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Islamic Stockbroking Window (ISBW)

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Islamic Stockbroking Window (ISBW)
In compliance with the Shariah principles, AmInvestment Bank with Shariah Advisors and AmBank Islamic brings you the ISB (window services).

Benefits

  • Approved and Halal trading

    Trading in Shariah-compliant (Halal) securities only as prescribed by Shariah Advisory Council of the Securities Commission**.

  • Shariah-compliant principles  

    Application of Shariah principles such as Wakalah (Agency), Rahn (Pledge), Kafalah (Guarantee/Indemnity) and Bai' (Buying & Selling).

  • Guaranteed Shariah-compliant  

    Compliance with Shariah principles, regulations, standards or rulings issued by Shariah Advisory Council of the Securities Commission and Bursa Malaysia Berhad.

  • No unjust gains

    No elements of Riba’ such as contra service charge, interest charges and interest income.

  • Fair compensation with Ta’widh

    Ta’widh (compensation) shall be imposed only on late or default payment by clients based on AmBank Islamic’s IIMM rate (currently at 6.15% p.a.).

  • Shariah compliant practices

    All banking transactions, financing, placement or investment shall be made within Shariah-compliant products or services.

Fees Schedule

Competitive brokerage rates of 0.05% or Minimum RM8.00 (Inclusive Service Tax at 6%) for Equities