Al Rajhi Bank Malaysia

Al Rajhi Bank Malaysia Fixed Deposit Rates

3.80%

best rate p.a.

Islamic · Term Deposit-i

Last updated 13 Sep 2026, 2:48 PM MYT · Reviewed by Raymond, Rates.my

Best rate

3.80%

per annum

Campaigns

FD products

Min deposit from

RM500

Tenures

1M, 2M, 3M, 6M, 9M, 12M

Al Rajhi Bank Malaysia fixed deposit overview

Al Rajhi Bank Malaysia is an Islamic bank in Malaysia. Its best term deposit-i (the Shariah-compliant equivalent of a fixed deposit) rate listed here is 3.80% p.a. on the MY alrajhi TD-i Advantage Campaign, with placements from RM500. Across 2 campaigns the available tenures are 1M, 2M, 3M, 6M, 9M, 12M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each Al Rajhi Bank Malaysia FD campaign below, see what you'll need to open one, and read reviews from other depositors.

Al Rajhi Bank Malaysia FD campaigns & rates

MY alrajhi TD-i Advantage Campaign

Campaign 22 Aug–30 Sep 2026, app-only (MY alrajhi): 3.80% (6, 9, 12M) · 3.75% (7, 8, 10, 11M) · 3.50% (3–5M) · 3.40% (2M) · 3.25% (1M). Min RM500 — one of the lowest entry points on this board. Commodity Murabahah Term Deposit-i; PIDM-protected up to RM250,000.

PromoIslamicOnline only

3.80%

1–12 Months

Min deposit

RM500

Tenure

1–12 Months

Valid until

30 Sep 2026

Apply at Al Rajhi Bank Malaysia →

Upfront TD-i Quick Returns

Campaign 1 Sep–31 Dec 2026, app-only (MY alrajhi): 3.70% (6, 9, 12M) · 3.40% (3M) · 3.15% (1M), min RM500 with no maximum. The profit is credited to your account THE DAY AFTER placement — you get the return upfront while the deposit runs, unlike every other FD here which pays at maturity. PIDM-protected up to RM250,000.

PromoIslamicOnline only

3.70%

1, 3, 6, 9, 12 Months

Min deposit

RM500

Tenure

1, 3, 6, 9, 12 Months

Valid until

31 Dec 2026

Apply at Al Rajhi Bank Malaysia →

Opening a Al Rajhi Bank Malaysia fixed deposit

🪪

Identification

Your MyKad (IC) if you're Malaysian, or passport for non-residents.

💵

Minimum deposit

From RM500 — varies by campaign.

✅

Funds

No fresh-funds rule is noted for these rates, but confirm eligibility with Al Rajhi Bank Malaysia before placing your deposit.

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Where to open

Online via Al Rajhi Bank Malaysia internet or mobile banking.

☪️

Shariah-compliant

Offered as a Term Deposit-i — a profit-sharing structure with no interest (riba).

Breaking a fixed deposit before maturity usually forfeits some or all of the interest — confirm the terms with Al Rajhi Bank Malaysia before you commit.

Al Rajhi Bank Malaysia fixed deposit FAQ

Al Rajhi Bank Malaysia's highest fixed deposit rate listed here is 3.80% p.a. on the MY alrajhi TD-i Advantage Campaign, for a 1–12 Months tenure. Rates are indicative — confirm the current rate on the Al Rajhi Bank Malaysia website before applying.

The minimum placement starts from RM500.

Yes — Al Rajhi Bank Malaysia offers a Term Deposit-i, the Shariah-compliant (non-interest, profit-sharing) equivalent of a conventional fixed deposit.

Your IC (MyKad) or passport, and the deposit amount. You can open some Al Rajhi Bank Malaysia FDs online via internet or mobile banking, or at a branch. Promotional rates usually require fresh funds (money new to the bank).

The MY alrajhi TD-i Advantage Campaign promotional rate is valid until 30 Sep 2026 (indicative). Promotional campaigns can change or be withdrawn — always confirm the current offer and terms with Al Rajhi Bank Malaysia.

Rates, tenures and promotions are indicative and time-limited — always confirm current terms with Al Rajhi Bank Malaysia before placing a deposit. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Al Rajhi Bank Malaysia; the bank's name and logo belong to their respective owners. Spotted an error, or need a correction or takedown? Contact Raymond at raymond@rates.my.