Shariah-compliant micro and small business financing for Bumiputera entrepreneurs in Malaysia, with flexible repayment and no collateral required.
Submit the Financing Application Form along with the following supporting documents (where applicable)
Bumiputera Malaysian citizens aged 18 to 65 with a valid business registration or licence and who are not bankrupt. The business must be 100% Bumiputera-owned and Shariah-compliant.
Up to RM 100,000 under the Medium Financing Scheme (SPS). The Micro scheme covers RM 1,000–10,000 and the Small scheme covers RM 10,001–50,000.
Between 6 months and 120 months (10 years), depending on the financing tier and applicant profile.
4% per annum on the financing amount, paid monthly alongside the principal repayment.
Yes. Entrepreneurs must contribute savings equivalent to 5% per annum of the financing amount, paid together with monthly repayments.
TEKUN uses the Tawarruq concept. TEKUN acts as an agent (Wakil) appointed by the entrepreneur to complete the required contracts, for which a Wakalah fee applies.
Currently, applications must be submitted in person at the nearest TEKUN branch (over the counter). You may download the application form from the TEKUN website beforehand.
Applications are submitted in person (over the counter) at the TEKUN branch closest to your business premises. Bring your completed application form and all required documents.
