Business Financing-i / Working Capital for Ar-Rahnu X'Change
To finance working capital requirement for Ar-Rahnu X'Change franchise business.
Fee and Charge
|Charge and Service for Individuals|
|Stamp Duty Fee||NIL|
|Early Settlement Fee||Rebate (Ibra’) will be given on the deferred profit|
|Commodity Trading Fee||RM15 will be charged for every RM1 Million (50:50 sharing basis). Minimum transaction is RM1,000.|
|Late Payment Charges||
During the financing period:
1% per annum on top of the outstanding payment.
After the financing tenure expires:
Shall not be more than the prevailing daily overnight Islamic Interbank Money Market rate (IIMM) on the outstanding balance.
Margin of Financing
Maximum 80% of the working capital requirement
Maximum 15 years