Cash-i Muamalat Motorcycle
Specially for Civil Servants, staff of DRB HICOM BHD and its subsidiaries.
Muamalat Personal Financing-i (Tawarruq) is a financing facility that is designed to provide financing to the customers for personal financial needs which does not contravene with the Shariah principles. Generally, this product is based on Tawarruq as its underlying Shariah concept for provision of financing. The financing structure under the Tawarruq arrangement involves the combination of Wa’d Mulzim, Murabahah and Wakalah contracts.
Package Name
Cash-i Muamalat Motorcycle
Eligibility of Customer
- Minimum Monthly Gross Income: RM1,500
- 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
Margin of Financing
Up to 100%
Profit Rate
Flat Rate
Mode of Payment
- Salary deduction at source
- Salary Transfer to Bank Muamalat
- Standing Instruction.
Documents Required
- Copy of MyKad
- Copy of 1 month salary slip
- Copy of motorcycle quotation
*Note: BMMB reserves the rights to request for additional documents
