Based on the Shariah principle of Murabahah via Tawarruq
The Facility is a non-revolving Shariah compliant financing facility that has a predetermined maturity date and payment schedule.
The Facility is generally used for financing the purchase of fixed assets such as properties or machineries and sometimes for working capital.
Attractive Financing Scheme
- Break away from traditional fixed rate financing
- Competitive rates for more cost savings
- Long financing tenure
- Prepayment or early settlement allowed for further savings
- Grace Period for eligible cases
Stamp Duty Waiver
Entitlement for waiver for eligible cases *
Rebate shall be granted at the point of settlement:
- in the event profit amount based on Effective Profit Rate is lower than the profit amount based on Contracted Profit Rate (ceiling rate);
- in the event of settlement by Customer before the maturity date
* Terms and conditions apply
Peace of Mind
- Enjoy competitive rates while the Ceiling Rate (contracted profit rate) PROTECTS against rate hikes, no matter how high it goes.
Flexible Payment Scheme
- Periodic Installment OR Fixed OR Multi-Tier Schedule Principal
- Monthly OR Quarterly OR Half-Yearly OR Annually
Edit here to enter details for document download
Edit here to enter details for productdetail page promotion