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Hong Leong Commodity Murabahah Term Financing-i
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Based on a tripartite arrangement where the Bank purchases a specified commodity from a supplier in the market on spot basis and sell it to customer (on cost plus). Customer then, sells it to the market for cash |
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The purpose of financing is for purchase of factories / warehouses / commercial buildings / shop houses, Shariah compliant stocks, inventories, intermediate goods and raw materials or any other working capital requirement |
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Periodic instalment payments based on fixed profit rate until the sales price is fully paid off |
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Allowed to make early payment or settlement that will provide further savings |
*Product is available only at selected business centres
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