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FINANCING

Commodity Murabahah Term Financing-i

A Shariah based term financing facilities for acquiring completed or under construction assets, refinancing the existing properties, financing commitments or for working capital.

Who Can Apply


Eligible existing and new commercial and corporate customers, local and foreign.

   

Shariah Contract


The Shariah contract applied for CMTF-i is Murabahah (cost plus profit sale) via Commodity Murabahah/Tawarruq arrangement.  It is a method of sale with a mark-up price whereby the Customer makes payment over an agreed period of time. The underlying asset for the sale transaction between the Customer and the Bank will be a specific tradable Shariah-compliant commodity.

Purpose


To finance the purchase of:

  • Completed property/ asset
  • Property/ asset under construction
  • To refinance the existing properties/ assets
  • Refinancing of existing financing commitments
  • For working capital
  • For contract financing
  • For other viable business ventures

Tenure


Based on customer's requirements and credibility to be agreed between the Bank and the Customer

Types of Currency


CMTF-i: Ringgit (MYR)


Foreign Currency CMTF-i:

  • Australian Dollar (AUD)
  • Euro Dollar (EUR)
  • Pound Sterling (GBP)
  • US Dollar (USD)
  • Arab Emirates Dirham (AED)