Ihsan Sustainability Investment Account (ISIA)

(Not protected by PIDM)

Following the successful launch of the first Ihsan Sustainability Investment Account (ISIA), we are pleased to announce its continuation in the ISIA series. ISIA is designed to enable our clients to foster a nature-positive economy, enhance the resilience of our environment, and ensure inclusive growth across our society. With an attractive return of up to 4.30%* p.a. for thirty-six (36) months, make your investment work for you whilst creating value-based impact

*This is an indicative rate. Subject to the performance of the underlying investment assets

   

Investment Objective

To provide a differentiated investment solution based on new asset class, investing into non-retail financing and aligned to the United Nations’ Sustainable Development Goals (SDG) objectives.
  

Investment Strategy

Moderate risk investment to achieve capital preservation and steady returns
                        

Features
Investment Tenure
Investment Tenure Indicative Profit Rate
Twenty-four (24) months 4.20% p.a.
Thirty-six (36) months 4.30% p.a.
Offer Period 12 September 2024 – 15 October 2024
Investment Period 16 October 2024
Premature Withdrawal Not allowed during the investment tenure
Partial Withdrawal Not allowed during the investment tenure
Auto Renewal Not allowed
Currency Ringgit Malaysia (RM)
Description of the Underlying Assets
  • The fund will be invested in a diversified portfolio of the Bank’s non-retail assets, that are aligned to the United Nations’ (UN) Sustainable Development Goals (SDG) objectives and favourable Climate Change and Principle Based Taxonomy (CCPT) classification as per Bank Negara Malaysia’s (BNM) framework.
  • The sectors consist of renewable energy, green financing, clean transportation, clean water and sanitation, and sectors that contribute to sustainable cities and communities’ goals, amongst others.
Special Feature
 
  • Social impact contribution of 2.50% from the Investment Return of ISIA will be channeled to either Zakat or Sadaqa House, paid on yearly basis, where Bank Islam acts as an agent to the IAH in managing the allocation and payment of Zakat or Sadaqa House contribution on IAH’s behalf. (Note: All non-individual IAHs may opt to contribute to Sadaqa House)
  • Discover more about Sadaqa House here: https://www.bankislam.com/corporate-info/social-finance-bank-islam/sadaqa-house-bank-islam/
Mode of Operation Certificate
PIDM Insurable Not protected by PIDM

 

Eligibility & Requirements
Eligibility
  • Non-Retail
  • Retail (limited to High Net Worth Individuals)

    • Note: Exclude interbank counterparties, sole proprietorships, and Small Medium Enterprises (SME)
Minimum Investment Amount
  • Individuals: RM 50,000
  • Non-Individuals: RM 1.0 million

 

Contract
Wakalah Bil Istithmar This is a form of Wakalah contract (or agency contract) entered into for the purpose of investment. ISIA will be managed by Bank Islam on Wakalah Bil Istithmar basis where Bank Islam is an agent to manage the investment portfolio on behalf of IAH throughout the investment tenure.
Wakalah A contract in which a party (Muwakkil) authorises another party as its agent (Wakil) to perform a particular task, in matters that may be delegated, either voluntarily or with imposition of fee. Bank Islam is also an agent to the IAH in managing the allocation and payment of Zakat and/or Sadaqa House contribution on IAH’s behalf.

 

Fees & Charges

Subject

 Charges

Rate / Amount
Lost or destroyed Investment Certificate Stamp Duty will be charged for the Indemnity Letter regardless of the amount RM10.00 (stamp duty)

For account opening, please contact your respective Branch Manager, Deposit Manager & Deposit Marketing Executive.

For further assistance, please contact isiasupport@bankislam.com.my or call 03- 2782 1321/1114/1335/1320.

Opening Hours: 9:00am to 6:00pm, Monday to Friday (excluding Public Holidays for Wilayah Persekutuan)

 

Terms & Conditions
Product Disclosure Sheet