AmBank Islamic AmQuantum Term Deposit-i

Received your profit quarterly without having to wait for maturity with this AmQuantum Term Deposit-i. Store your cash for up to 60 months!

AmBank Islamic AmQuantum Term Deposit-iQuarterly Returns
Min. Deposit
RM5,000
Auto-renewal
Yes
Daily Interest
No
Early Withdrawal
No

Fixed Deposit Calculator

Profit Rate

What you earn based on the amount that you have in your account

You DepositDeposit PeriodEffective Profit Rate
min. RM5,00015 to 21 months1.45% p.a.
min. RM5,00024 months1.5% p.a.
min. RM5,00036 months1.55% p.a.
min. RM5,00048 to 60 months1.6% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM5 Service Charge
Additional Statement Request
RM5 per document

Requirements

Minimum Age
  • 18 years old
Who can apply
  • Any nationality
  • Associations
  • Clubs and Societies
  • Companies
  • Cooperatives

More Information

What do I need to know about AmBank Islamic AmQuantum Term Deposit-i?

This investment account is a Syariah compliant investment account based on the Islamic concept of Commodity Murabahah, where you appoint AmIslamic as your agent to conduct and execute a Syariah compliant investment on your behalf - for the profit of both!

To open this Term Deposit-i, you need a minimum of RM5,000. You can choose to place your investments for 15, 18, 21, 24, 36, 48 or a maximum of 60 months.

It is also compulsory to have a Savings or Current Account with the bank, as your profit will be credited to this account. 

To open a Savings Account, the minimum deposit is RM20.

How do I withdraw the money?

You can choose to receive your profit every quarter where the bank will credit it into your Savings or Current Account. 

Optional is to withdraw the profit together with your investment when it is matured.

Can the bank automatically renew it?

Yes, if the bank does not receive any instruction from you.

Can I still get the interest if I withdraw the money earlier before the tenure expired?

This depends on how long you have placed the investment. 

If you withdraw your investment in less then three months, the bank will not pay you any profit. If it is more than three months of placement, you will get the profit at lower profit rate on each completed months.

Partial withdrawal from account is NOT allowed.

Is this protected?

As this is an investment product, thus, the benefits of PIDM coverage for deposit products are not applicable.

Is there any risk with this investment? 

Yes, there are market risk where you may received a different profit rate as the profit is only determined on maturity date as well as credit risk as this is a deposit account.