Friday, 31 March 2017, 3 Rejab 1438H Solat Time:
KL Imsak 5:48 | Subuh 5:58 | Syuruk 7:12 | Zohor 1:20 | Asar 4:21 | Maghrib 7:24 | Isyak 8:33

Investment Account Platform (IAP) Fees


Fees imposed to Investors

No Type of Fees and Charges Amount/ Rate
1 Wakalah fee for Wakalah contract
  • Up to 3% p.a of financing amount outstanding, payable on either monthly, quarterly, semi-annual or annual basis (the respective sponsoring bank to decide). The Wakalah fee shall be pro-rated based on the investment amount.
  • In excess over and above the Wakalah fee due to the sponsoring bank and the return payable to the investors, the excess shall be regarded as an incentive fee for sponsoring bank.
2 Provision of Ad-hoc Fund Performance Report (other than the regular Fund Performance Report) RM50 per request.
3 Opening of current or savings account (if applicable) As per the Bank’s existing standard as published in the Bank’s website.

Note: The fees as stated above exclude Goods and Services Tax (where applicable).

Fees imposed to Ventures

No Type of Fees and Charges Amount/ Rate
1 Arranger Fee (payable to sponsoring bank) SME/ Sole-Proprietor/Partnership Up to a maximum of 3% of financing amount raised (one-off fee):

  • Up to 20% of the fee is payable upon listing.
  • The remaining balance (i.e 80%) is due and payable after successful fund raising (not required to pay in the event of unsuccessful fund raising).

Non-SME/ Corporate

Up to the negotiation between sponsoring bank and the venture.

2 IAP Fee (payable to IAP Integrated Sdn Bhd) To be advised by IAP Integrated Sdn Bhd.
3 RAM Rating fee (payable to RAM Solutions Sdn Bhd) To be advised by RAM Solutions Sdn Bhd.
4 Solicitor Fee Up to negotiation between solicitor and the venture.

Note: The fees as stated above exclude Goods and Services Tax (where applicable).

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