How do Term Financing-i and Working Capital Financing-i support Shariah-compliant businesses?

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AEON Bank Biz introduces Shariah-compliant financing facilities for business growth

AEON Bank Biz has launched Term Financing-i and Working Capital Financing-i, two new facilities designed to provide timely and flexible capital for Shariah-compliant businesses. These offerings are structured around the Murabahah via Tawarruq concept, ensuring transparent and ethical financial solutions tailored to the Malaysian market.
Term Financing-i for Growth and Expansion

The Term Financing-i is specifically engineered to support medium to long-term business objectives, including funding growth projects, acquiring assets, and expanding infrastructure. This facility requires no collateral and carries no hidden charges, offering a flexible repayment tenure of up to 60 months. Approved funds are directly disbursed into the customer's AEON Bank Biz Business Current Account-i, streamlining the process for businesses undertaking significant expansion.
Working Capital Financing-i for Liquidity Management

Designed to address short-term cash flow needs, the Working Capital Financing-i provides a flexible credit line to bridge operational budget gaps and manage financial cycles. Businesses can access high liquidity with multiple disbursement options, up to a 3-year tenure, and enjoy the flexibility to refresh their approved credit limits without the need for repeated applications. The facility allows for disbursements over a period of up to 12 months and is managed entirely online, with funds deposited directly into the AEON Bank Biz Business Current Account-i.
Shariah Compliance and Ethical Banking

Both Term Financing-i and Working Capital Financing-i are aligned with the Shariah finance principle of Murabahah via Tawarruq. This ensures that the financing solutions adhere to Islamic financial ethics, offering Malaysian businesses transparent and compliant banking services that cater to their specific needs while navigating evolving market demands.
Integrated Digital Banking Ecosystem

Beyond these financing products, AEON Bank Biz functions as a comprehensive Shariah-compliant banking partner. It offers integrated cash management capabilities through its Business Current Account-i, facilitating seamless payments and collections via DuitNow and RENTAS, and providing smart cash management tools for optimizing idle capital. The platform also incorporates governance controls with multi-user access and structured approval workflows, mirroring corporate governance standards.

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How do Term Financing-i and Working Capital Financing-i support Shariah-compliant businesses?

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