A Shariah compliant term financing facility for working capital requirement or capital injection or asset acquisition or redemption purposes that cater for business needs or project/contract financing.
| Item |
Description |
| Shariah Concept |
Murabahah Tawarruq |
| Who Can Apply? |
Small Medium Enterprise (SME)
|
| Facility limit |
Fixed Rate or Variable Rate capped at Ceiling Profit Rate
|
| Security/ Collaterals/ Guarantee |
Term Deposit, Property, Third party guarantee e.g. CGC, SJPP or any Shariah compliant guarantee provider
|
Financing Tenure
|
Up to 20 years |
| Fees & Charges |
Click here |
| Features |
- Facility to cater for business needs
-
Variable rate is capped at Ceiling Profit Rate
-
Rebate for early settlement
-
Non-compounded charges
|
Click
here for the product disclosure sheet.