Looking to acquiring
assets? With Term Financing-i, we can help you finance
your assets acquisitions.
Islamic Banking Concepts –
Bai Bithaman Ajil
Under the Bai Bithaman Ajil concept, the Bank will
purchase the asset at cost and sell the same to
the customer at cost plus profit. The customer will
then settle his purchase price on deferred payment
basis to the Bank.
Margin of Financing
Up to 70%* of the market value or last transacted
price of the security whichever is lower.
Period of financing
Minimum of one to twelve years depending on your
needs.
Available For •
Private Limited Companies • Public Limited
Companies
Requirements to Apply
For us to know you better, we need the following
documents: • Company profile •
Your company product brochures • Profile
of management team and directors • Certified
True Copy of Business Registration, Form B and D
• Certified True Copy of M&A, Form 24,
44, and 49 • Photocopy of Guarantor’s/Proprietor’s/Partner’s
IC • Audited accounts for the last 3 years
and latest management account • Latest
6 months bank statement • List of clients
and suppliers • Debtors & creditors
ageing report • Suppliers’ quotation
for equipment to be purchased
Additional documents if applicable:
• Letters of Awards / Contracts
• Relevant Permits / Licenses / Certification
of SIRIM
• Production process flow
• List of completed / present / future projects
