Qard Savings Account-i


QARD SAVINGS ACCOUNT-i Seeing beyond potential


Qard Savings Account-i is a passbook savings account. It based on Shariah concept of Qard, which Qard refers to a contract of lending money by a lender (Customer) to a borrower (Bank). Bank shall be entitled to any benefit or revenue gained from the money borrowed and is obliged to repay the principal amount to Customer when demanded, as a lender in accordance with the agreed terms and conditions.

  • Hibah (Gift) may be given at the bank's discretion
  • Standing instruction facility for payment of bills and routine fund transfers
  • Debit card facility
  • Internet Banking services
  • 24-hour Customer Care Centre
  • 24-hour Cheque & Cash Deposit Terminals
  • Eligible for Protection by PIDM. Click here for PIDM's brochure

Application Eligibility

  • Individual Account or Joint Account: Individuals aged 18 years and above
  • Trust Account: Individuals aged 12 years and below
  • Non-Business Organization Account:
    • Trustees
    • Clubs
    • Societies
    • Associations
    • Institutions
  • Initial deposit of RM100