Purpose

• Asset acquisition – Machinery / equipment;
• Factory renovation cost; and/or
• Working Capital requirement including Halal certificate cost expenses

Eligibility

• Micro, small and medium enterprise (MSMEs) as defined by SME Corp, including Cooperative.
• Registered with Suruhanjaya Syarikat Malaysia (SSM), or authorities / district offices (for Sabah and Sarawak), or statutory bodies for professional service providers.
• Shariah-compliant business with Halal certification from JAKIM or any other religious authority authorised by JAKIM. For companies without Halal certification, they must obtain Halal Certification from JAKIM or any other religious authority authorised by JAKIM within 24 months from the 1st disbursement date, of which, the submission must be made within the first 12 months.
• Minimum 2 years in operation, including commencement of the business by the previous owner or conversion/upgrade from Sole Proprietorship or Partnership.

Financing Facilities

• Commodity Murabahah Term Financing-i (CMTF-i)
• Ijarah Thummal Bai` (ITB) Financing
• Revolving Credit-i (RC-i)
• Cash Line-i (CL-i)

Financing Limit

• Minimum: RM100,000.00
• Maximum: RM1.0 million

Profit Rate

• 5.0% p.a.

Margin of Financing

Financing Tenure

• Asset acquisition: 7 years
• Working capital: 5 years
   

Collateral

• Any collateral acceptable by the Bank as per SME Bank's policy.
• Personal guarantees / joint and several guarantees.

Takaful

Takaful / insurance coverage is mandatory if the asset is given as security for the financing (if applicable). You have the option to select the service offered by our panel Takaful operators or non-panel Takaful operators.

Fees and Charges

• Click here for Fees & Charges

Product Disclosure Sheet

• HalalBiz