• CASH WAQAF WITH BSN DEPOSIT ACCOUNT
    Channel your returns to those in need

    Benefits

    • Automatic donations
    • Reputable organisations
    • Contribution to Waqaf is eligible for tax refund
    • Opt in or opt out at any time
    • No fees, no hassle

    Cash Waqaf can be opted in from either your GIRO or GIRO-i.

    Profit and interest are both acceptable for the purpose of donating to Waqaf organisations.

    Walk into any BSN Branch to request to opt in for Cash Waqaf.

    CASH WAQAF WITH BSN DEPOSIT ACCOUNT
    Channel your returns to those in need

    Benefits

    • Automatic donations
    • Reputable organisations
    • Contribution to Waqaf is eligible for tax refund
    • Opt in or opt out at any time
    • No fees, no hassle

    Cash Waqaf can be opted in from either your GIRO or GIRO-i.

    Profit and interest are both acceptable for the purpose of donating to Waqaf organisations.

    Walk into any BSN Branch to request to opt in for Cash Waqaf.

Cash Waqaf through Profit Debiting is an optional service whereby your GIRO/-i profits or interest earned on your savings will be contributed to Waqaf organisations automatically.

FEATURES & REQUIREMENTS

REQUIREMENTS & ELIGIBILITY

Individual accounts

Must have a GIRO/-i account with BSN

FEATURES

ProductGIRO/-i only
FrequencyMonthly
Waqaf Donation amount100% of the monthly profit or interest credited to the account
Illustration

Profit earned on RM5,000 savings GIRO/-i for the month of January:
RM5,000 x 0.25% x 31/365 = RM1.06

Amount deducted and channeled to Waqaf = RM1.06

Choose between the following participating Waqaf organisations
  1. Yayasan Waqaf Malaysia
  2. Perbadanan Wakaf Selangor
  3. Jariah Wakaf Johor
  4. Wakaf Pulau Pinang
  5. Majlis Ugama Islam Sabah
  6. Tabung Baitulmal Sarawak
  7. Majlis Agama Islam Kelantan
  8. Majlis Agama Islam Negeri Sembilan
  9. Wakaf Pahang
Fees & ChargesNone

IMPORTANT INFORMATION:

  • Once your account has opted in for Cash Waqaf, the account’s entire credited profit/ interest amount will be deducted every month. You may opt out at any time that is immediately effective by visiting any BSN Branch.
  • Profit / interest on GIRO/-i is credited to your account monthly at the end of the month. The deduction of the profit / interest amount may take up to 2 days after the amount has been credited to the account before being channeled to your chosen Waqaf organisation.
  • Profit / interest which has been deducted is non-refundable.
  • No deduction will take place if there is no profit / interest credited to the account for the month.
  • For issuance of receipt, please refer to the respective Waqaf organisation.

NOTES:

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