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

Adjust Loan
  • New Car
  • Used Car
  • Electric Vehicle
  • New Commercial Vehicle
  • Used Commercial Vehicle
RM
  • 12 months
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  • 120 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



Key Features

A comprehensive Islamic car loan with up to 90% margin of financing, rebate for early settlement and fixed profit rate for the entire tenure.

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