Tawarruq Asset Financing
Tawarruq Asset Financing is an Islamic term financing facility offered to finance asset acquisition / financing such as land*, building, plant, machinery, equipment, vessels etc.
Key Features | |
Financing Purpose |
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Financing Amount / Limit |
The maximum financing limit is subject to the margin of financing. |
Financing Tenure |
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Shariah Concept |
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Margin of Financing |
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Fees and Charges |
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*Financing on standalone basis is not allowed. Facility to be offered with other facility, for asset financing and working capital financing purpose.
IMPORTANT NOTE: The final approval on the financing granted is subject to the Bank’s credit assessments and discretion.