CIMB Islamic Max InvestSave

Want to earn a higher returns than fixed deposits without the risk of capital loss? This Islamic savings-cum-investment plan may be what you are looking for.

CIMB Islamic Max InvestSave is a special deposit-investment account based on the Restricted Mudharabah concept whereby you are paid 95% on the profits and there is no interest earned. The good thing is you stand to make higher than FD returns and at the same time your principal is protected if held until maturity.

But this is really for the long haul investors as the tenure starts from a minimum of 15 years, up to a maximum of 30 years. This is a good plan if you can set aside a fixed amount every month to save towards your retirement, children’s education and even as a long-term saving goal as you are forced to save regularly for the entire period or you may lose your initial investment.

Perfect for individuals who lack financial discipline!