Bank Muamalat

Bank Muamalat Fixed Deposit Rates

3.88%

best rate p.a.

Islamic · Term Deposit-i

Last updated 7 Sep 2026, 2:39 PM MYT · Reviewed by Raymond, Rates.my

Best rate

3.88%

per annum

Campaigns

FD products

Min deposit from

RM1,000

Tenures

9M, 12M

Bank Muamalat fixed deposit overview

Bank Muamalat is an Islamic bank in Malaysia. Its best term deposit-i (the Shariah-compliant equivalent of a fixed deposit) rate listed here is 3.88% p.a. on the Bank Muamalat TIA-i Elevate Campaign, with placements from RM1,000. Across 3 campaigns the available tenures are 9M, 12M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each Bank Muamalat FD campaign below, see what you'll need to open one, and read reviews from other depositors.

Bank Muamalat FD campaigns & rates

Bank Muamalat TIA-i Elevate Campaign

9M 3.80% · 12M 3.75% (RM5,000 min) · 3.85% for an Affluent RM50,000 single placement · 3.88% for an Affluent RM300,000 single placement. TIA-i is an investment account, not a deposit: profit is expected, not guaranteed, and NOT PIDM-protected. Fresh funds only, OTC branch placement only. Renewal reverts to the board rate. Campaign 1 Aug–31 Dec 2026.

PromoIslamicFresh funds

3.88%

9, 12 Months

Min deposit

RM5,000

Tenure

9, 12 Months

Valid until

31 Dec 2026

Apply at Bank Muamalat →

Bank Muamalat FTA-i Elevate Campaign

9M 3.75% · 12M 3.70% (RM5,000 min) · 3.80% for an Affluent RM50,000 single placement · 3.83% for an Affluent RM300,000 single placement. Fresh funds only, OTC branch placement only. PIDM-protected up to RM250,000 per depositor. Renewal reverts to the board rate. Campaign 1 Aug–31 Dec 2026.

PromoIslamicFresh funds

3.83%

9, 12 Months

Min deposit

RM5,000

Tenure

9, 12 Months

Valid until

31 Dec 2026

Apply at Bank Muamalat →

Bank Muamalat Fixed Term Account-i (board rate)

Board rates, effective 28 Jul 2025: 1.80% (1–2M) · 1.95% (3–5M) · 2.00% (6–12M) · 2.05% (18–24M) · 2.10% (36–60M). Min RM5,000 (1M), RM1,000 (2M+). Protected by PIDM up to RM250,000 per depositor. The Elevate Campaign (1 Aug–31 Dec 2026) pays up to 3.83% on a fresh-funds placement — see the bank-muamalat-fta-i-elevate entry below.

Islamic

2.00%

12 Months

Min deposit

RM1,000

Tenure

12 Months

Valid until

31 Dec 2026

Apply at Bank Muamalat →

Opening a Bank Muamalat fixed deposit

🪪

Identification

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

💵

Minimum deposit

From RM1,000 — varies by campaign.

✨

Fresh funds required

The promotional rates need fresh funds — money new to Bank Muamalat, not transferred from an existing Bank Muamalat account.

🏢

Where to open

At any Bank Muamalat branch — bring your IC and the funds.

☪️

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 Bank Muamalat before you commit.

Bank Muamalat fixed deposit FAQ

Bank Muamalat's highest fixed deposit rate listed here is 3.88% p.a. on the Bank Muamalat TIA-i Elevate Campaign, for a 9, 12 Months tenure. Rates are indicative — confirm the current rate on the Bank Muamalat website before applying.

The minimum placement starts from RM1,000. Some campaigns require up to RM5,000.

Yes — Bank Muamalat 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. Bank Muamalat FDs are typically opened at a branch. Promotional rates usually require fresh funds (money new to the bank).

The Bank Muamalat TIA-i Elevate 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 Bank Muamalat.

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