From left: AmBank Islamic head of Islamic retail banking Basharuddin Abdul Wahid, AmBank Islamic chief executive officer Eqhwan Mokhzanee, AmBank consumer financing head Syed Ihsanputra Syed Mohd Fudzan and AmBank auto finance and direct sales head Alice Lin.
KUALA LUMPUR: AmBank Islamic has launched the Auto Financing-i Murabahah Tawarruq which is a Shariah-compliant product based on the concept of Murabahah Tawarruq.
“With our national cars becoming more advanced with extensive features, vehicle financing should be enhanced as well. The Auto Financing-i Murabahah Tawarruq offers a higher financing margin with more flexible product features to adapt to new changes in the automotive industry,” chief executive officer Eqhwan Mokhzanee said in a statement.
