Qard is a Shariah contract of lending money by a lender (you) to a borrower (the Bank) where the latter is bound to repay an equivalent replacement amount to the lender.
Individual account (Trust) : 12-17 years old
Individual account (Adult) : 18 years and above
RM20
No service or maintenance change
Individual account : 18 years and above
Small and medium enterprises (SMEs)
RM500
No charges on the issuance of cheque book except for stamp duty incurred
* Protected by PIDM up to RM 250,000 for each depositor
* Click here for PIDM’s DIS Brochure
Note:
All Wadi’ah-based accounts will be converted to Qard effective 8 June 2018. Click here to view Announcement & FAQ on the conversion of Wadi’ah to Qard.
