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facility used to finance capital assets such as plant, machinery and vehicles
A medium to long-term financing facility used to finance capital assets such as plant, machinery and vehicles.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
Under this facility, the bank acquires the asset needed by the customer and then leases it to the customer for a fixed period.
Note: Terms and Conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC)