Affin Islamic Bank Berhad
RM1,152.38 /mth
Interest Rate
3.0%
Min Loan Amount
RM15,000
Max Loan Tenure
9 yrs
Used Car Loan,
RM80,000 for 84 months
This car loan is based on the Al Ijarah Thumma Al-Bai concept. This means that the bank will rent you a car that it has purchased on your behalf and you lease it for the period that you pay off the loan instalments. When you make your final payment ownership is transferred to you.
Minimum Annual Income: RM 24,000
Last Updated: 15/07/2024
This car loan is based on the Al Ijarah Thumma Al-Bai concept. This means that the bank will rent you a car that it has purchased on your behalf and you lease it for the period that you pay off the loan instalments. When you make your final payment ownership is transferred to you.
Minimum Annual Income: RM 24,000
A comprehensive Islamic car loan with up to 90% margin of financing, rebate for early settlement and fixed profit rate for the entire tenure.