The Islamic-Working Capital Project Financing (i-WCPF) Programme aims to provide swift and convenient access to shariah-compliant financing for Bumiputera companies comprising Start-Ups to Medium-Sized companies through digital financing platform initiatives. The program emphasizes the inclusion of pre and post-invoice financing, allowing companies to leverage their outstanding invoices to access funds for business expansion and operational needs through working capital financing.
i-WCPF is structured around a Shariah-compliant financing system utilizing the Tawarruq concept to support Bumiputera companies facing cash flow challenges. This initiative enables contractors and service providers to receive advance payments for completed work within a shorter timeframe.
This will be able to drive the upscaling and expansion of Bumiputera companies through comprehensive support, strategic initiatives, and targeted interventions. TERAJU’s extensive experience and network will be instrumental in identifying high-potential companies and providing them with the necessary support to elevate their operations to the next level of growth and competitiveness.