Easy Sign Up
Only IC and bank statement are needed.
Renew Now,
Pay Later
Shariah-compliant financing with 3 to 12 monthly payments up to RM 5,000. Add-on coverage with DirectCare+ PA Takaful up to RM 15,000.
Shariah-compliant plan
Fast document review
No hidden fees
How It Works
Available Amount
Up to RM 5,000
Best For
Car owners
Journey
Service flow 01
Apply online
Share your basic details and preferred monthly plan.
02
Upload documents
Submit your IC and recent bank statement for checking.
03
Confirm payment plan
Review your instalment plan and sign digitally.
04
Complete service
Proceed with your service while paying monthly.
Prepare
IC requiredBank statementNo credit card requiredMonthly instalments
Repair NowPay MonthlyShariah-compliant
Stay Covered with Easy Repayments
Uninterrupted Coverage
Renew your car takaful with ease and enjoy uninterrupted coverage.
Renew Now, Pay Later
Split the car takaful payments from 3 to 12 fixed monthly repayments.
Manage Renewal Costs
No more worrying about high renewal costs.
Why Use This Plan
Easy to apply,
simple to repay.
Quick Approval
Approval can be within 15 minutes during working hours.
Affordable
Pay up to 12 times monthly payments with no hidden fee.
Inclusive
No credit or debit card is required.
Shariah-Compliant Financing
Built on a
Shariah structure.
This financing facility is endorsed by Amanie Advisors and based on the Shariah concept of Commodity Murabahah via Tawarruq.
Amanie AdvisorsCommodity MurabahahTawarruq
Certified Framework
Commodity Murabahah via Tawarruq
This is a Shariah-compliant financing facility fully endorsed by Amanie Advisors, a leading global Islamic Finance Advisory firm led by the renowned Shariah scholar Tan Sri Dr. Mohd Daud Abu Bakar.
How it works
The facility uses a Shariah-compliant commodity as the underlying asset for the sale and purchase transaction used to facilitate the financing.
Endorsed Advisory
Endorsed by Amanie Advisors, a global Islamic Finance Advisory firm.
Buy-and-Sell Concept
Structured through Commodity Murabahah via Tawarruq.
Clear Facility Structure
The financing uses a Shariah-compliant commodity as the underlying asset.
Plan Details
Renew your
car takaful.
This plan is solely for car takaful renewal purposes. The approved amount is disbursed directly to the participating car takaful provider where the takaful is renewed.
Financing Amount
RM 300 - RM 5,000
The financing amount ranges from RM 300 minimum to RM 5,000 maximum.
Financing Period
3 - 12 payments
The financing period is from 3 to 12 monthly payments.
Profit Rate
1.5% per month
The profit rate is 1.5% per month, with no processing fee involved.
Facility Type
Unsecured
No guarantor or collateral is required for this facility.
Approval
As fast as 15 minutes
Final approval results and maximum amount can be known as fast as 15 minutes during working hours after complete documentation.
Usage Window
Within 2 weeks
Once pre-approved, the facility can be used within 2 weeks.
Payment Calculator
Estimate your
monthly payment.
Use the financing amount, tenure, and profit rate as a guide before confirming the final monthly payment.
Profit Rate
1.5% per month
The referenced plan states that no processing fee is involved.
Amount & Tenure
RM 300 - RM 5,000 / 3 - 12 months
Monthly payment depends on the financing amount, selected tenure, and credit profile.
Illustration
RM 89.50 per month
For RM 500 financing over 6 months at a 1.5% monthly profit rate, the referenced illustration shows RM 89.50 monthly repayment.
Payment Method
eMandate auto-debit
Monthly payment is deducted from the bank account set up through eMandate before signing the agreement.
Eligibility & Documents
Only the
essentials.
Other than filling in basic personal details, only two document types are required for this financing.
Who Is Eligible
- Open to Malaysian nationals aged between 18 and 65 years old.
- Must have a bank account.
- A credit card is not mandatory.
Documents Required
- Photos of NRIC, front and back.
- Bank statement for the past 3 months from the main account that receives income such as salary.
How to Apply
01
Apply
Fill in your details.
02
Upload
Upload only your identification card and 3 months bank statement.
03
Check Out
Make first payment, set the monthly payment, and sign the financing agreement.
Car Takaful Partners
Listed provider
partners.
These are the provider partners listed for the car takaful instalment plan.
FAQ
Common
questions.
Details on approval, documents, disbursement, payments, late charges, early settlement, and DirectCare+ PA Takaful.
