Maybank Shariah Restricted Investment Account (SRIA)

is a Shariah investment product in which Investor Customer cooperates with the Bank and requires certain restrictions to the Bank, among others, specific investment objects (SRIA Underlying Assets) and in accordance with the Investor Customer's risk appetite.

Maybank SRIA Scheme

The figure above shows how investment funds are channeled selectively and structured in the Mudharabah Muqayyadah scheme. The following is an explanation of each stage depicted in the scheme:

1. Mudharabah Muqayyadah. Investor customers (Shahibul Maal) invest their funds to the Bank as the manager (Mudharib) with a profit sharing agreement, where the funds can only be used for certain financing (limited assets).
2. Disbursement of Financing in accordance with the requirements of Investor Customers. Funds from Investor Customers will be channeled by the Bank into Sharia financing provided to certain parties (referred to as the underlying assets of SRIA), in accordance with the terms and limitations agreed with Investor Customers with due observance of Sharia provisions. After signing the Non-Disclosure Agreement (NDA) with the Bank, the Investor Customer will be informed about the SRIA underlying assets, time period, rights and responsibilities of the parties.
3. Disbursement of financing by the Bank. The Bank disburses funds from the Investor Client to finance the underlying assets of SRIA in accordance with the approval of the Investor Client.
4. Business income. From the management of the SRIA underlying assets, the Bank earns business income/financing income in the form of margin, rent and/or profit sharing.
5. Profit sharing in accordance with the agreed profit sharing ratio. From the financing income that has been deducted by agreed costs, the Bank distributes to Investor Customers in accordance with the agreed profit sharing ratio. Profit sharing distribution is made on the income (cash basis) received from the management of the financed Assets. If the Bank has not yet obtained financing income from the SRIA Underlying Assets, then the profit sharing cannot be done.
6. Investor Customer's return of investment funds. The return of investment funds to Investor Customers is adjusted to the repayment schedule of the SRIA underlying assets to the extent that the Bank has received a return of investment funds from the SRIA underlying assets.

Fitur