CONTRACT-i To part finance the cost to complete the contract awarded |
Concept
Al-Istisna', Bai-Bithaman Ajil, Murabahah and Bai'Al-Inah |
Eligibility - Public Limited Companies
- Private Limited Companies
- Cooperatives(awarded contracts by the government, semi-government bodies, local councils and private companies recognised by Bank Rakyat)
|
Margin and Quantum of Financing
Financing of up to 80% of the contract cost |
Repayment Period - Not more than 6 months after the contract expires
|
Security | Guarantee - Assignment of contract proceeds
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