|
Hong Leong Murabahah Revolving Credit-i
|
|
Based on tripartite arrangement of Murabahah for purchase orderer at Cost-Plus Sale |
|
|
Specially designed on revolving basis for convenient multiple utilization |
|
|
Provide short term financing for local purchases or imports |
 |
Types of assets that can be purchased are Shariah compliant stocks, inventories, intermediate goods and raw materials or any other working capital requirement |
 |
Method of payment is either by bullet payment of selling price upon maturity or profit servicing during the tenor and bullet payment of purchase price upon maturity |
*Product is available only at selected business centres

|