Sharia-Compliant Investment with Competitive Profit Sharing

iB Time Deposit

Sharia-Compliant Investment with Competitive Profit Sharing

Time deposit based on the Mudharabah Mutlaqah contract.

Secure and Planned Sharia-Compliant Investment

Based on Sharia Principles

Bank Jakarta iB Time Deposit operates in accordance with Sharia principles, utilizing the Mudharabah Mutlaqah contract.

Tenor Options

With an initial placement of IDR 1,000,000, Bank Jakarta iB Time Deposit offers tenor options of 1, 3, 6, 12, and 24 months to suit your needs. It includes Automatic Roll Over (ARO) and Non-ARO facilities, as well as an add-back option (profit sharing added to the principal deposit).

Additional Benefits

No penalty fee is charged for early withdrawal prior to maturity. Furthermore, the deposit can be utilized as financing collateral and is insured by the IDIC (LPS) in accordance with applicable regulations.

Ratio, Fees, and Simulation

Tenor

Customer Ratio:: 35.73%35.73%
Bank Ratio:: 64.27%64.27%
Indicative Profit Sharing:: 2.50%2.50%

Tenor	Customer Ratio	Bank Ratio	Indicative Profit Sharing
1 Month1 Month	35.73%35.73%	64.27%64.27%	2.50%2.50%
3 Months3 Months	42.88%42.88%	57.12%57.12%	3.00%3.00%
6 Months6 Months	42.88%42.88%	57.12%57.12%	3.00%3.00%
12 Months12 Months	42.88%42.88%	57.12%57.12%	3.00%3.00%
24 Months24 Months	42.88%42.88%	57.12%57.12%	3.00%3.00%

Registration Terms and Conditions

Possess a Bank Jakarta Savings and/or Current Account

Complete the Account Opening Form

Provide an e-KTP (Electronic Identity Card) and NPWP (Tax Identification Number) for Indonesian Citizens

Open a Time Deposit account at a Branch Office or via JakOne Mobile

Determine the fund placement amount

Select the deposit tenor

Specify Automatic Roll Over (ARO) or Non-ARO preference

Opt for the add-back facility, if desired

The deposit is activated and ready to generate profit sharing in accordance with applicable provisions

Additional Information

Benefits, Risks, and Other Information

Managed in accordance with Sharia principles.
Competitive profit-sharing returns.
Can be used as collateral for financing.
Can be used for zakat payments from the profit-sharing returns earned.
Guaranteed by LPS in accordance with applicable regulations.
Flexible with both ARO and Non-ARO options.
The profit-sharing ratio (nisbah) and projected returns may change in accordance with Bank policies, Bank Indonesia regulations, LPS regulations, and market conditions.
There is a maximum deposit insurance coverage limit by LPS of IDR 2 billion per customer per bank.
If the deposit is withdrawn before maturity, the customer will not receive the accrued profit-sharing returns.
Changes in the profit-sharing ratio may affect the amount of profit-sharing returns received by the customer.
This product complies with Sharia principles based on DSN-MUI Fatwa No. 02/DSN-MUI/IV/2020.
Withdrawal and deposit procedures follow the regulations of Bank Jakarta's Sharia Business Unit.
No stamp duty fee is charged for opening a deposit account.
Not available as a joint account ('AND' or 'OR'); only available in 'QQ' format.
A 20% tax on profit-sharing returns applies to average deposit balances exceeding IDR 7,500,000 in accordance with applicable regulations.
If there is a change in the profit-sharing ratio, the amount of profit-sharing returns received by the customer may change.
Lost deposit certificates cannot be replaced; only a legalized photocopy will be provided.
Information regarding fees, benefits, and risks may change in accordance with applicable regulations.