Affin Islamic Bank Savings Account-i
Islamic Bank Accounts in Selangor
Entry-level Islamic savings account from Affin Islamic Bank: open from age 12 with RM100 initial deposit and RM10 minimum balance, Visa debit card, passbook or e-statement, and full internet banking. PIDM-protected up to RM250,000.
A straightforward starter account from a full-fledged Islamic bank. The age-12 entry and passbook option suit parents opening accounts for children, and PIDM protection is stated plainly. But the page publishes neither the profit rate nor the contract, so diligent savers must click through to the deposit-rates page and PDS - a step peers like Alliance (dated on-page hibah table) save you. Crawled 6 Aug 2026.
Pros
- Low entry: RM100 to open, RM10 to maintain, age 12 minimum
- Full-fledged Islamic bank - every product on the shelf is Shariah-compliant
- Physical passbook option still available alongside e-statements
Cons
- No profit-rate table or Shariah contract named on the product page
- Branch-era product design; digital banks pay materially higher savings returns
Open Account
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Affin Islamic Bank in Selangor
Affin Islamic Bank's account serves customers in Selangor. 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. Affin Islamic Bank operates across Malaysia, so Selangor residents have full access to this product.
Shariah Compliance & Oversight
Overseen by the Shariah Committee of Affin Islamic Bank Berhad, a standalone full-fledged Islamic bank (operating since 1 April 2006), chaired by Assoc. Prof. Dr. Kamaruzaman Noordin per the bank's committee page (crawled 6 Aug 2026). BNM-licensed under IFSA 2013; PIDM member.
2026-08-06
Why It's Halal
Offered by Affin Islamic Bank Berhad, a standalone full-fledged Islamic bank operating since 1 April 2006 (wholly-owned by Affin Bank Berhad) whose entire product shelf is Shariah-compliant under its Shariah Committee. The page markets it plainly as a Shariah-compliant savings account; deposit rates are published on the bank's central deposit-rates page linked from the product page. Crawled 6 Aug 2026.
Regional Availability
Affin Islamic Bank serves all of Malaysia
✓ Available nationwide including Selangor
Open Account: Affin Islamic Bank
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NationwideFrequently Asked Questions
What is Affin Islamic Bank Savings Account-i?
Why is Affin Islamic Bank Savings Account-i considered halal?
Is Affin Islamic Bank Savings Account-i available in Selangor?
What Shariah oversight does Affin Islamic Bank have?
What financing structure does Affin Islamic Bank Savings Account-i use?
How do I apply for Affin Islamic Bank Savings Account-i in Selangor?
Which Islamic banks operate in Selangor?
Does zakat paid in Selangor reduce my income tax?
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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.