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Muamalat Vehicle Financing-i (AITAB)

Your choice for Shariah compliant and hassle-free vehicle financing. Enjoy up to 90% financing on your vehicle purchase with the security of our flat rates.

Muamalat Vehicle Financing-i (AITAB)

We offer vehicle financing facilities tailored to your specific needs!

This product is structured based on Shariah contract of Al-Ijarah Thumma Al-Bai’ (AITAB). AITAB is an arrangement of primary Ijarah (lease contract) with Bai’ (sale contract).

Your choice for Shariah compliant and hassle-free vehicle financing. Enjoy up to 90% financing on your vehicle purchase with the security of our flat rates.

 

Package

Standard Vehicle Financing Package

 

Eligibility of Customer

Minimum Monthly Gross Income:

  • RM 2,300 (New National Car)
  • RM 2,500 (New Non–National & Used Car)
  • RM 5,000 (Unregistered Reconditioned Car)

Age of entry:

  • Minimum of 18 years old and maximum of 65 years old (must not exceed age 70 years old upon maturity)

Nationality:

  • Open to Malaysians and foreigners

 

Margin of Financing

90%

 

Types of Car

New, Used and Unregistered Reconditioned car

 

Financing Tenure

Up to 9 years

 

Profit Rate

Flat Rate

 

Minimum Documents Required
  • Photocopy of MyKad (front and back)
  • Photocopy of Passport (foreigners)
  • Photocopy of Driving License (front and back)
  • Latest 3 month’s salary slip
  • Latest 3 month’s bank statement

*Note: BMMB reserves the rights to request for additional documents

Product Disclosure Sheet

*Terms and conditions apply.

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2024-02-23 08:37:52