Islamic Deposits

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Savings Account-i

An affordable everyday account that operates on a passbook; account may be opened in the name of the parent or legal guardian as a Trust Account

Key info
  • Easy monitoring via passbook updates
  • Minimum 16 years of age
  • Minimum deposit of S$500
  • "Hibah" or "token" in the form of dividends may be distributed at the Bank’s discretion

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iSAVvy Savings Account-i

24-hour access via online banking and ATMs; account may be opened in the name of the parent or legal guardian as a Trust Account; be rewarded for your loyalty with a special dividend-on-dividend feature

Key info
  • Minimum 16 years of age
  • Minimum deposit of S$500
  • "Hibah" or "token" in the form of dividends may be distributed at the Bank’s discretion

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Ar Rihla Regular Savings Account-i

A Regular Savings Account which helps you get a head start in saving up for your journey to the Holy Land.

Key info
  • Save from a minimum of S$50 a month
  • No fixed monthly savings date
  • Flexible savings terms

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PremierOne Account-i

PremierOne Account-i is a personal checking facility with monthly account statements mailed directly to you. Your 1st chequebook is free and you will have 24-hour account access via online banking, PhoneBanking (Dial-Link), ATMs and cash deposit machines.

Key info
  • Minimum 21 years of age
  • Minimum deposit of S$1,000
  • "Hibah" or "token" in the form of dividends may be distributed at the Bank’s discretion

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Foreign Currency Current Account-i

Available in US Dollars and other major foreign currencies, you can receive and make payments in the original currency without having to convert them into Singapore Dollars

Key info
  • Flexibility to access different major foreign currencies
  • Free chequebook for US Dollar current account

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Singapore Dollar Term Deposit-i

Protect and grow your assets with Singapore Dollar Term Deposit-i which pays your profit upfront. If you are 55 years and above, enjoy 0.25% above the prevailing profit rates.

Key info
  • Open to all
  • Principal and profit guaranteed
  • Placement period of 1 to 36 months

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Foreign Currency Term Deposit-i

Diversify your investment portfolio via different foreign currencies and benefit from competitive profit and exchange rates

Key info
  • Minimum initial deposit of
    • 10,000 units for all foreign currencies
    • 2.5 million units for Japanese Yen
  • Placement periods: 1, 2, 3 and 6 months for all foreign currencies. 12 months is applicable for AUD, GBP, NZD and USD only.

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