Bank Islam in collaboration with Sarawak Energy Berhad and Syarikat Jaminan Pembiayaan Perniagaan (SJPP) provides financing access to support Sarawak Energy vendors’s business growth


  • Competitive financing rate
  • A wide range of financing facilities
  • Simplified approval process
  • Greater opportunity to grow Sarawak Energy’ vendors’ business
  • Collaboration with SJPP as credit guarantee provider


  • Local business entity
  • Vendors licensed and registered with Sarawak Energy or its subsidiaries
  • The main contractor who has directly obtained a contract/ work order from Sarawak Energy or its subsidiaries
  • New and existing vendors of Sarawak Energy or its subsidiaries

Facilities offered

Purpose of Financing

  • Working Capital
  • Capital Expenditure (specific to the contract financed by the Bank)

Financing Limit

Up to RM 10 million

Financing Rate

Base Financing Rate / Cost of Funds + minimum 1.00% per annum

Types of contract

  • Direct supply or trading;
  • Supply, installation and commissioning, testing, commissioning, training, etc.;
  • Business Services including provision of service and maintenance;
  • Construction, infrastructure; or
  • Any other contracts as approved by the Bank

Guarantee Provider

Syarikat Jaminan Pembiayaan Perniagaan (SJPP)
(Only applicable for SMEs)

How to apply

  • Fill up the form completely
  • Submit the completed form with the supporting documents to the nearest Bank Islam’s branches