What do I need to know about AmIslamic ValuePlus Term Deposit-i?
AmIslamic ValuePlus Term Deposit-i combines the benefits of AmIslamic Term Deposit-i and AmIttikal, a unit trust fund investment. Receive profit from overall gains from both products following a pre-determined profit sharing ratio.
What is the maximum placement tenure for this investment product?
First, you will need a minimum of RM5,000 to be eligible for this investment product with AmIslamic. You can choose either to place your term deposit-i for one, three, or six months.
Can I withdraw my investment before maturity?
Yes, you can. However, AmIslamic will not pay you any profit for premature withdrawals made within 3 months of the placement date. After 3 months, you get half of the quoted profits.
Can I partial withdraw my fixed deposit?
Unfortunately, you will be unable to do so!
Is this investment protected?
Only the term deposit-i portion of this investment is protected by PIDM.