BACK

Maybank Leasing iB is a Sharia financing facility for the purpose of purchasing new assets and lease-based refinancing of underlying assets using the Ijarah Muntahiyah Bit Tamlik (IMBT) agreement.

With Maybank Leasing iB, you can develop your business by acquiring assets with Sharia business financing based on direct leasing or sale and lease back, for assets owned, starting from assets in the form of business properties (kiosks, shop houses/ office houses, warehouses, factories, office space, office buildings) production machinery, equipment or business support vehicles for industry to construction.

Features and Benefits

Better business financial ratios

Installment payments are recorded as rental costs or business operations which will be a deduction factor for gross income in the financial statements of the business entity's customers.

Financing under the principle of lease

The owner of the asset (the object of IMBT) is the Bank.
Documents of ownership of fixed assets in the name of the Customer.
For movable asset financing, there is no need for a fiduciary so that it is more cost-efficient.

Facility use

Asset ownership financing by direct leasing for the procurement of new or secondary business assets, such as land and buildings (kiosks, shop houses/office houses, warehouses, factories, office space, office buildings), factory/industrial machinery, tools heavy.
Sale and lease back is the fulfillment of the cash flow needs of the Customer's business by re-financing the assets already owned by the Customer.

Flexible tenor

Minimum 2 years for financing movable assets (machinery, equipment and vehicles).
7 years for land and building financing
Partial repayment is not possible.
The maximum financing period follows the Bank's credit/financing policy in each segment and does not exceed the useful life of the Maybank Leasing iB object.

Lighter Total Liability

The total payment of customer obligations is lighter than other business financing contracts.

IMBT contract scheme

IMBT contract scheme in Maybank Leasing iB for business financing

Sale and Lease Back Scheme	Direct Leasing Scheme
A financing to meet the Customer’s cash flow needs, through the sale of assets in Shariah principle already owned by the Customer to the Bank (refinancing), or transfer of financing facilities from other Banks/non-Bank Financial Institutions (take over). Furthermore, the asset is leased to the Customer. Flow of financing acquisition: The customer as the owner of the asset sells asset according to Shariah principles to the Bank and the Bank will pay the Customer according to the agreed purchase price. Subsequently, the Bank becomes the owner of the asset. The Bank (the asset owner/ lessor) leases the asset/ IMBT object to the Customer (the lessee**) at an agreed rental fee for a certain period of time. After the lease period ends, the transfer of asset ownership from the Bank to the Customer will be carried out. By way of buying and selling or grants in accordance with the agreement at the beginning. Note: For take over the Bank provides bailout funds (Qardh) to pay off the Customer's obligations at the Banks/ other non-bank financial institutions.	A financing to fulfill capital expenditure/ investment needs in the form of fixed assets through direct purchases by the Bank from suppliers/sellers. Furthermore, the asset is leased to the Customer. Flow of financing acquisition: The customer conveys the need for asset ownership to the Bank. Next, the Bank purchases the required assets from the Seller/Supplier (the Customer becomes the Bank's representative for purchasing assets from the Seller/Supplier). The Bank (Asset Owner/lessor) leases assets/ IMBT objects to the Customer (Lessee*) at an agreed rental fee for a certain period of time. After the lease period ends, the transfer of asset ownership from the Bank to the Customer will be carried out. By way of buying and selling or grants in accordance with the agreement at the beginning.

Sale and Lease Back Scheme

Direct Leasing Scheme

A financing to meet the Customer’s cash flow needs, through the sale of assets in Shariah principle already owned by the Customer to the Bank (refinancing), or transfer of financing facilities from other Banks/non-Bank Financial Institutions (take over). Furthermore, the asset is leased to the Customer.

Flow of financing acquisition:

The customer as the owner of the asset sells asset according to Shariah principles to the Bank and the Bank will pay the Customer according to the agreed purchase price*. Subsequently, the Bank becomes the owner of the asset.
The Bank (the asset owner/ lessor**) leases the asset/ IMBT object to the Customer (the lessee***) at an agreed rental fee for a certain period of time.
After the lease period ends, the transfer of asset ownership from the Bank to the Customer will be carried out. By way of buying and selling or grants in accordance with the agreement at the beginning.

Note: For take over the Bank provides bailout funds (Qardh) to pay off the Customer's obligations at the Banks/ other non-bank financial institutions.

A financing to fulfill capital expenditure/ investment needs in the form of fixed assets through direct purchases by the Bank from suppliers/sellers. Furthermore, the asset is leased to the Customer.

Flow of financing acquisition:

The customer conveys the need for asset ownership to the Bank. Next, the Bank purchases the required assets from the Seller/Supplier (the Customer becomes the Bank's representative for purchasing assets from the Seller/Supplier).
The Bank (Asset Owner/lessor**) leases assets/ IMBT objects to the Customer (Lessee***) at an agreed rental fee for a certain period of time.
After the lease period ends, the transfer of asset ownership from the Bank to the Customer will be carried out. By way of buying and selling or grants in accordance with the agreement at the beginning.

*The Bank will conduct an appraisal of the Customer's assets in accordance with the relevant internal policies.

** The Bank as lessor is the beneficial owner of the asset/property that provides the lease.

*** The Customer as a lessee, i.e. a lessee who leases assets from the Bank.

Terms IMBT

Terms and documents for IMBT Contract:

For Individuals (Self-employed) is a legitimate business and business duration of at least 3 years.
Business entity (PT/CV) that has been running for at least 3 years.
If the length of business is less than 3 years then it must have a guarantor/guarantor who is experienced in the same or related industry.
Not included in the black list of Bank Indonesia.
Indonesian Citizen (WNI) and an Indonesian Legal Entity.

Documents	Individuals	Business Entity (PT, CV)
KTP (ID Card) of the applicant (including his/her spouse if married and the owner of the guarantee/caretaker and shareholders)	√	√
Marriage certificate / divorce / death certificate / separation agreement (one)	√
NPWP (Tax ID Number)	√	√
Business license	√	√
Bank Account for the last 6 months	√	√
Deed of establishment of the company and its amendments and the latest deed		√
Decree of the Minister of Justice and Human Rights		√
Copy of asset documentation to be financed	√	√

Other terms and conditions refer to other financing terms and conditions applicable at the Bank.

For more information, please visit the nearest Maybank branch.

Maybank Leasing iB is a Sharia financing facility for the purpose of purchasing new assets and lease-based refinancing of underlying assets using the Ijarah Muntahiyah Bit Tamlik (IMBT) agreement.

Features and Benefits

Better business financial ratios

Financing under the principle of lease

Facility use

Flexible tenor

Lighter Total Liability

IMBT contract scheme

Terms IMBT

Product Summary Information

Deposit & Investment

Financing

Transaction Banking

Sharia

Custody Service