A Shariah-compliant savings account that based on the contract of Qard refers to a contract of lending money by a lender to a borrower where the borrower is bound to repay an equivalent amount to the lender. Ownership of the money belonging to the lender is transferred to the borrower and the borrower is obliged to repay the lender in full.
Customer as lender lend his money to Maybank Islamic as borrower.
For greater convenience: Open, manage and close your account online. Make transactions through various platforms via Maybank2u.com, m2u Mobile, ATM Services and Kawanku Phone Banking.
Go cashless for a hassle-free shopping experience with Maybankard Debit feature. Get cross-border access to ATMs in selected countries, plus protection by PIDM (Perbadanan Insurans Deposit Malaysia).
Passbookless: check and view your monthly account statement (up to 3 months) via Maybank2u.com
First are you 18 years and above? A Malaysian or Permanent Resident? Opening a Personal or Joint Account?
And please note the minimum deposit of RM250.
Ok? Then next steps:
Visit your nearest Maybank/Maybank Islamic branch, bring along your original Identity Card (IC), Police or Armed Forces ID Card, Birth Certificate and MyKid for Malaysians, and Passport for non-residents or foreigners, as your primary document.
You may also need to bring secondary supporting documents such as:
A valid passport (if IC is produced as a Primary document), a valid driving license, utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice in the name and address of the customer opening the account, a Letter of employment or your Credit card.
And that's it!
We recommend you go through the small print in detail before you apply for this account.