Muamalat Vehicle Financing-i (AITAB)
We offer vehicle financing facilities tailored to your specific needs!
This product is structured based on Shariah contract of Al-Ijarah Thumma Al-Bai’ (AITAB). AITAB is an arrangement of primary Ijarah (lease contract) with Bai’ (sale contract).
Your choice for Shariah compliant and hassle-free vehicle financing. Enjoy up to 90% financing on your vehicle purchase with the security of our flat rates.
Package
Standard Vehicle Financing Package
Eligibility of Customer
Minimum Monthly Gross Income:
- RM 2,300 (New National Car)
- RM 2,500 (New Non–National & Used Car)
- RM 5,000 (Unregistered Reconditioned Car)
Age of entry:
- Minimum of 18 years old and maximum of 65 years old (must not exceed age 70 years old upon maturity)
Nationality:
- Open to Malaysians and foreigners
Margin of Financing
90%
Types of Car
New, Used and Unregistered Reconditioned car
Financing Tenure
Up to 9 years
Profit Rate
Flat Rate
Minimum Documents Required
- Photocopy of MyKad (front and back)
- Photocopy of Passport (foreigners)
- Photocopy of Driving License (front and back)
- Latest 3 month’s salary slip
- Latest 3 month’s bank statement
*Note: BMMB reserves the rights to request for additional documents
