It is based on the principle of Syariah Al-Mudharabah
Opening of Accounts
Eligibility
- Citizens and non-citizens of Malaysia.
Types of Account
Individual Account:
Non-individual account
- Applicants must be between 1 and 18 years of age.
- Trustee shall be 18 years and above
Profit Ratio
- Based on the multi-tier method
Account Balance | Ratio - Customer : Bank |
RM500 and below | 60:40 |
Exceed RM500 and until RM2,500 | 50:50 |
Exceed RM2,500 | 40:60 |
Minimum Balance
Others
- Free kitty bank for new account holders or those with an accumulated savings of RM50.00
