Sedania As Salam introduces GoHalal financing programme

KUALA LUMPUR: Sedania As Salam Capital Sdn Bhd (SASC) has launched the GoHalal Financing Programme, a platform which seeks to offer syariah-compliant financing that would enable an Islamic financing environment by equipping community credit companies with necessary procedures and required tools for their financial offerings.

Chief executive officer Nisa Ismail said the programme is targeted to serve as a holistic platform for licensed moneylenders to tap into the broader Islamic market — the first of its kind to be offered to community credit companies registered with the Ministry of Housing and Local Government.

“The GoHalal Financing Programme is multifaceted that comes with a set of components, including Shariah certification process and advisory on Shariahcompliant documents, readyto-use Tawarruq platform that provides real-time 24/7 trading of digital commodities.

“It also has digital agreements using automated digital akad, secured direct debit e- mandate, takaful protection, digital marketing services and a financial marketplace,” Nisa said in a statement.

Nisa said the programme will meet the rising demands for syariah financing options and help ease the cash flow of those affected by the virus outbreak.

“With the extension of the movement control order (MCO), these people do not have the financial muscle to absorb financial impacts caused by the lockdown.

“We hope the programme can help address that,” she said. — Bernama