The Islamic-Working Capital Project Financing (i-WCPF) Programme aims to provide swift and convenient access to Shariah-compliant SME financing for Bumiputera companies, ranging from start-ups to medium-sized businesses, through digital financing platform initiatives. The programme emphasises the inclusion of pre and post-invoice financing, allowing companies to leverage their outstanding invoices to access funds for business expansion, operational needs, and other business financing requirements through working capital financing.
i-WCPF is structured around a Shariah-compliant financing system utilising the Tawarruq concept to support Bumiputera companies facing cash flow challenges. This initiative provides a vital SME financing solution, enabling contractors and service providers to receive advance payments for completed work within a shorter time frame.
This initiative will 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.
