RHB Islamic Bank Current Account-i
Islamic Bank Accounts in Johor
RHB Islamic's chequing account family with printed profit tiers effective 28 August 2025: the standard Current Account-i offers two options, with Option 2 paying 0.55% p.a. on balances up to RM500,000, 0.70% to RM1,000,000 and 1.00% above RM1,000,000 (Option 1 pays 0.00% across tiers). The Premier Current Account-i pays up to 1.70% p.a. on balances above RM1,000,000 under a split-tier calculation method introduced 1 February 2024. PIDM protected (crawled rhbgroup.com 2026-08-06).
For working balances above half a million ringgit, RHB Islamic's chequing tiers (up to 1.00%, or 1.70% on Premier) are the strongest printed current account economics among the six banks, beating Public Islamic's CM Plus tiers at most bands. Below RM100,000 every option pays zero, so small operators should treat it as purely transactional.
Pros
- Best printed current account yields in the cluster for RM500,000+ balances
- Transparent split-tier methodology note
Cons
- Balances below RM100,000 earn nothing on either option
- Contract name not restated on a static product page
Open Account
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Product Details
Account Type
Current account
Structure
Tiered profit under split-tier computation (each balance band earns its own rate)
RHB Islamic Bank in Johor
RHB Islamic Bank's Current account serves customers in Johor. Malaysian Islamic accounts pay contracted Tawarruq profit or discretionary hibah depending on the underlying contract, never interest. Deposits at PIDM member banks are protected up to RM250,000 per depositor per member bank; check each provider's membership status, which our profiles document. RHB Islamic Bank operates across Malaysia, so Johor residents have full access to this product.
Shariah Compliance & Oversight
RHB Islamic Bank's Shariah Committee is profiled in the RHB Integrated Report 2024 published on rhbgroup.com: Azizi Che Seman (Chairman, appointed 1 February 2023; also Chairman of Agrobank's Shariah Committee and of the AIBIM Shariah Advisory Committee), Mohd Zubir Awang (appointed 1 April 2023), Dr. Md. Nurdin Ngadimon (appointed 1 May 2022; former Deputy Director, Securities Commission Malaysia), Dr. Abdul Rahman A. Shukor (appointed 1 May 2021) and Assoc. Prof. Dr. Siti Salwani Razali (appointed 1 October 2015). The committee was established under RHB Islamic Bank Berhad pursuant to BNM's Shariah Governance framework (RHB Integrated Report 2024, rhbgroup.com, crawled 2026-08-06).
2026-08-06
Why It's Halal
Both accounts are printed on RHB's Islamic rate schedule within the Commodity Murabahah deposit family, separate from the conventional My1 and Premier current account tables, with profit (not interest) labelling and effective dates. Oversight is RHB Islamic Bank's five-member Shariah Committee (RHB Integrated Report 2024). Caveat: contract per account is not restated on crawlable product pages; the Islamic rates schedule is the primary evidence (crawled rhbgroup.com 2026-08-06).
Regional Availability
RHB Islamic Bank serves all of Malaysia
✓ Available nationwide including Johor
Open Account: RHB Islamic Bank
Visit RHB Islamic Bank's website to get current terms, check eligibility for Johor, and get started today.
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NationwideFrequently Asked Questions
What is RHB Islamic Bank Current Account-i?
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Is RHB Islamic Bank Current Account-i available in Johor?
What Shariah oversight does RHB Islamic Bank have?
What financing structure does RHB Islamic Bank Current Account-i use?
How do I apply for RHB Islamic Bank Current Account-i in Johor?
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Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.