Fees | Amount / Rate |
Brokerage Fee | • RM15.00 per RM1.0mil |
• RM3 per RM1.0 million if less than 7 days tenor | |
Stamp Duty | As per the Stamp Duty Act 1949 (Revised 1989) |
Late payment charges |
Compensation Charges (Ta’widh) • If the overdue occurs before maturity of the financing = 1% p.a. on the overdue amount or, any other method approved by BNM. |
• If the overdue occurs after maturity of the financing = At the IIMM Rate or, any other method approved by BNM. Formula: (Outstanding principal X IIMM Rate X No of Overdue Days) / 365 days |