alrajhi bank Malaysia

alrajhi bank Malaysia Fixed Deposit Rates

4.00%

best rate p.a.

Islamic · Term Deposit-i

Last updated 28 Oct 2026, 3:34 PM MYT · Reviewed by Raymond, Rates.my

Best rate

4.00%

per annum

Campaigns

FD products

Min deposit from

RM500

Tenures

1M, 2M, 3M, 4M, 5M, 6M, 7M, 8M, 9M, 10M, 11M, 12M

alrajhi bank Malaysia fixed deposit overview

alrajhi 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 4.00% p.a. on the MY alrajhi TD-i Advantage Campaign, with placements from RM500. Across 2 campaigns the available tenures are 1M, 2M, 3M, 4M, 5M, 6M, 7M, 8M, 9M, 10M, 11M, 12M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each alrajhi bank Malaysia FD campaign below, see what you'll need to open one, and read reviews from other depositors.

alrajhi bank Malaysia FD campaigns & rates

MY alrajhi TD-i Advantage Campaign

Q4 campaign, revised 9 Oct and running to 31 Dec 2026, app-only (MY alrajhi): 4.00% (12M) · 3.80% (6, 9M) · 3.75% (10, 11M) · 3.50% (3, 4, 5, 7, 8M) · 3.40% (2M) · 3.25% (1M). Min RM500 — one of the lowest entry points on this board, and now the best 12-month rate on it. Commodity Murabahah Term Deposit-i; PIDM-protected up to RM250,000.

PromoIslamicOnline only

4.00%

1–12 Months

Min deposit

RM500

Tenure

1–12 Months

Valid until

31 Dec 2026

Apply at alrajhi 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 alrajhi bank Malaysia →

Opening a alrajhi 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 alrajhi bank Malaysia before placing your deposit.

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Where to open

Online via alrajhi bank Malaysia internet or mobile banking.

☪️

Shariah-compliant

Offered as a Term Deposit-i, which pays a profit rate instead of interest (riba).

Withdrawing a Term Deposit-i before maturity usually forfeits some or all of the profit. Confirm the terms with alrajhi bank Malaysia before you commit.

alrajhi bank Malaysia fixed deposit FAQ

alrajhi bank Malaysia's highest fixed deposit rate listed here is 4.00% 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 alrajhi bank Malaysia website before applying.

The minimum placement starts from RM500.

Yes. alrajhi bank Malaysia offers a Term Deposit-i, the Shariah-compliant equivalent of a conventional fixed deposit: it pays a profit rate instead of interest.

Your IC (MyKad) or passport, and the deposit amount. You can open some alrajhi 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 31 Dec 2026 (indicative). Promotional campaigns can change or be withdrawn — always confirm the current offer and terms with alrajhi bank Malaysia.

Rates, tenures and promotions are indicative and time-limited — always confirm current terms with alrajhi bank Malaysia before placing a deposit. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by alrajhi 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.