Maybank Islamic Fixed Deposit Singapore

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 singapore. Singapore dollar deposits of non bank depositors are insured by the singapore deposit insurance corporation for up to s 75 000 in aggregate per depositor per scheme member by law. The rates are for your reference only. To obtain our latest rates please call 1800 maybank 1800 629 2265 or 65 6533 5229 overseas. Discontinuation of certificate issuance for islamic fixed deposit i placement for retail customers.

Best fixed deposit promotions in singapore 2020. Monies and deposits denominated in singapore dollars under the cpf investment scheme and cpf retirement sum scheme are aggregated and separately insured up to s 75 000 for each depositor per scheme member. Profits are determined before placement. An islamic term deposit with pre determined profit rate.

Rm1 000 for 2 months and above to rm5 000 for 1 month rm500 for in trust and minor for any tenure. While it currently does not offer any promotional rates maybank singapore dollar time deposit still offers some of the most accessible high board rates for very long tenure deposits. In fact with just s 1 000 minimum deposit consumers can earn a market leading 2 05 p a. Codes 3 days ago while it currently does not offer any promotional rates maybank singapore dollar time deposit still offers some of the most accessible high board rates for very long tenure deposits.

For a 36 month tenure without even factoring in. Maybank s islamic term deposit i is based on the islamic financial principle of murabaha involving the sale of commodities at a marked up price between maybank and you. For 12 month singapore dollar time deposits of at least 20 000 you get to enjoy an. Fixed deposit islamic fixed deposit i.

For a 36 month tenure without even factoring in a promotion. Maybank fixed deposit promotions maybank is running promotions on its 20 000 and 50 000 time deposits. In fact with just s 1 000 minimum deposit consumers can earn a market leading 1 00 p a. Refer your friends to apply for maybank credit cards and creditable to be rewarded with s 50 cash credits online security find out how we ve made m2u secure and how you can keep your online banking experience worry free.

This is the first islamic deposit in singapore for retail clients. 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.