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Mudharabah IA

SME First Account-i/ SME First Investment Account-i

The account that your business can rely on


  • Start with a deposit as low as RM1,000
  • Manage your account and transactions safely anytime and anywhere with Maybank2u Biz online banking platform
  • Enjoy unlimited withdrawals at your home branch, and counter services at Maybank’s wide branch network

Unlock the full potential of your SME First Account-i/SME First Investment Account-i with add-on solutions


Maybank2u Biz Online Bulk Payment

  • Enjoy the convenience of paying up to 100 payees at one go via our fully automated bulk payment system

Learn more


Merchant Point-of-Sales (POS)

  • Accept card payments from your customers with POS Card Terminal and cashless payment solutions including mPOS, QRPay, M2U and Maybank eCommerce payment Gateway
  • Enjoy 3 months’ fee waiver on your POS Card Terminal rental


Overseas Fund Transfer

  • Transfer your fund overseas seamlessly to more than 100 countries worldwide
  • Enjoy 20% discount on service fee when you make your transfer online

Learn more


Financing

  • Scale up your business with financial solutions tailored to your needs without collateral (subject to assessment)

Learn more


Life Protection Plan

  • Safeguard your business by protecting the key person in your business with the right insurance plan

Learn more

We have the right account for you


SME First Account-i

  • A Shariah compliant current account based on the contract of Commodity Murabahah (cost-plus-sale) where a specific asset as deemed fit by the Bank is identified and used as the underlying asset for the sale and purchase transaction between Bank and Customer.
  • Features:
    • Based on the principle of Commodity Murabahah (cost-plus-sale)
    • Low minimum initial deposit of RM1,000


SME First Investment Account-i

  • A Shariah-compliant investment account based on the principle of Mudabarah(profit sharing)
  • Earn potentially higher returns. Profit gained from the investment will be shared between you and Maybank based on an agreed profit sharing ratio (PSR)
  • Dividend is calculated daily and paid on a monthly basis, not subject to balance band or number of withdrawals
  • Not covered by PIDM (principal is not guaranteed)

Rates, fees and charges


Profit Rate and PSR for SME & BB (PMA-i) / SME First Investment Account-i

Balance Band

Indicative Profit Rate (% p.a)

Profit Sharing Ratio (Investor : Bank)

Any Balance

0.15

4 : 96


*Effective from 16 October 2021 to 15 November 2021


Service charge is RM10 per half a year, waived for accounts with an average balance of RM1,000 over this period.

RM20 is chargeable on early closure of account within 3 months of account opening.


Click here to view Investment Account Fund Performance Report (Q1 2016)

Click here to view Investment Account Fund Performance Report (Q2 2016)

Click here to view Investment Account Fund Performance Report (Q3 2016)

Click here to view Investment Account Fund Performance Report (Q4 2016)


Click here to view Investment Account Fund Performance Report (Q1 2017)

Click here to view Investment Account Fund Performance Report (Q2 2017)

Click here to view Investment Account Fund Performance Report (Q3 2017)

Click here to view Investment Account Fund Performance Report (Q4 2017)


Click here to view Investment Account Fund Performance Report (Q1 2018)

Click here to view Investment Account Fund Performance Report (Q2 2018)

Click here to view Investment Account Fund Performance Report (Q3 2018)

Click here to view Investment Account Fund Performance Report (Q4 2018)


Click here to view Investment Account Fund Performance Report (Q1 2019)

Click here to view Investment Account Fund Performance Report (Q2 2019)

Click here to view Investment Account Fund Performance Report (Q3 2019)

Click here to view Investment Account Fund Performance Report (Q4 2019)


Click here to view Investment Account Fund Performance Report (Q1 2020)

Click here to view Investment Account Fund Performance Report (Q2 2020)

Click here to view Investment Account Fund Performance Report (Q3 2020)

Click here to view Investment Account Fund Performance Report (Q4 2020)


Click here to view Investment Account Fund Performance Report (Q1 2021)

Click here to view Investment Account Fund Performance Report (Q2 2021)

Click here to view Investment Account Fund Performance Report (Q3 2021)

Eligibility


Interested? Find out if you are eligible

  • Sole proprietorship
  • Partnership
  • Private limited company
  • Professional


Ready to apply?

Already a Maybank Islamic SME or Business Banking customer? Submit your application online now in 3 simple steps:

  1. Maker ID to login to Maybank2u Biz and fill in application form under “Apply Online”
  2. Checker ID to login and approve application within 3 days after Step 1
  3. Visit the selected branch with the required supporting documents listed below, for verification and account activation (within 10 days for businesses registered with SSM, and within 7 days for other businesses

Apply online now

Don’t have an account with Maybank Islamic yet? Visit the nearest branch to apply or find out more.


Required documents:

Private Limited Company – all documents to be Certified True Copy by Company Secretary

  • Memorandum and Articles of Association/Constitution/CoSec Confirmation New Act Sec21
  • Copy of all directors’ identity card / passport (if foreigner) and authorised signatories
  • Certificate to Commence Business (for Public Companies Only)
  • Form 9 (Certificate of Incorporation of Private Company)/Notice of Registration
  • Form 13 (Change of Company Name)/Notice of Registration of New Name
  • Form 24/Return for Allotment of Shares
  • Form 49/Notification of change in the Register of Directors, Managers & Secretaries
  • Common seal with company registration number
  • Resolution of the Board of Directors to open and operate the account. Download Board Resolution
  • Initial deposit/placement of RM1,000 (upon opening of account)

Sole Proprietorship and Partnership

  • Identity card/passport (if foreigner) of the proprietor/all partners and authorised signatories
  • Certificate of Registration/Business Registration
  • Form A (for Sole Proprietorship), Form B (for Partnerships) and Form D (Business License)
  • Deed of Partnership (for Partnership only)
  • Letter of Introduction
  • Common seal with company registration number
  • Mandate Letter
  • Initial deposit / placement of RM1,000 (upon opening of account)

More Information


Terms & Conditions apply

  1. Click here for Specific Terms and Conditions.
  2. Click here for Terms and Conditions Governing Deposit Account for Islamic Banking
  3. Click here for Terms and Conditions Governing Mudarabah Investment Account(s) for Islamic Banking