A Shariah-compliant deposit product which uses shariah concepts
This is a shariah-compliant deposit product which uses the shariah concept of wadiahyad dhamanah(guaranteed safe-keeping)where you deposit your monies with the bank for safe-keeping purposes.The deposits collected will be managed in accordance with Shariah and you will enjoy the benefits of a no fall-below fees and receive indicative returns on your CIMB StarSaver-i
Products mentioned by this review
CIMB StarSaver (Savings)-i Account
The CIMB StarSaver (Savings)-i Account is also a Shariah-compliant savings account that uses the Shariah concept of Murabahah (mark-up) to facilitate the deposit-taking activity from you to the bank, earning you a profit rate of 0.8% p.a and it this savings account also offers No Fall-Below Fees.1 reviews
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CIMB Bank Berhad Singapore Branch
CIMB (Commerce International Merchant Bankers) Group Holding Berhad is a leading ASEAN (The Association of Southeast Asian Nation) Universal Bank operating in high growth economies. The group operates under several entities including CIMB Bank, CIMB Investment Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International, and CIMB Thai. It is the second-largest bank in Malaysia comprising of 534.1 billion Malaysian Ringgits worth of total assets. The group provides vasts variety of banking and financial services to its customers, whether they be a natural person or an artificial person, with its primary activities being Commercial banking, Islamic banking, investment banking, and Asset management just to name a few. The group operates with over 100 Commercial Centres and around 850 branches with co-located Trade Service Centres to its 16 global markets. The group also has a staff strength of over 36,000 located in 18 countries, covering ASEAN and major global financial centers as well as countries as in which its customers have significant business and investment dealings.12 reviews
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