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Islamic Finance Briefing - Categorized | Financial Instruments (Credit Cards, Debts, Loans, Mort more

Teraju, SME Bank unveil RM500mln Islamic loan facility

Posted on 09 July 2012

For high-flying Bumi companiesto use as working capital and to buy assets. UNIT Peneraju Agenda Bumiputera (Teraju) and SME Bank have launched a RM500 million Islamic loan facility aimed at high-performing Bumiputera companies.
Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop said the new fund called the TeraS Fund is to facilitate the business expansion of high-performing Bumiputera companies under the Teraju TeraS programme………………………………………..Full Article: Source

 
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