Tag Archives: hire purchase

BNM FAQs – Understanding About Moratorium For Hire Purchase Loan & Fixed Rate Islamic Financing

  With the latest announcement from Bank Negara Malaysia (BNM) and the Association of Bank in Malaysia (ABM) yesterday 30 April 2020, hire purchase loan and fixed rate islamic financing will now have an additional Interest/Profit charged after during the 6 months moratorium on all Banks starting from 1 May 2020.   Which means that […]