15th June 2022 - 2 min read
Business owners can invest and earn potential returns of 2.55% p.a. from their CIMB Term Investment Account-i (TIA-i) until 31 July 2022 with just a minimum deposit of RM10,000.
Like a fixed deposit, a Term Investment Account is a term investment account based on a profit-sharing (Mudharabah) contract, whereby account holders can invest a certain amount in Shariah-compliant businesses for a fixed period of time.
Now, what makes CIMB’s Term Investment Account-i ideal for businesses?
As we enter the endemic phase, CIMB is dedicated to assisting SMEs to grow and thrive with a multitude of SME Banking Solutions that provide convenient financial needs such as banking and financing, as well as digital solutions for their digital transformation journey. For more information, head to their website!
DISCLAIMER THIS IS AN INVESTMENT ACCOUNT PRODUCT THAT IS TIED TO THE PERFORMANCE OF UNDERLYING ASSETS AND NOT A DEPOSIT PRODUCT WARNING THE RETURNS ON THE INVESTMENT ACCOUNT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSETS. THE PRINCIPAL AND RETURNS ARE NOT GUARANTEED AND THE ACCOUNT HOLDER RISKS EARNING NO RETURNS AT ALL. IF THE INVESTMENT IS REDEEMED EARLY, THE ACCOUNT HOLDER MAY SUFFER LOSSES IN PART OF THE ENTIRE PRINCIPAL SUM INVESTED. THIS INVESTMENT ACCOUNT IS NOT PROTECTED BY PERBADANAN INSURANS DEPOSIT MALAYSIA ("PIDM").
The contents of this article do not constitute financial advice. Readers should conduct their own research before making a financial decision. The material has not been reviewed by the Securities Commission Malaysia (SC).
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