Bank Rakyat Skim Pembiayaan Mikro-i MUsk

Expand your small business and compete confidently in the mainstream market with help from Bank Rakyat business financing, offering flexible instalments at a flat profit rate.

Bank Rakyat Skim Pembiayaan Mikro-i MUsk
Up to 5 years
Profit Rate
from 12.56% p.a.
Financing type
islamic financing
Profit Type
Flat profit rate

Profit rates

How much the bank charges you based on your financing amount & financing period

Financing ValueFinancing periodAnnual Sales TurnoverProfit Rate
RM1,000 - RM50,00012 to 60 monthsup to RM300,00012.56% p.a.

Fees & Charges

Profit Rate / APR
As low as 12.56% p.a. depending on financing amount and period
Stamp Duty
Wakalah Fee
Late Penalty Fee
 1%  from current outstanding amount


Maximum Annual sales turnover
Minimum Company Age
1 year
Malaysian Ownership
Who can apply
  • Malaysian Registered Companies.
  • Micro Enterprise

More Information

Tell me the features of Skim Pembiayaan Mikro-i MUsk.

Skim Pembiayaan Mikro-i MUsk (Modal Usahawan Kecil) is a Shariah-compliant business loan that follows the contract of Tawarruq and is offered to micro and small entrepreneurs for capital expenditure and working capital.

If you are a small business owner, you can borrow between RM1,000 to RM50,000 at a flat profit rate of 12.56% per annum. 

That's not all, you will also have the flexibility to repay your instalment as soon as 1 year, or stretch it up to 5 years.

What can I finance via Skim Pembiayaan Mikro-i MUsk?

You can use this capital financing to grow your small business, such as buying new equipment or machinery, managing daily expenses and upgrading to new technology or system, among other things. 

The best part of this capital financing is that you will be covered with a free Takaful plan.

Who can apply for Skim Pembiayaan Mikro-i MUsk?

This capital financing is catered specially to cooperative members and members of the Hawkers and Petty Traders Association who run small enterprises in the retail wholesale, manufacturing, services and other industries approved by Bank Rakyat.

You are also required to meet these requirements:

  • Must be a Malaysian citizen
  • Aged between 18 years to 65 years old
  • Minimum 2-year business operation
  • Sole Proprietor, partnership, private
  • Must join a Self Help Group (Kumpulan Bantu Diri)

Do I need a guarantor or collateral?

You don't need to standby a guarantor or pledge collateral to apply for this capital financing. 

However, Bank Rakyat requires you to form a Self Help Group (Kumpulan Bantu Diri) comprising 5 to 10 people.

Are there fees and charges I should know?

This capital financing facility only charges you a Wakalah Fee of RM28.30 upon approval, and a late payment fee of 1% per annum when you are behind with your instalment. 

There are no hidden fees and charges.

How can I pay back the instalment?

It is worth noting that you can choose to pay for your instalment on a weekly basis. 

This payment can be made via savings account/current account deduction or money transfer via ATM and cash deposit machine.

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