Multi Currency Trade Financing (MCTF) is a Shariah-compliant working capital financing facility that provides financing for import, export, local purchase and local sales transactions in Malaysian Ringgit (MYR) and selected foreign currencies.
Designed for businesses involved in domestic and international trade, the facility offers flexible financing under Documentary Credit, Documentary Collection and Open Account trade arrangements to support working capital and trade settlement requirements.
Key Features
- Financing available in MYR and selected foreign currencies.
- Supports import, export, local purchase and local sales transactions.
- Applicable for Shariah-compliant goods and services.
- Available under Documentary Credit, Documentary Collection and Open Account trade arrangements.
- Flexible utilisation based on approved trade financing limits.
Benefits
- Improves working capital management.
- Provides flexibility in managing multi-currency trade transactions.
- Facilitates timely settlement of trade obligations.
- Supports domestic and international business expansion.
- Shariah-compliant financing solution tailored to business needs.
Shariah Concept
- Tawarruq
Eligible Trade Transactions
- Import Financing
- Export Financing
- Local Purchase Financing
- Local Sales Financing
Who Can Apply
Business customers engaged in domestic or international trade with financing facilities approved by Bank Muamalat.
*Terms and Conditions Apply.
