Eligible existing and new commercial and corporate customers, local and foreign.
Eligible existing and new commercial and corporate customers, local and foreign.
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.
To finance the purchase of:
Based on customer's requirements and credibility to be agreed between the Bank and the Customer