. The interest rate is fixed for the whole maturity period and it s usually considered as an extremely safe investment. 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.

Singapore dollar term deposit iprotect and grow your asset. Enter the bank interest rate in percentage. Best viewed on the latest versions of chrome firefox edge safari. To watch out for these promotions visit imoney s online calculator regularly scroll up to use the calculator.

A fixed deposit calculator helps you calculate the maturity amount for your deposit based on the prevailing interest rate for a particular tenure. Interest rate p a 3 30. Earn up to 3x interest on the first s 30 000 of your child s savings when you save in youngstarz and isavvy savings account and spend on your maybank family and friends card. Maybank islamic fixed deposit i ifd i minimum deposit.

See how much you will earn from your bank fixed deposits fd. An islamic fixed deposit account. Maybank family plus is designed to reward the whole family. Maybank islamic fixed deposit i ifd i minimum deposit.

Interest rate p a 3 30. Discontinuation of certificate issuance for islamic fixed deposit i placement for retail customers. The calculator is easy to use and will help you compare different tenures with different interest rates from different banks thereby making it easier to decide which bank and tenure gives you the highest maturity amount for your fixed deposit. Enter the deposit period in months.