"Duit Tak Putus" is IFSB’s unique payment scheme that has been customised to be Syariah-compliant.
This exclusive program offers up to three payments in a month to companies awarded with government and GLCs procurement contracts under the industry of security, cleaning & maintenance, supply food and beverage, sanitation and other recurring contracts. Under its special ‘AM/PM’ system, approved companies that submit their claim invoice in the morning, will receive the payment by end of the day*.
Approved companies can also request a facility at a modest as low as 1% factoring fee charge per invoice, with only 0.83% Initial Payment Charge (IPC) per month for factoring contracts.
Under the Duit Tak Putus program, we also offer facility for undertaking performance bonds and a 0.25% monthly charge on the total value of undertaking bonds contracted to us.
Fill up the form below to learn more on how our “Duit Tak Putus” program can help your business.