Bank Muamalat

Bank Muamalat One Reach Current Account

This is an Al-Mudharabah current account, allowing the bank to safely conduct investments using your deposits for the profit of both you and the bank.

    • Islamic account
    • Account Statement
    • No Introducer Required
  • Min. AmountMax. AmountProfit Rate
    RM1RM19990.4% p.a.
    RM2000no maximum1.5% p.a.


What would make it different?

Online Banking
PIDM Protected

Fees & Charges

There are always fees but how much are they?

MEPS Withdrawal Fee
Early Closure Fee
Dishonoured Cheque Fee
Stop Payment Cheque Fee


Are you eligible for this account?

  • Malaysians
  • Permanent Residents
  • Minimum Age
    18 years old
    Minimum Initial Deposit

    Frequently Asked Questions about Bank Muamalat One Reach Current Account

    Things you might want to know

    What is the One Reach Current Account?

    One Reach Current Account is an Islamic banking current account which is based on Islamic concept of Al-Mudharabah. All the business activities will be carried out within the Shariah guidelines.

    The profits from investment will shared between both parties which is the bank and account holders according to a mutually agreed ratio.

    What are some of the special features of this account?

    Current account holders can enjoy FREE five MEPs interbank ATM withdrawals per month with a minimum account balance of RM5,000. Also, you are entitled for 1 year FREE coverage of Takaful PA and Khairat when you make a minimum deposit of RM5,000 upon opening the account. 

    Who can apply for this account?

    Malaysians, non Malaysians residents and permanent residents who aged 18 years and above are eligible for this current account. Any clubs, companies and assosiation are also eligible to open this current account but make sure your activities are not prohibited by Shariah and Malaysian law.

    Do I need an introducer to open One Reach Current Account?

    No, you don't need any introducer to open this One Reach Current Account.

    What is the minimum deposit required to open this account?

    To open this current account, you are required to bring a minimum deposit of only RM100 and don't forget to bring other relevant supporting documents as well as your complete application forms. 

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