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This Spotlight is sponsored by Kuwait Finance House Malaysia Berhad.
With the aim of providing Shariah-based financial solutions to Malaysians, KFH Malaysia offers a complete range of products and services such as corporate banking and retail banking, as well as treasury and international business matters.
Investing in a term deposit-i, also known as a fixed deposit, is a relatively easy and low-risk way to grow your money. Especially in these challenging times, many would prefer to slowly but surely see their savings go up. And now, you can invest via Shariah-compliant methods if it’s important to you too.
Here are some key features of the KFH International Commodity Murabahah Deposit-i campaign:
– Minimum deposit of RM5,000
– 2.60% p.a. profit rate with 12 months tenure
– Profit paid in advance (instead of end-of-tenure)
– Protected by PIDM up to RM250,000 for each depositor
All you need to open an account is your NRIC if you are a Malaysian, aged above 18 years old, or MyPR card if you are a permanent resident who meets the same age requirement.
So whether you’re a new or existing depositor, you can participate in this ongoing campaign just by depositing fresh funds into your account. But hurry — the campaign’s availability is subject to the overall campaign limit from now until the end of February 2022.
Aside from enjoying your returns in advance, the profit payment will be automatically deposited in your KFH Libshara-i savings account — which means the more you deposit, the better you stand to win the monthly and quarterly draws held throughout the year.
On top of that, there will be one grand draw in April 2022, offering each winner RM50,000 in cash prizes too!
Here are more features that you can expect from the KFH Libshara-i savings account:
– Initial deposit of RM100 to open an account
– Principal and profit guaranteed
– Monthly, quarterly, and grand draws with attractive cash prizes to be won
– Protected by PIDM up to RM250,000 for each depositor
You’ll need a minimum of RM100 average available balance to participate in monthly draws, while participation in quarterly and grand draws will require a minimum of RM1,000 average available balance.
To open a KFH Libshara-i account, simply visit any bank branch today.
*Terms and conditions apply.
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