Mudharabah Deposits-i

Mudharabah Deposits-i is a product designed for clients looking for investment opportunities in accordance with Shariah principles. Profit earned from the investment will be distributed between the client and MIDF Investment, based on a pre-agreed Profit Sharing Ratio (“PSR”). PSR is negotiable at the point of placement and the period of investment.

Product Features:-

Duration:
Minimum 1 day (overnight) up to any tenor

Minimum Investment :
RM 500k per contract

Documents:
Confirmation Letter (As a binding agreement of investment deposit) - Aqad

Rights of the Bank:

  • MIDF Investment reserves the right to have the final say in the event of dispute.
  • The terms and conditions governing Investment Deposit Account-i are stated in the original copy of the opening of a new account application form.

Mode of Payment:

  • Fund Transfer via RENTAS
  • Cheque

Eligible Clients:

  • Individuals
  • Domestic Business Enterprises
  • Non-Bank Financial Institutions
  • Development Finance Institutions
  • Government Bodies
  • Societies/Association & Clubs