BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.


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hi , can i ask ..what is the meaning of profit rate cannot be guarantee?

let say if i place 100k into their 1 year FD ..does it mean i am entitled to cash out the interest rate monthly?

what happen if i decided to cancel my FD after 8 months? is that any penalty?

thanks