Tayseer Savings Account-i
Tayseer Savings Account-i (TSA-i) is a non-passbook savings account. It is based on the concept of Wadiah, an agreement between the Customer and the Bank to keep their deposit in the Bank’s custody. The Bank may pay a ‘hibah’ (gift) as a show of gratitude to the customer but only at its own discretion.
Tayseer is an Arabic word which means ‘making it easy’ or ‘permudahkan’ in Bahasa Melayu.
Wadiah Savings Account-i
Wadiah Savings Account-i (WSA-i) is a passbook savings account. Wadiah is an agreement between the Customer and the Bank to keep their deposit in the Bank’s custody. The Bank may pay a ‘hibah’ (gift) as a show of gratitude to the customer but only at its own discretion.
Wadiah Student Savings Account-i
Wadiah Student Savings Account-i is designed for children and students under the age of 18 years.
Wadiah Basic Savings Account-i
Wadiah Basic Savings Account-i (WBSA-i) is based on an agreement between the Customer and the Bank to keep their deposit in the Bank’s custody. The Bank may pay a ‘hibah’ (gift) as a show of gratitude to the customer but only at its own discretion.
Mudharabah Savings Account-i
Mudharabah Savings Account-i (MSA-i) is a non-passbook savings account. It adopts the Shariah principle of Mudharabah, in which customers deposit their money as an investor and the Bank will share the investment returns with the customers based on a mutually agreed sharing ratio.
