FSMI2 is a Shariah compliant government funded scheme for SMIs.

FSMI2 Features:

	Items	Concept	Facility
a)	Financing concept between Bank and customer and type of facilities	Bai´ Bithaman Ajil Murabahah Bai´ Al-Dayn Musharakah Mutanaqisah	Fixed Cash Line-i and variable Term Financing Variable Cash Line-i, MTR-i, AB-i (import / purchase) and ECR-i (pre-shipment) and Term Financing AB-i (export/sale), ECR-i (post-shipment) and F/DBEP-i Musharakah Mutanaqisah Term Financing-i (MMTF-i)
b)	Purpose of financing		For working capital or expansion of productive capacity or both.
c)	Financing amount		Minimum RM50,000 per customer Maximum RM3.0 million per customer
d)	Tenure of financing		Maximum of 5 years from the first drawdown date by BNM. This should not, however, prevent the Bank from providing financing exceeding 5 years for all Term Financings, Fixed Cashlire-i and Variable Cashlire-i, provided the effective rate for the first 5 years will be the FSMI2 rate and the remaining period will be at the market rate.
e)	Profit Rated		The profit rate during FSMI2 financing tenure (5 years) is 5.0% p.a. The profit rate for each Trade Finance transaction at Trade Finance Centre is the prevailing effective rate (FSMI2 rate), which is 5.0% p.a. Upon expiry of the 5 years' financing tenure, the profit rate will be at the market rate.
f)	Commitment Fee		Not Applicable.
g)	Processing Fee		As approved by Management

Who can apply

All SMIs operating in selected sectors which fulfil the following conditions:

• Shareholders' funds of not exceeding RM10.0 million;
• Malaysian-owned companies/institutions (at least 51% ownership) registered under the Companies Act 1965, the Cooperative Societies Act 1993, the Societies Act 1996 or citizens residing in Malaysia and entrepreneurs registered under the Registrar of Business or any other authoritative bodies;
• All export-oriented companies in the following sectors:

• Manufacturing
• Services

FSMI2 cannot be applied for:

• Refinancing of existing credit facilities
• Purchase of shares
• Purchase of land
• Non-Shariah compliant business activities.

*Terms and conditions apply