Welcome to CIMB

For once, you don’t have to wait until maturity. With Why Wait, you make a deposit today and collect cash immediately. That’s not all! Besides a guaranteed deposit, you also enjoy from the fixed profit rate which is determined upfront.

Why Wait operates according to the concept of Tawarruq and Murabahah in relation to Commodity Murabahah. Thus, rest assured that your money will only be invested in Shariah-compliant activities.

Features and Benefits:
	Investment duration from 1, 2 and 3 months.
	Profit is fixed upfront.
	Highest profit rate for each deposit tenure.
	Instant payment of cash equivalent to the agreed profit will be paid immediately upon sign-up.
	Instant payment can also be made via cheque, demand draft* or funds transfer to a CIMB Islamic Bank or CIMB Bank Savings or Current Account.
	Automatic renewal for value-added investment.
	Option to pledge the certificate of deposit as security for financing facilities. (This is applicable for financing facilities under CIMB Islamic Bank and CIMB Bank only).
	Premature Upliftment Allowed through a rebate/ ibra’ clause whereby the customer agrees to give rebate in case of early demand of Murabahah Sale Price.
	Partial withdrawal Not allowed

Eligible for protection by PIDM. Click here for PIDM's brochure

Eligibility:
	Individuals aged 18 years and above who are either residents or non-residents – for a personal or joint account.
	Firms, companies, associations, societies, clubs etc.

Requirements:
	Minimum deposit placement of RM10,000 for a short tenure of 1, 2 or 3 months, with deposit increments in multiples of RM1,000.
	For individuals: copy of identity card or passport.
	For business enterprises: certified copy of company’s M&A, Form 24 and 49, company resolution, business registration form (sole proprietors/ partners) and copies of identity cards of all authorised signatories.
	For associations/societies/clubs: certified copy of organisation’s resolution, authority letter, rules and regulations, and copies of identity cards of all authorised signatories.

Why Wait Fixed Return Investment Account-i (Effective from 21/11/2011)

Product	Profit Sharing Ratio	Hibah / Net Profit Rate This is an indicative rate of return based on the previous month's performance. The actual return can be higher or lower than the indicative rate*
1 Month	N/A	3.00
2 Months	N/A	3.00
3 Months	N/A	3.05

Property Financing

Personal Financing