What are the available Islamic Margin Financing products?
2-in-1 Stock Trade-i (M2-i)
Normal Margin Financing-i (M3-i)
Islamic Margin Financing products features:
What is the Shariah concept applicable?
The products are structured using the Shariah principles of Murabahah via Tawarruq arrangement.
Mechanism of Commodity Murabahah:
Following the Bank’s approval to grant Islamic margin financing to the client, the client will enter into Commodity Murabahah agreement that requires the bank to buy Shariah-compliant commodities from the commodity supplier/vendor A at the Bank’s Purchase Price.
The bank then sells the specified commodity to the Client at Bank’s Sale Price to be paid on deferred payment terms as agreed.
The Client will appoint the Bank as agent to sell commodity to Commodity Broker B at a price equivalent to Bank’s Purchase Price.
Click on the links below to download the product disclosure sheets for each product :-