Investment Account

Al-Mudharabah or Trustee - Profit Sharing

Contract between investor and SFB for a tenor specified by investor. SFB will invest money deposited in accordance to Syariah principles at a pre-agreed profit sharing ratio.

• For Muslims and Non Muslims
  
• All individual customers
  
• Companies / Business enterprises
• Societies
  
• Clubs
  
• Associations

 Type of  account

• Personal
  
• Custodian (Below 15 years old)
  
• Joint Account
  
• Company / Society / Club / Association

RM 500.00

• Investment period from 1 month to 60 months
• Min RM500 for investment of 3 months and above
• Min RM5,000 for 1 month investment
• Profit Sharing Ratio in favour of investor
  - Currently at min
  50 (investor) : 50 (UMF)
• An investment certificate issued
• Investment return subject to company's total profitability
• Opportunity to share company's profit
  

Savings Account

Al-Wadiah Yad Dhamanah or Guaranteed Custody Contract between depositor and SFB. SFB will invest the money deposited and guarantee to pay the depositor on
demand part or the whole sum required.

 Eligibility

• For Muslims and Non Muslims
• All individual customers
• Societies
  
• Clubs
  
• Associations

• Personal
  
• Custodian (Below 15 years old)
  
• Joint Account
  
• Society / Club / Association

 Initial  Deposit

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Custodian Savings Account

Al-Mudharabah or Trustee Profit Sharing Contract between depositor and SFB. SFB will invest the money on depositor's behalf. All profits generated will be shared between depositor and SFB according to a mutually agreed ratio.

• Children age 15 and below
  
• Accounts to be opened by parent / legal guardian
• Minimum initial deposit : RM 1.00

 Features

• Al-Faaiz passbook
  
• FREE Al-Amin Card
  
• FREE Takaful Group Personal Accident Coverage for account with minimum balance of RM 250.00
  
• Once a month withdrawal / transfer frequency
  
• Parent / guardian can determine the withdrawal / transfer
  limit for the child through Al-Amin card not exceeding RM 500.00
  
• No withdrawal / transfer limit for transaction over the counter
  
• Wide branches network
  

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Savings Account

Al Mudharabah or Trustee - Profit Sharing contract between investor and SFB. SFB will invest the money on depositor's behalf. All profits generated will be shared between depositors and SFB according to a mutually agreed ratio.

 Eligibility

• For Muslims and Non Muslims
• All individual customers above 15    years of age
• Societies
• Clubs
• Associations

• Personal
• Joint Account
• Society / Club / Association
  

• RM50.00 in cash

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Vehicle Financing

Al-Ijarah Thumma Al-Bai (AITAB) or Hire Purchase

• Customer identifies the car or vehicle to be hired and applies for financing from SFB
• SFB will purchase the vehicle identified and subsequently hire to the customer at an agreed monthly rental over a specified period
• At the expiry of the hiring period, the customer will be given the option to purchase the vehicle under hire

 Who can  apply

• For Muslims and Non Muslims
• Individuals aged 18 years and above
• Sole proprietorship
• Partnership
• Companies
• Other Business Enterprises

• Passenger vehicles
• Light commercial vehicles

• New / used vehicles
• Wide financing selection of popular passenger cars to light commercial vehicles
• Maximum margin of financing of up to 90%*
• Up to 84 months repayment* OR 60 years of age whichever is earlier
• Fixed and competitive profit rate

* subject to eligibility and Bank Negara Malaysia Guideline

House financing

• Customer identifies house to acquire
• SFB purchases the house and sells to customer at an agreed Selling Price
• Selling Price comprises of financing amount and profit margin
• Customer pays monthly instalment until settlement of Selling Price

• For Muslims and Non Muslims
• Individuals aged 18 years and above
• Sole proprietorship
• Partnership
• Associations
• Companies

 Scope of
 financing

• Residential House
• Apartment / Condominium
• Flat
  

• Profit rate as low as 4.50%*p.a. on monthly rest (first 2 years)
• Maximum margin of 95%* financing
• Applicable for completed / properties under construction
• Repayment up to 47*years or 65 years of age
• Fixed Selling Price - not affected by BLR changes
• Can opt to service lower monthly installment during construction
• Security deposit requirement as low as *1 month instalment
  
  * subject to eligibility

Al-Bai Bithaman Ajil (BBA) or Deferred Payments Sale

• Customer identifies property to acquire
• SFB purchases the property and sells to customer at an agreed Selling Price
• Selling Price comprises of financing amount and profit margin
• Customer pays monthly instalment until settlement of Selling Price

• For Muslims and Non Muslims
• Individuals aged 18 years and above
• Sole proprietorship
• Partnership
• Associations
• Companies
  

 Scope of
 financing

• Shop Houses / Shop Lots / Office Lots
  
• Factory Lots
  
• Land Lots

• Profit rate as low as 4.50%*p.a. onmonthly rest (first year only)
• Maximum margin of 85%* financing
• Applicable for completed / Properties under construction
• Repayment up to 20 years or 60 years of age for individual
• Fixed Selling Price - not affected
  by BLR changes
• Can opt to service lower monthly instalment during construction
• Security deposit requirement as low as 3 months' instalment

  * subject to eligibility and package offered from time to time

• SFB purchases the Unit Trust specified by customer and sells to customer at an agreed Selling Price
• Selling Price comprises of financing amount and profit margin
• Customer pays the Selling Price by way of deferred monthly instalment

 Scope of  financing

• Approved Halal Unit Trust fund
• Facility offered under end-financing arrangement only

• Maximum margin of 67%* financing
• Maximum of 20* years repayment tenor
• Security deposit as low as *1 month installment

• Individuals aged 18 & above
• Corporate clients
• Other criteria as specified by Unit Trust Funds Manager

* subject to eligibility