Bank Muamalat to facilitate SME relief facility amid global uncertainties


KUALA LUMPUR: Bank Muamalat Malaysia Bhd will facilitate access to Bank Negara Malaysia’s SME Stabilisation Relief Facility (SME SRF) to support small and medium enterprises (SMEs) affected by global economic uncertainties, including disruptions linked to the continuing West Asia conflict.

The SME SRF is part of Bank Negara Malaysia’s RM5bil relief initiative aimed at supporting viable SMEs impacted by geopolitical tensions and supply chain disruptions.

Under the facility, eligible SMEs may obtain financing of up to RM750,000 at a profit rate capped at 3.75% per annum.

The facility also includes guarantee coverage of up to 80% through Credit Guarantee Corporation Malaysia Bhd or Syarikat Jaminan Pembiayaan Perniagaan Bhd.

Bank Muamalat said it will also continue supporting SMEs through rescheduling and restructuring assistance, flexible repayment arrangements, advisory services and Shariah-compliant financing solutions.

President and chief executive officer of Bank Muamalat, Datuk Khairul Kamarudin, said the bank aims to assist SMEs facing operational and cash flow challenges during the current period of uncertainty.

“We recognise the increasing challenges faced by SMEs amid heightened global uncertainties. At Bank Muamalat, our priority is to stand alongside our customers with practical and Shariah-compliant solutions that support their immediate needs while strengthening long term resilience.

“We strongly encourage SMEs who may be affected to reach out to us early so that we can work together to identify the most appropriate support for their business continuity and growth,” he said.

Applications for the SME SRF will be open from May 15 to Dec 31, 2026, or until the allocated funds are fully utilised.

SMEs seeking more information may contact commercial.sale.management@muamalat.com.my.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ekuinas marks first bumiputera 'relay race' milestone with Orkim's 60% equity transfer to PNB
Indonesian rupiah falls below 17,500 per dollar on US-Iran deadlock
Japan's 10-year bond yield hits 29-year high as market awaits Bessent's remarks
AmBank launches relief facility for SMEs amid global disruptions
World markets feel the strain as US-Iran war grinds on
Tengku Zafrul: Investment incentives help build industrial ecosystem
MPOB brings over 200 palm oil, agricommodity innovations to market
PBOC flags imported inflation risks, vowing to enhance policy flexibility
AI rally pauses as Middle East ceasefire goes on 'life support'
Inari Amertron reports fire incident at Philippines plant

Others Also Read