OVERSEAS PROJECT / INVESTMENT FINANCING-i

Overseas Project/Investment Financing-i (OPF-i/OIF-i) facility is available to Malaysian-controlled companies or Malaysian companies (registered under Companies Act 2016). The facility provides financial support to Malaysian investors/contractors undertaking projects overseas such as infrastructure, manufacturing and other developmental projects.

 
OVERSEAS PROJECT FINANCING-i
 
Purpose
To finance the development, upgrading or expansion of infrastructural facilities, plant and building and fixed asset purchases, such as machinery and equipment.
Shariah Contracts / Concepts
The Shariah contracts / concepts applicable to Overseas Project Financing-i are:
  1. Ijarah
  2. Istisna’
  3. Murabahah
  4. Tawarruq (Commodity Murabahah)

* Whichever is applicable.

Eligibility
Malaysian suppliers/contractors/investors. Detailed information can be obtained from the Product Disclosure Sheet
Margin of Financing
Up to a maximum of 85% of project cost or contract value.
Tenure
Up to a maximum of 10 years inclusive of grace period not exceeding 2 years.
Profit Rate
Cost of Fund-i plus spread.
Currency
Ringgit Malaysia, United States Dollars, Euro and other acceptable currencies.
Payment
Monthly, quarterly or half yearly from cash flow of the project and/or progressive payment
Disbursement
  1. Direct to the suppliers/contractors
  2. Overhead expenses direct to customer
Security
Against but not limited to the following:
  1. Cash Collateral.
  2. Corporate Guarantee.
  3. Shareholders/Director Guarantee.
  4. Landed Property
  5. First charge on fixed and floating assets of the customers
  6. Assignment of relevant contracts, agreements, insurance policies inclusive of all project rights and benefits
Fees and Charges
Processing fee of 1.0%* of the financing amount.
(*) subject to Terms and Conditions. Not applicable to SME.

 

OVERSEAS INVESTMENT FINANCING-i
 
Purpose
To finance Malaysian investors undertaking cross-border investment by way of purchasing overseas assets (fixed and current assets such as building, factory, business premises, plant and machineries, raw material) or purchase of equity in overseas establishments.
Shariah Contracts / Concepts
The Shariah contracts / concepts applicable to Overseas Investment Financing-i are:
  1. Ijarah
  2. Istisna
  3. Murabahah
  4. Tawarruq (Commodity Murabahah)

* Whichever is applicable.

Eligibility
Malaysian suppliers/contractors/investors. Detailed information can be obtained from the Product Disclosure Sheet
Margin of Financing
Up to 80% of the investment/assets value.
Tenure
Up to a maximum of 10 years inclusive of grace period not exceeding 1 year depending on the cash flow of the project/investment.
Profit Rate
Cost of Fund-i plus spread.
Currency
Ringgit Malaysia, United States Dollars, Euro and other acceptable currencies.
Payment
Monthly, quarterly or half yearly from cash flow.
Disbursement
Direct to the suppliers or contractors or to the customer on reimbursement basis.
Security
Against but not limited to the following:
  1. Cash Collateral
  2. Shares (memorandum of deposit of shares)
  3. Sinking Fund
  4. Guarantee (individual/shareholder/directors)
  5. Assignment of insurance proceed
  6. Assignment of relevant contracts, agreements, insurance policies inclusive of all project rights and benefits
  7. Corporate Guarantee
  8. Debenture
  9. First fixed charge or its equivalent over the project land financed by EXIM Bank
  10. Other securities acceptable by the Bank
Fees and Charges
Processing fee of 1.0%* of the financing amount.
(*) subject to Terms and Conditions. Not applicable to SME.