Contract-i

Tawarruq

Public Limited Companies
Private Limited Companies
Cooperatives(awarded contracts by the government, semi-government bodies, local councils and private companies recognised by Bank Rakyat)

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.

Financing of up to 80% of the contract cost

Not more than 6 months after the contract expires

Assignment of contract proceeds

For further information, you may visit our nearest branches or call our tele-Rakyat Contact Centre at 1-300-80-5454

* Terms and conditions apply.

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