Islamic Products

Islamic Personal Financing

Islamic Personal Financing

What is it?

Purchase of eligible portfolio of Islamic Personal Financing (“IPF”) granted to Approved Seller’s customers.

 

Eligibility Criteria

  • has arisen in connection with credit terms or deferred payment terms to a customer in accordance with the approved Shariah principles of the originated selling institution;
  • fully disbursed and amortised;
  • not more than 1 month in arrears at the time of purchase;
  • have a remaining life which expires on or after the Review Date; and
  • comply with other criteria as per Cagamas’ requirements

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