Bank Islam Saving Account

Prohibition is for taking interest.

Bank islam saving account. You are indeed worthy of praise full of glory. Whoever allah guides none can misguide and who ever he allows to fall astray none can guide them aright. The depositor will be offered the expected profit rate from the investments and the bank will earn a wakalah fee for the service rendered. Basic savings account i protected by pidm up to rm250 000 for each depositor in the provision of banking services it is important to ensure that the malaysian public especially the low income consumers have access to basic banking services at minimal costs.

Never go to the bank again. If you don t consume. O allaah send blessings upon muhammad and upon the family of muhammad as you sent blessings upon ibraaheem and upon the family of ibraaheem. The depositor muwakkil enters into a wakalah agreement with the bank wakil and deposits a certain amount of money to the bank to be utilized and invested in profitable shariah compliant transactions.

Also you earn highly attractive profits on your savings with the flexibility of making as many transactions on your account as you want. Based on qard contract this facility provides hassle free safekeeping of your money and allows easy access for withdrawals whenever needed. Individual joint partnership government association private company and company accounts. More information what is bank islam basic savings account.

Convenient secure online banking. Our islami bachat account is a bundle of benefits. Beware of spoof e mail fraudulent telephone call or sms requesting for personal banking information or updating of your bank islam account information bank islam will never request for internet banking account updating via e mail or disclosure of customers personal identification number login id password and i access code to third parties under any circumstance. Income rm month annual fee rm12 cashback no.

With bank islam there are 7 types of current account you can open. Is it haraam to have a savings account in bank. Bank islam team harimau visa debit card i min. Generally this is an islamic basic savings account with no profit earning it s a great account if you wish to just park your money in a safe shariah compliant account at zero service or.

You can setup this current account as a salary crediting account to reap the benefit of high profit rate. In the name of allah we praise him seek his help and ask for his forgiveness.