Lestari Bumi Financing
Lestari Bumi Financing is part of the Government's initiative under Budget 2021 to provide financial assistance
to Bumiputera micro and small enterprises to elevate their business to a higher level in terms of production capacity,
market penetration and competitiveness or
as an assistance to restart the business during various phases of Pelan Pemulihan Negara (PPN).
Purpose
- Asset Acquisition
- Working Capital
Eligibility
- Micro and small enterprises as defined by National Entrepreneur and SME Development Council (NESDC)
- At least 51% of its equity shareholding, board of directors and senior management position are held.
- Shariah-compliant business.
- Minimum 2 years in operations.
Financing Concept
- Commodity Murabahah via Taqarruq
- Ijarah Thummal Bai'
Type of Financing
- Commodity Murabahah Term Financing-i (CMTF-i)
- Ijarah Thummal Bai' (ITB) Financing
- Cash Line-i
Financing Limit
- From $100,000 to $750,000.
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