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Financing
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Cash Line Facility-i (CLF-i)

Cash Line Facility-i (CLF-i) is an overdraft facility granted under the Cash Line Facility-i Current Account based on Bai Bithaman Ajil (Deferred Payment) and Bai Al Einah (Buy and Sell) concept where customers are authorised to drawdown on agreed amount. CLF-i is granted to customers to finance working capital and for short term financing

Eligibility

  • Individual and non-individuals

Tenure

  • 3 years

Benefits

  • Non compounding of profit.
  • Withdrawal is in form of issuing cheque book
  • Facility is either secured by property such as house, shophouse, agricultural land, vacant land, Islamic share, etc. or Mudharabah General Investment Account (Islamic Fixed Deposit) or on guaranteed basis.

Terms & Conditions Apply

 

Minimum Income Documents Required for Individual Applicants
A) Employed
  • Latest 3 to 6 month payslips

    or
  • Latest EA Statement

And one of the following:

  • EPF Statement (latest not more than 1 year)

    or
  • Latest Tax Returns and Tax Receipts

    or
  • Employment Letter/ Employer confirmation

    or
  • Latest 3 months Current Account Statement/ Savings Account Passbook or Statement
B) Self-Employed
  • Latest 1 year Tax Returns and Tax Receipts

    or
  • Latest 6 months Current Account Statement/ Savings Account Passbook or Statement

Any additional income documents may be required at the absolute discretion of the Bank.

 

 

public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
public islamic bank, islamic bank, pbebank
 
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