Ihsan Sustainability Investment Account
(ISIA)
(Not protected by PIDM)
Ihsan Sustainability
Investment Account – designed to enable our clients to foster a nature positive
economy to enhance the resilience of our environment and ensuring inclusive
growth across our society. With an attractive return of 4.5%* p.a. for 24
months, make your investment work for you whilst creating value-based impact.
*This is
an indicative rate. Subject to the performance of the underlying investment
assets
Investment
Objective
To provide a differentiated
investment solution based on new asset class, investing into non-retail
financing and aligned to the United Nations’ Sustainable Development Goals (SDG)
objectives.
Investment
Strategy
Moderate risk investment to
achieve capital preservation and steady returns
Features
Investment Tenure |
Twenty-four (24) months |
Premature Withdrawal |
Not allowed during the investment tenure |
Partial Withdrawal |
Not allowed during the investment tenure |
Auto Renewal |
Not allowed |
Currency |
Ringgit Malaysia (RM) |
Description of the Underlying Assets |
- The fund will be invested in a diversified portfolio of the Bank’s
non-retail assets, that are aligned to the United Nations’ (UN) Sustainable
Development Goals (SDG) objectives and favourable Climate Change and
Principle Based Taxonomy (CCPT) classification as per Bank Negara Malaysia’s (BNM)
framework.
- The sectors consist of renewable energy, green financing, clean
transportation, clean water and sanitation, and sectors that contribute to
sustainable cities and communities’ goals, amongst others.
|
Special Feature
|
|
Mode of Operation |
Certificate |
PIDM Insurable |
Not protected by PIDM |
|
Eligibility &
Requirements
Eligibility |
- Non-Retail
- Retail (limited to High Net Worth Individuals)
Note: Exclude interbank counterparties, sole proprietorships, and Small Medium Enterprises (SME)
|
Minimum Investment Amount |
- Individuals: RM 50,000
- Non-Individuals: RM 1.0 million
|
|
Contract
Wakalah Bil Istithmar |
This is a form of Wakalah contract (or agency contract) entered into for the
purpose of investment. ISIA will be managed by Bank Islam on Wakalah Bil
Istithmar basis where Bank Islam is an agent to manage the investment portfolio
on behalf of IAH throughout the investment tenure. |
Wakalah |
A contract in which a party (Muwakkil) authorises another party as its agent
(Wakil) to perform a particular task, in matters that may be delegated, either
voluntarily or with imposition of fee. Bank Islam is also an agent to the IAH in
managing the allocation and payment of Zakat and/or Sadaqa House contribution on
IAH’s behalf. |
|
Fees & Charges
Subject |
Charges |
Rate / Amount |
Lost or destroyed Investment Certificate |
Stamp Duty will be charged for the Indemnity Letter regardless of the amount |
RM10.00 (stamp duty) |
|
For account opening, please contact your respective Branch Manager, Deposit Manager & Deposit Marketing Executive.
For further assistance, please contact isiasupport@bankislam.com.my or call 03- 2782 1321/1114/1335/1320.
Opening Hours: 9:00am to 6:00pm, Monday to Friday (excluding Public Holidays for Wilayah Persekutuan)
Terms & Conditions
and Product Disclosure Sheet