|
| |
|
Term Financing-i refers to a deferred sale contract under Bai' Bithaman Ajil concept. Under this contract, the Bank will purchase the required asset at cost and then sell it to you at a selling price (cost plus profit) on deferred payment basis at the duration and price agreed by both parties, payable by fixed instalments.
We provide you with medium and long term financing to acquire assets under fixed or floating rates, which may include:
- Shophouses/shoplots/office lots/buildings
- Plant and equipment
- Other appropriate assets
- Vessels (for transportation of petroleum products based on contract awarded by prominent oil and gas companies i.e. Petronas, Shell under Term Financing-i)
- Financing of development projects (housing, commercial, government)
|
| |
|
| |
- Option for fixed rate or floating rate
- Favourable margin of financing to suit your requirement
- Medium and long term financing period
- Improved future cashflow of the business as the affordable repayment is fixed over the financing period
- The facility can also be utilised to refinance assets owned by you
|
|
 |
|
|
| |
Leasing-i means leasing and subsequently purchase under the Ijarah Thumma Al-Bai concept. It refers to two contracts undertaken and subsequently as follows:
- Ijarah contract (leasing/renting) - Under the Ijarah contract, you lease/rent the goods from the Bank at an agreed price/rental over a specified period.
- Bai contract (purchase contract) - Upon expiry of the lease/rent period, you enter into a Bai contract to purchase the goods from the Bank at an agreed price.
We provide you with short to medium-term financing via leasing of assets such as:
- Factory equipment
- Heavy machinery, etc
|
| |
|
| |
- Favourable margin of financing up to 80% of the asset value
- Period of financing up to 5 years
- Option for fixed rate or floating rate
- Option to buy back at the end of lease period
|
| |
|
|
|
