Bank Islam Savings Account Rate
Last updated 9 July 2026, 12:14 AM
Bank Islam savings account overview
Bank Islam is an Islamic bank in Malaysia. Its best savings account-i rate listed here is 2.75% p.a. on the Bank Islam Savings Account-i, with a minimum balance of RM20. The headline rate includes a bonus tier — check the condition below before assuming you'll earn the full rate. Compare each Bank Islam savings product below, see what you'll need to open one, and read reviews from other depositors.
Bank Islam savings products & rates
- ✓Shariah-compliant
- ✓Hibah (gift) returns
- ✓No riba
Opening a Bank Islam savings account
Bank Islam savings account FAQ
Bank Islam's highest savings account rate listed here is 2.75% p.a. on the Bank Islam Savings Account-i. Rates are indicative — confirm the current rate on the Bank Islam website before opening an account.
The Bank Islam Savings Account-i requires a minimum balance of RM20.
Maintain min RM1,000 monthly average. Without meeting the condition, you only earn the base rate of 0.25% p.a.
Yes — Bank Islam offers a Savings Account-i, the Shariah-compliant (non-interest, profit-sharing) equivalent of a conventional savings account.
Bank Islam savings accounts can typically be opened via online/mobile banking or at a branch — check the app first as some promotions are app-exclusive.
Rates and conditions are indicative and can change — always confirm current terms with Bank Islam before opening an account. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Bank Islam; 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.