Term Financing-i

  • Purpose
    To finance purchase of equipment / machineries
  • Shariah Concept
    Bai` `Inah
  • Margin of financing up to 80%
  • Financing tenure up to 10 years
  • No early settlement fees
  • No compounding profit
  • No commitment fees for unused amount
  • Protection against rise in financing profit rate through ceiling profit rate
  • Compulsory rebate (ibra') for early settlement
  • Competitive profit rate
  • Private Limited Companies
  • Public Limited Companies
  • Cooperatives
  • Detail information on purpose of financing
  • A valuation report of property to be charged as security if applicable
  • Cash flow and project profit & loss projection