Maybank Islamic allocates RM1bil financing for Sewa Milik Selangorku


Maybank Islamic CEO Datuk Mohamed Rafique Merican(pic) said when Maybank Islamic HouzKEY was launched in January this year for properties up to RM1mil, the bank had then made plans to expand the RTO solutions to include houses within the affordable price range..

KUALA LUMPUR: Maybank Islamic Bhd will allocate RM1bil in financing under the Sewa Milik Selangorku programme for 4,000 residential units in areas such as Bangi, Sungai Buloh and Ampang.

The bank said Selangor is the first state to partner with it to offer another viable rent-to-own (RTO) solution under the programme.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Miti: Semiconductor industry offers Malaysia chance for exponential growth
Ringgit slightly higher at the close
Awantec to strengthen its synergistic offerings to drive growth
Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion
Sapura Energy gets US$1.8bil worth of PLSV-related contracts
OCK enters tower leasing agreement, marks debut into Laos
AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme
FBM KLCI soars above 1,600, highest in over two years
Bursa Reach to bridge investor-remisier gap
BP profits drop to US$2.7bil, refinery outage offsets higher output

Others Also Read