Mudharabah General Investment Deposit-i (MGID-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 may be fixed by MIDF Investment (e.g. 70:30, in favour of client).

Product Features:-

Duration:
1-, 2- ,3- , 6- , 9- and 12-month - (MGID-i)

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