| [Bernama] Affin Islamic Bank Berhad today launched Affin Home Invest-i, and expects to disburse RM50 million under the new financing products this year. Its CEO said that since the soft launch in February, the bank had approved applications for up to RM30 million. The new products based on the Musharakah Mutanaqisah concept, which would eventually replace the Bai-Bithaman Ajil concept, are flexible home and business property financing products that were designed specifically for the masses. |
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