Close
EN
BM

Personal

Business

Financing

Cashline Facility

The product is based on the Shariah concept of Tawarruq and other relevant Shariah contracts. For the business use, this product is offered for working capital purposes and/or combination with other credit facilities acceptable by the Bank.

Financing

Cashline Facility

The product is based on the Shariah concept of Tawarruq and other relevant Shariah contracts. For the business use, this product is offered for working capital purposes and/or combination with other credit facilities acceptable by the Bank.

Muamalat Cash Line Facility-i (MCash)

The product is based on the Shariah concept of Tawarruq and other relevant Shariah contracts. For the business use, this product is offered for working capital purposes and/or combination with other credit facilities acceptable by the Bank.

Tawarruq is an arrangement that involves a purchase of a commodity or asset based on deferred payment basis by way of Murabahah. In this case, the Customer is purchasing the commodity as the underlying asset from the Bank. The commodity or asset is then sold for cash to a party other than the original seller.

 

Benefits
  • Revolving in nature;
  • The Bank at its discretion may grant Ibra´ or rebate on any financing amount unutilized.

 

Features

Settlement of selling price comprise of:

  • Profit which is to be serviced throughout the facility period;
  • Principal amount to be settled in full upon expiry or other settlement arrangement agreed by the Bank.

 

You might also be interested in

Personal Financing-i
Cash-i Muamalat
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.9320002.7680002.752000
BRUNEI DOLLARBND3.4160003.2140003.203000
CANADIAN DOLLARCAD3.2110003.0930003.076000
SWISS FRANCCHF5.1530004.9230004.905000
EURO EUR4.8370004.5630004.541000
STERLING POUNDGBP5.7920005.5290005.520000
NEW ZEALAND DOLLARNZD2.7340002.5350002.520000
SINGAPORE DOLLARSGD3.4160003.2140003.213000
UNITED STATES DOLLARUSD4.5550004.3050004.288000

2024-12-06 08:27:36