- You Pay
- RM 89 /mth
- Profit Rate
- Total Profit Payable
- RM 70
- Total payment
- RM 1,070
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Use our personal financing calculator to find the best personal financing based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal financing products listed and click on the Apply button.
Fill in a form with your details to be submitted for application, and a representative from iMoney or the bank will call you to process the application.
Kuwait Finance House Personal Financing-i is a fast-approval Shariah-compliant personal financing which follows the Shariah concept of “Murabahah Tawarruq”. With a flexible tenure of 2 – 8 years and a competitive profit rate, this financing package is for salaried employees only.
Best for: Personal use including child’s education fees or start a small business.
You can apply for the KFH Personal Financing here.
Murabahah is a contract of an asset at the cost price plus a defined and agreed profit mark-up (cost plus profit sale).
Tawarruq is used for obtaining a cash financing facility, where a customer buys an item on credit from the Islamic bank on a deferred payment basis, based on Murabahah and then resells it for cash to a third party. This way, customers can obtain financing without taking an interest-based loan.
2 – 10 years.
To be eligible, your business must:
The profit is calculated based on a flat rate basis of 3.99% p.a.
As with any financing, you will have to make monthly repayment, which comprises of principal amount and a profit charge.
Use our personal loan calculator above to estimate your monthly repayment.
Below are the details of Fees and Charges for this loan:
Once you have completed your application with iMoney, you are required to provide the following documents for your application:
If you want to read the Product Disclosure Sheet for this loan, please use the link below:
Unfortunately, no. KWH will check your credit history as part of their approval process. You are advised to settle all overdue payments before applying and keep a healthy credit record before you apply for any personal financing or loan. We also highly recommend that you continue repaying your loans on time for another three months before reapplying.
Check your iMoney CreditScore for free to find out how your credit health is.
This personal financing package is like Kuwait Finance House Personal Financing-I, with the same income requirement of RM3,000 and financing amount of up to RM150,000.
If you have a slightly higher income and are looking for a lower profit rate, the Al Rajhi Bank Personal Financing-i comes with a rate as low as 4.99% p.a. This personal financing allows you to get approved up to 8x your monthly salary or RM150,000, whichever is lower.