CIMB Islamic rolls out Sustainable Term Investment Account-i

KUALA LUMPUR: CIMB Islamic Bank Bhd has introduced its first Sustainable Term Investment Account-i (Sustainable TIA-i) tranche, a purpose-driven investment offering for businesses including small and medium enterprises.

In a statement, the bank said the Sustainable TIA-i fund placements will be invested into eligible Shariah-compliant sustainable financing assets that are aligned to CIMB Group’s priority sustainable development goals.