Ikhtiar Factoring: The Trusted Financier in Malaysia

Ikhtiar Factoring Sdn Bhd (IFSB) was founded to be a trustworthy, experienced, and reputable company in the factoring sector with the objective of facilitating clients’ to meet their capital needs. IFSB is a Shariah-compliant financial partner in securing government and government-linked companies (GLCs) procurement contracts that are in compliance with the Ministry of Finance (MoF) SPP Bil 10/95. We are a Bank Negara Malaysia (BNM) and MoF approved and authorised factoring finance company that offers customised factoring finance solutions to meet your needs and requirements at competitive rates. Additionally, we were also set up to:

  • Assist the critical need for factoring & trade finance facility to government contractors
  • Provide guidance and financial support to entrepreneurs.
  • Fulfil the financial needs of companies.
  • Help the entrepreneur companies for entrance and prosper to high growth and nurture to become independent national and global business

Since our incorporation on 13 March 2000, we have dabbled in the business of domestic, export and import factoring and equipment leasing. Soon after, BNM classified us as a Non-Bank Financial Institution (NBFI), and legally permitted us to operate as a scheduled institution under Section 21(1) of the Banking and Financial Institutions Act (BAFIA) 1989 on 27 April 2000. However, it should be noted that BAFIA has since been repealed, and replaced by the Financial Services Act 2013.

We achieved another milestone in December 2013, when we partnered with Pernas (formerly known as Perbadanan Nasional Berhad (PNS)) to offer Islamic factoring, and contract financing services that are Shariah-compliant to provide working capital financing to individuals and businesses who have been awarded government procurement contracts. We have since dedicated our skills and expertise to various companies’ financial needs upon being awarded government and GLCs procurement contracts. Some of the companies that we have worked with in the past include, but are not limited to, Ministry of Defence Malaysia (MinDef), Tenaga Nasional Bhd (TNB), and Telekom Malaysia (TM), and more.

With two decades’ worth of experience under our belt, we have positioned ourselves as the go-to and trusted factoring experts in Malaysia. Our skills and expertise in the field are backed by the fact that we have serviced over 3,000 clients, and garnered over RM10 billion in business volume since our establishment — proving that IFSB is reliable, trustworthy and skilled at facilitating you to maximise your business profits.

As a business entity, a strong relationship that is built on trust, integrity, respect, and mutual values is of utmost importance to us. That is why, prior to shaking hands, and signing the dotted line, we encourage our clients to get to know our company in hopes of nurturing a long-lasting partnership, and to ensure that our businesses fit like a glove.

Alternatively, you may also follow us on our Facebook page: ikhtiarfactoringofficial for the latest news, and developments.

For more infomation, please email to us at: ikhtiar@ikhtiarfactoring.com

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We would like to inform our existing and prospective customer and clients that Ikhtiar Factoring Sdn Bhd is now operating as usual, from 9:00am – 5:30pm (Monday to Friday). Should you require our services, please do not hesitate to contact us at 03 4024 6200 or visit our website www.ikhtiarfactoring.com for more info:

Rest assured, we have sanitizer on entry and social distancing in place always. Please wear a mask and remember to keep your distance. All developments and updates concerning our business will be updated through our social media and official website.


Thank you.