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  Group Business Banking > HL Markets > Islamic Money Market Instruments > Acceptance Bills |
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Acceptance Bills AB-i is usually issued to finance exports or sales on "halal" goods or commodity. It is a negotiable instrument, which may be sold to investors. This is an alternate form of short-term investments offered to our customers in place of SIA of less than 1 monthThe AB-i is formulated based on the Shariah contract of murabahah (cost-plus) and bai’ dayn (debt trading).
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Copyright © Hong Leong Islamic Bank. Use of the information on this page is intended for Malaysian citizens and Malaysian residents only and all contents on this website are governed by Malaysian law and are subject to the disclaimer which can be read on the disclaimer page. |