Reap An Indicative Profit Rate Of Up To 4.05% p.a. With CIMB Islamic’s TIA-i
Author Avatar

Just like any individual customer who may choose to invest or place their funds in savings accounts to earn profit, businesses, too, can do so via a range of channels – with one popular instrument being term investment accounts.

Essentially, term investment accounts work a little like fixed deposits. Business owners can park their funds into the account, which is structured based on a mudarabah (profit-sharing) contract, after which it will be invested into shariah-compliant assets of low to medium risk. This is with the aim of reaping profit after a fixed period of time.

Among other advantages, term investment accounts offer a good way for businesses to preserve their capital as well as manage any extra funds that they have. By depositing some of these resources, they can grow their money over time, and eventually tap into the profit gained to drive business growth in the future.

Of course, there are several such accounts available in the market, but one option that you might want to check out now is CIMB Islamic’s Term Investment Account-i (TIA-i). Here’s why.

Open to all businesses, enterprises, and corporations, CIMB Islamic’s purpose-driven Term Investment Account-i is one of the bank’s various efforts to help businesses while driving positive impact among vulnerable segments and the community. 

If you hope to play a part in building a better future for the country with your business investments, head on over to CIMB’s website here for more information.

Disclaimer: The content of this article does 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). 

1 1 vote
Article Rating

SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Top Investment Articles
Post Image
Historical EPF Dividend Rates
ringgitplus
- 2nd March 2022
Ever wondered how this year's EPF dividend rate compares to previous years? We got you covered with our historical 11-year chart!
Post Image
You Can Now Redeem Your ASNB Units Online Via myASNB
Jacie Tan
- 20th April 2020
Starting today, Amanah Saham Nasional Berhad (ASNB) unit holders can redeem their ASNB units online via the myASNB […]
Post Image
How Much Can You Earn Via The 4% Bonus Return Campaign On TNG GO+?
Alex Cheong Pui Yin
- 11th November 2021
Last week, Touch ‘n Go (TNG) eWallet rolled out a Bonus Return campaign under its GO+ investment feature, […]
Post Image
Active Cryptocurrency Traders Are Required To Declare Their Gains For Income Tax
Alex Cheong Pui Yin
- 6th January 2021
The Inland Revenue Board (LHDN) has clarified that cryptocurrency investors who actively trade their assets at the digital […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image