CMTF-i is a term financing for fixed asset acquisition and/or working capital and is calculated based on a fixed or variable rate basis.
The Shariah concept applicable for this product is Tawarruq whereby it consists of two (2) sale and purchase contracts where the first involves the sale of an asset by the Bank to the customer on a deferred basis and the subsequent sale of the asset by the customer to a third party on a cash and spot basis.
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Product Disclosure Sheet
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