Bank Muamalat Launches Islamic Savings Certificate (SSI) Fixed Term Account

Bank Muamalat Malaysia Berhad (Bank Muamalat) today (Aug 9) introduced the Islamic Savings Certificate (SSi), a new product under the Fixed Term Account-i with an improved Tawarruq concept that aims to encourage people to save and at the same time reward customers .

 This product offers various exciting prizes amounting to more than RM3.0 million by giving customers two (2) chances to win RM1 million in November 2023 and February 2024. Islamic Savings Certificate (SSi) also introduces an additional draw for customers who eligible, to have the chance to become an SSi Millionaire as well as win lucrative prizes in nine (9) other categories, namely the Superb ‘Million’, Superb ‘Stylish’, Superb ‘Travel’, Superb ‘Salary’, Superb ‘Newgen’, Superb ‘Pensioner’ draws, Superb ‘Cash100k’, Superb State’, and Superb ‘Cash1000’.

Islamic Savings Certificate (SSi) is open to all new or existing customers aged 12 years and above. In addition, to ensure customer experience satisfaction, Bank Muamalat is committed to simplifying the registration process for participating in this product. Now, the public can subscribe to Islamic Savings Certificates (SSi) by opening an SSi account through various channels such as the Muamalat Application Platform (MAP), i-Muamalat Retail Internet Banking (RIB), or by visiting any nearby Muamalat Bank branch.

For existing customers, Bank Muamalat is still continuing the Super Saver 2023 campaign this year which starts from 1 March 2023 until 29 February 2024 for Tawarruq-i Savings Accounts and Mudarabah Unlimited Investment Accounts (SURIA).

However, the introduced Islamic Savings Certificate (SSi) product is the main campaign, giving customers access to new features and benefits, including the chance to win 754 prizes, with the main prize being RM1 million in cash, luxury cars (Mercedes C200 and Mercedes A200 ), travel vouchers, iPads, and other cash prizes. and Mudarabah Unlimited Investment Account (SURIA).

However, the introduced Islamic Savings Certificate (SSi) product is the main campaign, giving customers access to new features and benefits, including the chance to win 754 prizes, with the main prize being RM1 million in cash, luxury cars (Mercedes C200 and Mercedes A200 ), travel vouchers, iPads, and other cash prizes.

Bank Muamalat President and Chief Executive Officer Khairul Kamarudin, said, “Bank Muamalat is committed to guaranteeing a prosperous financial future for its valued customers. Today, we are excited to introduce Islamic Savings Certificates (SSi) that provide innovative, Shariah-compliant savings solutions, combining more attractive interest rates and flexible tenure options. Our mission is clear, to empower every individual in strengthening savings and ensuring financial resilience and, ultimately, creating “a better Life, together.”

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