All business entities such as private limited companies and co-operatives.
Tawarruq
To purchase land for project and to finance development of project.
Maximum 6 months upon project completion.
Charge and Service for Individuals | |
---|---|
Transaction | Charge |
Wakalah Fee | NIL |
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. |
Warna Teks
A A A ASaiz Teks
A+ A A-