Repurchase Agreement (REPO)

 

Based on the Islamic principle of Bai' Al-Dayn, REPO is a short-term investment that involves the sale of Interest Free Debt instruments. Affin Bank Berhad will repurchase the instrument at a pre-determined future date. With REPO, you do not have to leave your funds idle even for a day. Fund placement with REPO is flexible, even only for a day, at the highest return possible.

Among the interest-free debt instruments that can be purchased under REPO are the Islamic Accepted Bill (IAB) and the Green Bankers Acceptance (Green BA). Minimum requirement for deposit is RM100,000.

What are the benefits? Well for one, your investment is secured and fully guaranteed by us. This scheme also adds choice to your investment portfolio. You are able to liquidate the instruments whenever you need cash. And we manage your risks to maximise profits for you.

Sounds promising right? For further information, contact us your nearest Affin Bank Berhad CRCs.

 
 
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