Ijarah Thumma Bai-i (“AITAB”)
Ijarah Thumma Bai’-i (AITAB-i) is a hire purchase facility which allows the customer to hire an asset and subsequently purchase the asset from the Bank at the end of lease tenure
Benefits
- Nominal stamp duty
- Provide customer with short to medium term financing by way of hiring and finally acquiring the asset
- Competitive pricing as compared to conventional leasing
Eligible Customer
- Sendirian Berhad (Private Limited Company) and Berhad (Public Limited Company)
- Government related institution consisting Federal, State, Local and Statutory Authorities
- Institutions
- Co-operatives
- Sole proprietorship and Partnership.
- Societies, clubs and associations
Type of Asset
- Plant and Machineries
- Equipments
- Motor Vehicles
- Co-operatives
- Other assets acceptable to the Bank
Financing Amount
Minimum : RM50,000.00
Lease period
Minimum : 2 years
Maximum : 7 year (subject to the credit evaluation)
Product Disclosure Sheet (PDS)
Click here to download PDS – Ijarah Thumma Bai-i (AITAB)
Click here to download PDS – Ijarah Thumma Bai-i (AITAB) – Malay Version
