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What is CIMB StarSaver-i (based on Commodity Murabahah)?

CIMB StarSaver-i (based on Commodity Murabahah) is a checking and/or savings account using the Shariah concept of Murabahah (mark-up) to facilitate the deposit-taking activity from you to the bank. The deposits collected will be managed in accordance with Shariah and you are eligible to earn a profit of up to 0.70% p.a. You will also enjoy the benefit of no fall-below fees. Profit rate is subject to change. Eligibility of profit is based on maintaining at least S$5,000 in a combined checking and savings account, or S$1,000 in a savings account on any given day.

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