Vehicle Financing
Syariah Concept
- Al-Ijarah Thumma Al-Bai’ (AITAB)
Eligibility
- Age 18 years old and above
- Not exceeding the retirement age at the end of the payment period
- Brunei citizen and permanent residents
- Employees of Brunei Government and recognized Private sector
- Must have salary / pension assigned to TAIB
Profit Rate
- 4.25% Flat Rate (New car)
- 7.00% Flat rate (New Motorcycle)
- 4.75% Flat rate (Used car)
Basic Documentation Required
- Valid driving license
- Valid Identification Card
- Copy of latest three (3) months salary
Purpose
- For purchase of new or used car and new motorcycle
Mortgage Takaful for Hire Purchaser coverage