Hong Leong Islamic Bank Berhad is offering promotional fixed deposit rates[PDF] under Islamic banking principles to customers who sign up for selected Hong Leong BancaTakaful Regular Contribution Products during its BancaTakaful Fixed Deposit Promotion 2025. The campaign runs from 14 July 2025 until 30 September 2025, unless withdrawn earlier.

Eligibility for the Promotional Fixed Deposit

The offer is open to individual customers of Hong Leong Islamic Bank and Hong Leong Bank who apply for one of the eligible BancaTakaful products underwritten by Hong Leong MSIG Takaful.

To qualify, the application must be approved, the takaful certificate must be in force, and the first annual contribution must be paid within the promotion period. A minimum annual contribution of RM10,000 in the first year is required. Customers can then place a fixed deposit amount based on the contribution-to-placement ratio of the selected product, up to RM2 million or the total annual contribution, whichever is lower.

Promotional FD-i Rates and Tenure Options

Customers who sign up for the Hong Leong MSIG Takaful Amanah Saver, Hong Leong MSIG Takaful Secure 3, or Hong Leong MSIG Takaful Secure 3 Plus plans can place a fixed deposit under Islamic banking principles equal to half of their first-year takaful contribution. The minimum deposit amount is RM1,000, and the maximum is RM2 million. For these plans, the promotional profit rate is 10.03% per year for a one-month placement.

Those who choose the Hong Leong MSIG Takaful Legacy or Hong Leong MSIG Takaful Legacy Plus plans can place a fixed deposit under Islamic banking principles equal to the full value of their first-year takaful contribution, with the same minimum and maximum placement limits of RM1,000 and RM2 million. For these plans, customers can earn 8.03% per year for a three-month placement or 5.03% per year for a twelve-month placement.

Only 10% of any Regular Contribution Top-up will be recognised when calculating the eligible fixed deposit placement amount under Islamic banking principles.

BancaTakaful Products	Contribution: Placement Ratio	Promotional FD-i Rate & Tenure
HLM Takaful Amanah Saver, HLM Takaful Secure 3, HLM Takaful Secure 3 Plus	1:0.5 of annual contribution (Min: RM1,000; Max: RM2,000,000)	1 month at 10.03% p.a.
HLM Takaful Legacy, HLM Takaful Legacy Plus	1:1 of annual contribution (Min: RM1,000; Max: RM2,000,000)	3 months at 8.03% p.a., 12 months at 5.03% p.a.

Fund Size Limit for the Promotion

The preferential rates are available on a first-come, first-served basis and are limited to a total fixed deposit fund size of RM10 million. Once the limit is reached, new placements will be subject to the prevailing fixed deposit board rates.

Placement Process and Restrictions

Fixed deposit placements can only be made after the 15-day cooling-off period once the takaful certificate is in force. Customers will receive a notification letter confirming their eligibility and must present it within 30 days at any Hong Leong Islamic Bank or Hong Leong Bank branch to make the placement.

If the BancaTakaful product is cancelled during the placement tenure, the promotional rate will no longer apply. Profit from the fixed deposit will be credited to a nominated Hong Leong Islamic Bank current or savings account under Islamic banking principles and will not be compounded.

Early withdrawals will result in no profit being paid on the withdrawn amount. Partial withdrawals must be in multiples of RM1,000, and a minimum balance of RM3,000 must remain to maintain the fixed deposit.

Protection and Shariah Compliance

Both fixed deposit and current or savings accounts under Islamic banking principles are protected by PIDM for up to RM250,000 per depositor. The fixed deposit is structured under the Shariah concept of Tawarruq.

Full terms and conditions, including eligibility requirements, placement processes, and profit payment details, are available on the Hong Leong Islamic Bank website. You can also compare this promotion with RinggitPlus’s best fixed deposit rates to find the most competitive returns currently available in Malaysia.

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• TAGS:
• BancaTakaful Fixed Deposit Promotion 2025
• BancaTakaful Regular Contribution Products
• Fixed Deposit Rates
• Hong Leong Islamic Bank