BANK Muamalat Malaysia Bhd (BMMB) and SME Bank recently signed an agreement to launch the Kafalah scheme which will provide the small- and medium-sized enterprises (SMEs) customers the chance to get syariah-based financing.
"The Kafalah scheme will give opportunities to customers especially those in the small and medium category in the field of manufacturing and services besides encouraging entrepreneurs to get financing from BankMuamalat," chief executive officer of BMMB Datuk Mohd Redza Shah Abdul Wahid said in a statement.
While Datuk Azmi Abdullah, SME Bank managing director, said among the advantages of Kafalah system is that the SME customers will be able to enjoy facilities offered by commercial banks at a reasonable cost.
The scheme is also expected to raise the profile of Islamic financial services in the country. - BERNAMA
0 comments:
Post a Comment