17th January 2023 - 3 min read
You’ve probably noticed price increases in food, grocery items, and more recently. With the budget for basic necessities like cooking oil, bread, and rice expanding, this might leave one with less to save. After all, essential purchases, as opposed to indulgent ones, are required for survival and are not something we can cut back on very much.
Fortunately, there are still ways to grow your money so you can save more and retain your buying power amid inflation.
With Term Investment Account-i by Hong Leong Islamic Bank, you invest your money with the bank for an agreed period of time to earn attractive returns. It is suitable for anyone from beginners to seasoned investors who want to grow their wealth.
What’s more, you can enjoy even higher returns with a current promotion whereby you could reap indicative returns of up to 4.20% by investing as low as RM2,000 till 15 February 2023.
Read on to find out more about Term Investment Account-i by Hong Leong Islamic Bank.
When growing your wealth, it’s important to be consistent. Having a hassle-free way to grow your money can encourage one to take the first step and continue.
You can invest in Term Investment Account-i via HLB Connect Online from the comforts of your home and it’s easy to maintain without having a lot of investment knowledge or spending time on market outlook research. Plus, investors can take advantage of its ongoing promotion that ends on 15 February 2023 to earn potential returns of up to 4.20% per annum for 6 Months.
Learn more about the Term Investment Account-i by Hong Leong Islamic Bank here.
The contents of this article do not constitute financial advice. Readers should conduct their own research before making a financial decision.
The scenario provided above is intended as an example for illustration purposes only.
Should the actual returns be higher than the indicative profit rate, Investment Account Holders agree that the excess profit, if any, shall be waived under the Shariah “principle of ‘Tanazul’ (waiver of entitlement to claim)” where the excess profit shall be retained by the Bank.
Terms and conditions apply.
This product is not bank deposits and not insured by PIDM; and subject to investment risks, including the possible loss of the principal amount invested. Past performance is not indicative of future results, prices/invested sum is subject to market risks which may result in appreciation or depreciation.
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