Foreign Currency Trade Financing-i (FCTF-i) is a Shariah-compliant trade financing facility designed to support businesses in financing import, purchase, export and sales transactions denominated in Malaysian Ringgit (MYR) or selected foreign currencies.
The facility enables financing and settlement in the same foreign currency, where applicable, helping businesses manage trade payments and collections more efficiently while reducing unnecessary foreign exchange conversion.
Key Features
- Financing available in MYR and selected foreign currencies.
- Supports import/purchase and export/sales transactions.
- Financing and settlement may be conducted in the same foreign currency, where applicable.
- Short-term trade financing solution for business customers.
- Shariah-compliant financing structure.
Benefits
- Supports international and cross-border trade activities.
- Reduces foreign exchange conversion requirements.
- Improves cash flow and working capital planning.
- Enables efficient settlement of trade obligations.
- Provides greater flexibility in managing foreign currency trade transactions.
Shariah Concept
- Murabahah
- Bai’ al-Dayn
Eligible Trade Transactions
- Import Financing
- Purchase Financing
- Export Financing
- Sales Financing
Who Can Apply
Business customers involved in domestic or international trade requiring financing in MYR or selected foreign currencies.
*Terms and Conditions Apply.
