Wafiyah Investment Account

(Not protected by PIDM)

Don’t miss the chance to make your money work hard for you. Wafiyah Investment Account offers high return up to *4% p.a. for 24 months and the flexibility of choosing your investment tenure.

*subject to change from time to time


Benefits & Features

Tenure

1 month to 24 months

Premature Withdrawal

Allowed

Auto Renewal

  • Allowed for the same placement amount and for the same tenure
  • Allowed for the placement amount plus profit and for the same tenure

Currency

Ringgit Malaysia (RM)

Underlying Assets

Invested in House Financing and Packaged Personal Financing.

Mode of Operation

Certificate

Partial Withdrawal

Not Allowed

PIDM Insurable

Not protected by PIDM


Contract

Wakalah

“Wakalah” means a contract in which a party (muwakkil) authorises another party as their agent (wakil) to perform a particular task, in matters that may be delegated, either voluntarily or with imposition of fee.


Eligibility & Requirements

Eligibility

  • Individual, 18 years old and above
  • Non-individual

Minimum Investment

  • RM1000 for one (1) month tenure
  • RM 500 for two (2) months and above tenure

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)


Terms & Conditions and Product Disclosure Sheet

Click here to download Terms & Conditions effective on 19 January 2023

Click here to download Terms & Conditions effective on 1 April 2022

Click here to download Product Disclosure Sheet (English Version) effective on 1 July 2023

Click here to download Product Disclosure Sheet (Malay Version) effective on 1 July 2023

Click here to download Product Disclosure Sheet (English Version)

Click here to download Product Disclosure Sheet (Malay Version)

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