Tamwil Cash Line Facility-i
A Shariah-compliant financing for working capital requirements, personal consumption or purchase of assets or properties
Features
- Based on the principle of Bai' Bithaman Ajil (deferred payment sale)
- Fixed financing cost throughout tenure of financing
- Third party financing is allowed
Scope
- For working capital requirements
- For personal consumption
- For purchase of assets
Who can apply
- Muslim and non-Muslim individuals or joint account holders
- Companies incorporated under the Companies Act