Trust Receipt-i / Foreign Currency Trust Receipt-i

Trust Receipt-i/Foreign Trust Receipt-i is short-term import financing that provides a Buyer/Importer with financing to settle goods imported under Letter of Credit-i or Inward Bills for Collection, where title of goods is held by the bank. Financing may be in Ringgit Malaysia. Alternatively, the Buyer/Importer can apply for financing in the currency of that particular import documents to take advantage of lower foreign currency exchange rates.

Based on Shariah principle of Murabahah.