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[SFinancing-i] What is the difference between activation and financing of SFinancing-i?
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Activation of SFinancing-i relates to your application for a facility limit. You will not be charged any fees upon activation.
Financing relates to the request of the financing amount within the granted facility limit. Fees and profit rate are applicable for each successful request of SFinancing-i. For each request of SFinancing-i, you agree to a Commodity Murabahah arrangement, where you request SeaMoney to facilitate the purchase and sale of commodities through an Islamic commodity platform.
SFinancing-i is a service provided by SeaMoney Capital Malaysia Sdn Bhd.
Activation of SFinancing-i relates to your application for a facility limit. You will not be charged any fees upon activation.
Financing relates to the request of the financing amount within the granted facility limit. Fees and profit rate are applicable for each successful request of SFinancing-i. For each request of SFinancing-i, you agree to a Commodity Murabahah arrangement, where you request SeaMoney to facilitate the purchase and sale of commodities through an Islamic commodity platform.
SFinancing-i is a service provided by SeaMoney Capital Malaysia Sdn Bhd.
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