Dear Valued Customers,

Effective 1 June 2026, certain fees and commissions relating to eligible Transactional Investment Account-i (Trx IA-i) products are exempted from Service Tax, subject to the conditions prescribed by the Royal Malaysian Customs Department (RMCD) under Service Tax Policy No. 1/2025 (Amendment No. 5) dated 1 July 2026.

The eligible CIMB Islamic Bank Berhad products are:

•      Daily Unrestricted Investment Account-i (DURIAN-i)
•      Special Mudarabah Investment Account-i (SMIA-i)
•      Daily Investment Account-i (DIA-i)

No action is required from you. Where applicable, the Service Tax exemption will be applied automatically based on the qualifying account and the relevant fee, charge or commission.

If Service Tax was charged on eligible fees or commissions from 1 June 2026 onwards, the Bank will review the affected transactions and process any applicable refund in accordance with the relevant requirements and procedures.

For more information on the Service Tax treatment, eligibility criteria and refunds, please refer to the FAQ on SST.

We remain committed to keeping you informed of regulatory changes that may affect our products and services. Should you require further assistance, please contact us.

Thank you. 

The Management

CIMB Islamic Bank Berhad