H.O.T Broking is an alternative Share Trading / Financing package from Maybank that is based on the principle of Murabahah. Under this contract, Maybank agrees to finance your share trading activities in approved Shariah counters listed in Bursa Malaysia.
The right way to invest in H.O.T
Maybank H.O.T Broking opens the way for end-to-end Shariah-inspired equities trading.
- HONEST views on Shariah-compliant stocks listed on Bursa Malaysia and other international bourses
- OPENS channels for all via Maybank2u, our Equity Investment Centres (EIC) and selected Maybank Branches
- TRANSPARENT information from purchase of stocks to trade settlement and removes any elements of uncertainty in compliance with Shariah principle
H.O.T Broking 1 (Share Margin Financing)
- Selling Price rate is capped at a ceiling rate so that you won't face fluctuation over the Selling Price Rate
- The effective rate is at par with the conventional rates
- Customers enjoy competitive rates
- Financing Tenure
- Minimum - 1 year
- Maximum - 5 years
- Financing Limit
- Minimum – RM50,000
- Maximum – RM20 million
- To increase your investment potential to trade in approved Shariah counters listed in Bursa Malaysia, H.O.T Broking provides you with the following funding options:
| TYPE OF COLLATERAL** |
Margin Facility* |
Trading Faciltiy |
TOTAL TRADING FACILITY |
| Approved Shariah Shares |
1.5x |
1.0x |
2.5x |
| GIA/FD |
2.5x |
1.0x |
3.5x |
| Cash |
1.5x |
1.0x |
2.5x |
H.O.T Broking 2 (Non-Margin Financing)
- If you choose to use your own funds to invest, your H.O.T Broking account will be debited on the purchase settlement date (T+3 = transaction date plus 3 trading days) based on availability of funds.
| TYPE OF COLLATERAL** |
TOTAL TRADING FACILITY |
| Approved Shariah Shares |
2.0x |
| GIA/FD |
3.0x |
| Cash |
3.0x |
H.O.T Broking Cash
- Shares purchase up to the amount of cash available in the account at the time of purchase
- No commitment fee on unutilized amount
- Convenient modes of payment via Variable Standing Instruction, Maybank2u.com, Kawanku Phone Banking or Maybank branches
- Convenient trading via Equity Investment Centres (EIC) and our internet banking portal, Maybank2u.com.
- Available only to Singaporeans and Bruneians.
Who Can Apply:
- Local & Foreign Individuals aged 21 to 65 years (muslim or non muslim)
- Corporations
- Institutions
- Singaporeans and Bruneians under foreign individuals
How do I Apply:
- Visit our Equity Investment Centres, Maybank Islamic Branches and Maybank branches
- Fill up the required Application Forms
- Via www.maybank2u.com
Required Documents:
- Application Form
- Certified True Copy of :-
- Identity Card (both sides)
- 3 months Bank Statement/Income Statement/Form J
- Latest Salary Slip
Fees & Charges:
| a. Initial Deposit for Account Opening |
|
i. Share Margin Financing |
: NIL |
|
ii. Non Share Margin Financing |
: NIL |
| b. CDS Fee |
: RM10 |
| c. Stamp Duty |
|
i. Share Margin Financing |
: Ad-valorem + RM10.00 per duplication of documents |
| d. Roll-Over Fee |
: NIL |
Equity Investment Centres (EIC)
Our Equity Investment Centres are spread across the country and managed by professional Investment Sales Executives to assist you in your investment needs. Our straight through processing system frees you from the hassle of dealing separately with brokers and banks. And remember to take the opportunity to enjoy the convenience of trading and lower brokerage via our internet banking portal, Maybank2u.com.
For further enquiries, contact our Equity Investment Centres, branches or log in to Online Stocks via www.maybank2u.com.
* Subject to the Bank’s Terms and Conditions
** Subject to Bank’s capping and any other collateral / security acceptable from time to time
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