Islamic Term Financing under the Shariah Contract of Bai’ ‘Inah.
  • Bai’ ‘Inah is sale and purchase contracts as approved by Shariah Advisory Council of Bank Negara Malaysia
  • Under Bai’ ‘Inah contract, the Bank will use its asset i.e. Maybank Islamic Berhad Certicificate (similar to those of Inah Personal Financing-i) as an underlying asset for the Bai’ ‘Inah transaction
Type of Facility
  • Term Financing
  • Minimum age of 21 years
  • Maximum age of 60 years
  • Minimum income of RM30,000 per annum
  • Subject to clean bankruptcy search, OCISS and CCRIS (payment historical record & credit exposure)
  • Not applicable to Maybank Group Staff
  • Application form
  • Photocopy of IC (front and back)
  • Business licence or permit
  • Latest Form B with tax receipt of payment
  • Bank’s confirmation on savings/current account (CASA) with minimum opened date of 2 years vintages and no dormant status
  • Latest 6 months bank statements
Financing Amount
  • Minimum: RM3,000 
  • Maximum: RM50,000

Financing Tenure

  • Minimum:  1 year (12 months)
  • Maximum: 5 years (60 months)

Interest / Profit Rate

Financing Amount

Interest/Profit Rate

RM3,000 to RM20,000

Flat Rate 11% p.a

RM20,001 to RM 50,000

Flat Rate 10% p.a


Formula for Monthly Installment Amount

 = Principal (P) + (P x Tenure Years x Rate
Tenure Months


Financing Amount: RM5,000

Payment Tenure   : 2 years (24 months)


Profit Amount Computation:





RM5,000 x 2 yrs x 11%


Financing Computation:




Total Financing



RM5,000 + RM1,100


Monthly Installment Computation:


Monthly Installment Amount




RM6,100 / 24 mths



Guarantor / Collateral

Not required
Insurance / Takaful
Not required

Fees & Charges

Late payment charge will be imposed for default in any payments on its due date as follows:-

(i)For accounts with default in instalment payment within the financing tenure (i.e from the date of disbursement until maturity date)

Late Payment Charge of 1% per annum imposed on the overdue amount which is calculated from the overdue date until date of full payment.

(ii)For failure to pay outstanding Facility due after the maturity period (Expired Account)

Late Payment Charge based on the prevailing Islamic Interbank Money market (IIMM) rate will be imposed on the outstanding balance due calculated from the maturity date until date of full settlement or upon judgment.

  • Funds will be transferred automatically to customer’s individual savings or current account with Maybank Islamic.
  • Monthly online statements
Mode of Payments

All existing Maybank / Maybank Islamic delivery channels:

  • ATMs
  • Branches
  • Cash and Cheque Deposit Machines
  • Kawanku Phone Banking
  • Maybank2u internet banking
  • In-bound Inter-bank GIRO
  • Standing Instruction
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