Corporate Wakala Deposit
It allows entities to deposit funds with Siraj Finance for a pre-agreed tenor. Siraj Finance, in its capacity of an agent, invests the funds in Sharia compliant goods and financial assets, yielding attractive expected returns.
Enjoy higher expected returns by investing through Siraj Finance. Customers can opt from various deposit tenors with accrued and advance profit options.
Highlights
- Sharia Compliant Higher Expected Returns
- Advance/Accrued Profit Option
- Flexible Tenor Options
- Competitive Profit Rate
- Easy Documentation
Letter of Guarantees
Our Trade Finance products are Sharia-compliant, offering a lower cash margin. We provide a wide range of Trade Finance products and services to our SME and Corporate customers, such as Bid Bond, Advance Payment Guarantee, Performance Guarantee, Retention Guarantee, and Financial Guarantee, to meet your specific needs. Enjoy easy documentation and quick processing to streamline your business activities.
Highlights
- Lower Cash Margin
- Guarantee Issued for Both Private and Public Entities
- Easy Documentation & Quick Processing
- Dedicated RM to Serve Your Business Needs
Tender/Bid Bond (Guarantee) - 0% Cash Margin
Siraj Finance's bid bond secure the bidder's obligations in alignment with the awarded contract, assuring the project owner of reliable participation. Tender/Bid Bond safeguard the project owner against the bidder's withdrawal or failure to perform if awarded the contract.
Highlights
- 0% Cash Margin
- Guarantee Issued for Both Private and Public Entities
- Easy Documentation & Quick Processing
- Dedicated RM to Serve Your Business Needs
Advance Payment Guarantee
Siraj Finance offers Advance Payment Guarantee. This guarantee protects the project owners who make an upfront payment. Siraj Finance ensures that the advance payment made to our customers will be utilized exclusively for fulfilling the agreed-upon contract. In cases of non-compliance, the guarantee ensures the refund of the advance payment to the project owner.
Highlights
- Lower Cash Margin
- Guarantee Issued for Both Private and Public Entities
- Easy Documentation & Quick Processing
- Dedicated RM to Serve Your Business Needs
Performance Guarantee
Siraj Finance provides a Performance Guarantee on behalf of its customers to assure the beneficiary of delivering the goods or services, in accordance with the terms and conditions of the contract and in case of non-performance, the beneficiary will be compensated under the terms of the guarantee. A performance guarantee is a customer's (Contractor) commitment to complete the project undertaken.
Highlights
- Lower Cash Margin
- Guarantee Issued for Both Private and Public Entities
- Easy Documentation & Quick Processing
- Dedicated RM to Serve Your Business Needs
Financial Guarantee
Siraj Finance offers the Financial Guarantee product to its customers. Siraj Finance, as a guarantor, ensures that in case of default, the financial obligations will be fulfilled. These guarantees are specifically structured to prohibit borrowings on an interest-based system, aligning with Sharia compliance.
Highlights
- Lower Cash Margin
- Guarantee Issued for Both Private and Public Entities
- Easy Documentation & Quick Processing
- Dedicated RM to Serve Your Business Needs
Retention/Maintenance Guarantee
Siraj Finance provides the Retention Guarantee to its customers by giving assurance to project owners that contractors or suppliers will continue to meet contractual obligations even after receiving the final payment. Siraj Finance facilitates this by allowing customers to collect their final payment in advance while guaranteeing their ongoing compliance with the contract's terms, especially in the later stages of construction or procurement projects.
Highlights
- Lower Cash Margin
- Guarantee Issued for Both Private and Public Entities
- Easy Documentation & Quick Processing
- Dedicated RM to Serve Your Business Needs
Letter of Credit
Enjoy choosing from our wide range of letters of credits that are best suited for your business needs. Siraj Finance provides Sharia compliant trade related services to corporates and small & medium sized enterprises. These services will assist you in speeding up your business with smooth transactions and effectively manage trade related risks, thus allowing you to explore new markets and opportunities.
Highlights
- Sharia Compliant Letter of Credits
- Lower Cash Margin
- Easy Documentation
- Dedicated RM To Serve Your Business Needs
- Letter of Credit Issued for Both Private and Public Entities
Business Finance
We are well equipped to offer a host of Sharia-compliant business finance / term finance solutions to corporates and small & medium sized enterprises. This will assist you in effectively managing your different business needs as well as working capital or cash flow requirements and allowing you to explore new markets opportunities
Highlights
- Sharia Compliant Financing
- Competitive Profit Rate
- Easy Documentation & Quick Processing
- Flexible Tenor
- Dedicated RM to Serve Your Business Needs
Property Finance
Make your dream of owning commercial properties come true in a Sharia compliant way with Siraj Finance. SMEs & corporates can now book the commercial property of their choice right away because we offer affordable & flexible property mortgage finance facility based on the Islamic finance concept of 'Ijarah Muntahia bittamleek'
Highlights
- Sharia Compliant Financing
- Dedicated RM to Serve Your Business Needs
- Competitive Profit Rate
- Minimum Down Payment
- Easy Documentation & Quick Processing
- Flexible Tenor
Fleet Finance
You can acquire a comprehensive range of commercial vehicles for logistics, transport, distribution, and passenger transportation through our fleet finance facility, which allows you to meet your requirements in a more viable way.
Siraj Finance provides a fleet financing facility that fulfills the transportation needs of your business. Our innovative product gives you the opportunity to acquire your desired commercial vehicles easily and conveniently in a Sharia-compliant manner.
Highlights
- Sharia Compliant Financing
- Dedicated RM to Serve Your Business Needs
- Competitive Profit Rate
- Minimum Down Payment
- Easy Documentation & Quick Processing
- Flexible Tenor