yep, that's why i asked him/her whether he/she saw TD or TIA

by referring TD with 4.1% from mbsb, it will further confuse the readers here.

yes, hence I quoted the other posts about 4.1% from mbsb which is TIA, not TD

hence one of the quote to you earlier.

it's an investment product. return/profit is not fixed/determined upfront; nor guaranteed like FD/TD.

'up to 4.1%' is just a projected profit rate, subject to investment performance until maturity.

how low can it get? nobody know for sure. 12mth investment period is long though.

------

Important Notes
The Profit Sharing Ratio (PSR) shall be 50:50 between the customer and the Bank. The customers agree that The Bank may revise the PSR during the tenure of Mudarabah contract without the customers’ prior consent.
The indicative profit rate indicates the potential return that customers may receive. It does not represent the actual profit return, which will be reflected in the annual statement.
After the expiry of the campaign rate tenure, the rate will revert to the board rate of same tenure.
The principal and returns are not guaranteed, and the customers risk earning no returns at all.
The principal is not protected by Perbadanan Insurans Deposit Malaysia (PIDM).

IMPORTANT DISCLAIMER
THIS IS AN INVESTMENT ACCOUNT PRODUCT THAT IS TIED TO THE PERFORMANCE OF THE UNDERLYING ASSETS AND NOT A DEPOSIT PRODUCT.

WARNING
THE RETURNS ON THIS INVESTMENT ACCOUNT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSETS. THE PRINCIPAL AND RETURNS ARE NOT GUARANTEED AND CUSTOMER RISKS EARNING NO RETURNS AT ALL. IF THE INVESTMENT IS REDEEMED EARLY, CUSTOMER MAY SUFFER LOSSES IN PART, OR THE ENTIRE PRINCIPAL SUM INVESTED.

Member of PIDM
Term Investment Account-I (TIA-i) is not protected by PIDM



unless someone reported otherwise, should be still available.

if you have your own preferred bank muamalat, better call them first before dropping by.

This post has been edited by cybpsych: Aug 17 2024, 07:12 PM

Our tour is almost at the finish line! It’s been incredible so far, and we’re thrilled to keep the excitement going! Have you missed our tour before? No worries, we’ll be coming to Klang Valley next!

📍 Eco Ardence, Setia Alam: 25 - 27 August
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📍 Publika: 29 & 30 August



This post has been edited by cybpsych: Aug 26 2024, 03:06 PM

no need to worry with other offers.

0.05% pa difference not a major deal breaker la.

stick to your existing banks and their offerings. if I'm you, I prefer hlb efd better. just because their hlconnect is better too.

less headache to manage new stuffs...unless there's something extraordinary that your banks don't have

info up now.

thanks to HolyCooler for the info



https://www.maybank2u.com.my/maybank2u/mala.../efd-promo.page

as usual, don't waste time with maybank fpx efd

Term Deposit-i Campaign | MBSB | T&Cs: https://www.mbsbbank.com/sites/default/file...%2026082024.pdf




This post has been edited by cybpsych: Sep 3 2024, 10:58 AM

would be better if your identity is validated by Staffs/Mods cherroy

this is otc only

issue vs product offering

no need to lump everything.

retry again lor

could be temporary down to update some minor web stuffs

12mth @ 4%, no more, as shared above

current is 6mth @ 3.75%

I'm aware of beu. it was posted before my post.

branch

also be careful with the term "up to" 4% for 12mth. may need certain amount to be eligible

already lowered since 13 Sep lor

because every now and them, someone will start a list .... but eventually, it wont get updated as fast and as frequent, and later left abandoned.

This post has been edited by cybpsych: Sep 26 2024, 10:39 AM

which is why Investment-type shouldnt be posted here. it will lead to confusion to noob users

https://www.bankislam.com/wp-content/upload...Eng_Jul2023.pdf

// Among the risks associated with the investment account include but not limited to the following:

(a) Risk of Capital Loss: refers to the potential decrease in the value of the original investment amount
(b) Market Risk: refers to the potential impact of adverse price movements (e.g. profit rate, foreign exchange rates or equityprices, where applicable) on the economic value of an asset.
© Liquidity Risk: refers to the potential inability of the Bank to meet short term withdrawal demands from the IAH.
(d) Credit Risk: refers to the potential event that may arise when substantial amount of assets for the fund goes into default.
(e) Legal Risk: IAH should ensure that, in entering into this investment it is not in breach of any laws, regulations, contractual or any other legal limitations that may apply to investors. This investment is issued subject to all applicable laws, regulations and guidelines. In the event of change in such laws, regulations or guidelines, Bank Islam may be obliged to change some or all the terms and conditions of the investment, including the possibility of an early termination.
(f) Shariah Non-Compliance Risk: refers to the possible failures to comply with the rulings of BNM’s Shariah Advisory Council (SAC) and standards on Shariah matters issued by BNM or decisions or advice of Bank Islam’s Shariah Supervisory Council. //