THE Fintech arm of Axiata Group Bhd, Boost offers up to RM100,000 to micro, small and medium enterprises (MSMEs) through Capital Plus, financed through its market leading digital lending subsidiary Boost Credit (formerly Aspirasi). Capital Plus is a Shariah-compliant micro-financing facility based on Commodity Murabahah, ideal for MSMEs. It offers financing from as low as RM1,000 up to RM100,000 over a 15-month tenure at a low profit rate of 1.2% per month, with no repayment of principal for the first three months. MSMEs do not need any guarantor or collateral to apply for this financing.
The article in full: https://themalaysianreserve.com/2022/02/04/boost-offers-fast-tracked-shariah-compliant-financing-for-msmes/