Islamic Business Banking
Other Sites
Worldwide
View all countries >
Support

Maybank

Expand Menu
A commodity-based financing technique, specifically designed for commodity producers and trading companies doing business in developing markets.
Features
  • It provides customers with the customize financing solution of either single or combination of financing products to finance various stages of commodity trade transaction cycle secured against the control/rights over the commodity by the bank
  • An alternative mode of financing that improves the customer's cash flow and liquidity
  • The bank acts as an arranger/financier to structure a financing solution for the seller/exporter and/or buyer/importer by combining end-to-end funding solutions for the entire trade value chain
  • Security required is a pledge of commodities
  • Customized financing solution throughout the various stages of the trade transaction
  • Focuses on the flow of goods and their origin
  • Combination of various Islamic trade products such as LC-i TR-i, AB-i
  • Opportunity to maximise production capacity
Benefits
  • A tailor-made financing solution in meeting customer’s needs and requirement for the commodity trading and for manufacturing of commodity-based products
  • Improving cash flow and liquidity position of customer
  • Risk evaluation would be based on the customer/company’s performance track record and collateral valuation of the underlying trade product
  • Customised financing solution throughout the various stages of the trade transaction
  • Opportunities to venture into new commodities market
  • Cost savings of 20% on ad-valorem stamp duty to be paid on related legal documents
  • Underlying transactions is based on Shariah compliant goods
  • Financing rate of the underlying transaction is fixed throughout the tenor.
Margin of Financing (MOF) / Financing Amount
  • Varies, depending on business requirement and trade cycle as well as type of commodity financed
You might also be interested in

  • Premier Mudharabah Account-i (PMA-i) SME/BB

    The Shariah-compliant Mudarabah Investment Account that rewards the Small Medium Enterprise (SME) and Business Banking (BB) customers and under Daily Fund-i SMEBB.

  • Maybank2u Savers-i

    A Shariah-compliant online savings account based on contract of Qard (loan). It is provides the convenience of opening, accessing and closing your account without visiting a branch.

Share this on Facebook

Share this on twitter