KUALA LUMPUR: Hong Leong Islamic Bank Bhd (HLIB)has launched the Current Account-i and Savings Account-i (CASA-i) based on the principle of Tawarruq (Tawarruq CASA-i), with both being principal guaranteed deposit products.
Managing director and chief executive officer Raja Teh Maimunah Raja Abdul Aziz said the new Tawarruq CASA-i would replace outgoing CASA-i products and provide the same benefits previously enjoyed by customers, with the addition of certainty in returns.
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