Monday, 26 October 2020,   09 Rabiulawal 1442H
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TemaNiaga-i Tawarruq

 
Business financing designed for micro entrepreneurs to grow their business.
 

Shariah Concept

Based on Shariah concept of Tawarruq which comprises of Bai Murabahah and Wakalah contracts using the commodity (underlying asset) provided by approved commodity provider.
 

Features

» Financing Purpose: Working Capital / Capital Expenditure / Renovation of Business Premises / Refinancing.
» Financing Amount: RM5,000 - RM50,000.
» Financing Period: 1 - 5 years.
» Business Sectors: Retail and Wholesale / Manufacturing / Services.
   

Eligibility

» Micro Enterprise (Sole Proprietorship / Partnership / Private Limited Company including Professional businesses).
» Malaysian owned business.
» Registered with Suruhanjaya Syarikat Malaysia (SSM) / Local Authority (LA) / respective Professional Bodies (for Professional business).
» Business has been in operation for at least two (2) years.
   

Required Documents

Sole Proprietorship / Partnership

Private Limited Company

A valid Business Registration with SSM or Business License with Local Authority (LA) / Certificate of Practice (for Professional business)

Certified True Copy (CTC) of the followings:

- Form 9, 24, 44, 49
- Memorandum & Articles of Association (M&A)

A copy of NRIC of sole proprietor / partners

A copy of NRIC of all Directors / Shareholders / Guarantors (if any)

Latest 2 years of Management Account

Latest 2 years of Audited Accounts / Management Accounts

Latest 6 months of Company’s Bank Statement

Latest 6 months of Company’s Bank Statement

Any other supporting documents as required by the Bank

Any other supporting documents as required by the Bank

Profit Rate

As low as 6.38% p.a.
   

How do I Apply?

Download and fill up the Application Form and send it to us.


Terms and conditions apply.