Kuala lumpur: Bank Muamalat Malaysia Bhd is facilitating access to Bank Negara Malaysia's (BNM) newly introduced SME Stabilisation Relief Facility (SME SRF) to help small and medium enterprises (SMEs) affected by ongoing global economic uncertainties, including the continuing conflict in West Asia. Its president and chief executive officer, Datuk Khairul Kamarudin, said the bank understood the growing challenges faced by SMEs and remained committed to assisting businesses through practical and Shariah-compliant financial solutions.

According to BERNAMA News Agency, Bank Muamalat's priority is to support customers with solutions that address their immediate needs while also reinforcing long-term resilience. Datuk Khairul Kamarudin encouraged affected SMEs to engage with the bank early to identify suitable support for business continuity and growth.

The SME SRF is part of BNM's RM5 billion relief initiative aimed at supporting viable SMEs impacted by geopolitical tensions and supply chain disruptions. Bank Muamalat stated that the facility represents a coordinated industry effort to help businesses stay resilient and contribute to economic stability.

Eligible SMEs under the SME SRF can obtain financing of up to RM750,000 at a profit rate capped at 3.75 per cent per annum. The facility is bolstered by guarantee coverage of up to 80 per cent through Credit Guarantee Corporation Malaysia Bhd (CGC) or Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP), enhancing financing access for affected businesses.

In addition to the facility, Bank Muamalat continues to assist SMEs through rescheduling and restructuring assistance, flexible repayment arrangements, personalised advisory services, and Shariah-compliant financing solutions to help businesses manage cash flow pressures and sustain operations. Applications for the SME SRF are open to eligible SME borrowers from May 15 until Dec 31, 2026, or until the allocated funds are fully utilised.