Rebecca PY MALAYSIA, 8 JULY 2026 – AEON Bank (M) Berhad, Malaysia’s first digital Islamic bank, has broadened its suite of business banking solutions with the launch of two new financing products, Term Financing-i and Working Capital Financing-i, under its Business Banking arm, AEON Bank Biz.
The new facilities are designed to give Shariah-compliant businesses timely and flexible access to capital as they navigate evolving market conditions. Both products are structured around the Murabahah via Tawarruq concept, reflecting the bank’s commitment to transparent and ethical Islamic banking practices.
Term Financing-i is built to support medium to long-term growth initiatives such as asset purchases and infrastructure expansion, while helping businesses maintain healthy cash flow. Key features include zero collateral requirements, no hidden charges, repayment tenures of up to 60 months, and direct fund disbursement into a customer’s AEON Bank Biz Business Current Account-i. Working Capital Financing-i, meanwhile, addresses short-term liquidity needs by offering a flexible credit line to help businesses manage operational budget gaps and financial cycles. The facility provides high-value liquidity with multiple disbursement options within a financing limit of up to three years, the ability to repay principal and refresh approved limits without reapplying, disbursement periods of up to 12 months, and a fully online disbursement process.
Beyond these financing tools, AEON Bank Biz positions itself as a comprehensive, Shariah-compliant banking partner for business owners across Malaysia, helping them manage assets, liabilities, and day-to-day financial operations through a simplified digital process. Central to this offering is the Business Current Account-i, which includes integrated cash management for payments and collections via DuitNow and RENTAS, instant settlement and notifications through DuitNow QR, and smart cash management through Biz Term Deposit-i, which offers profit rates of up to 3.20 percent per annum on tenures as short as one day with an entry point of just RM500. The account also includes governance controls with multi-user access authorization and structured approval workflows that mirror corporate governance standards.
The rollout comes as Malaysia works toward its national target of raising SME contributions to Gross Domestic Product to 50 percent by 2030, a goal that hinges significantly on improved access to financing. AEON Bank said digital banking solutions and fintech innovation will play a critical role in helping businesses scale sustainably and meet this national objective.