The terms of the facility are as follows:

No Item Description
1 Financing Amount/ Cost of Finance (COF) RM 200,000.00
2 Ceiling profit rate (CPR) 10.6%
BFR -2.2%
3 Effective profit rate (EPR)
( 4.4% prevailing rate at point of contract)
4 Financing Tenure 20 years (240 months)
5 Selling price RM 482,450.94
6 Instalment mode Monthly – Instalment amount according to EPR

Schedule of Deductions
Payment Monthly Outstanding Outstanding Deferred
No COF Profit on
Date Installment Selling Price COF Profit
Payment Cost (POC)

0 30-06-2009 - - - 482,450.94 200,000.00 282,450.94

1 31-07-2009 1,255.00 521.67 733.33 481,195.94 199,478.33 281,717.61

2 31-08-2009 1,255.00 523.58 731.42 479,940.94 198,954.75 280,986.19

3 30-09-2009 1,255.00 525.50 729.50 478,685.94 198,429.25 280,256.69

4 31-10-2009 1,255.00 527.43 727.57 477,430.94 197,901.83 279,529.11

5 30-11-2009 1,255.00 529.36 725.64 476,175.94 197,372.47 278,803.47

6 31-12-2009 1,255.00 531.30 723.70 474,920.94 196,841.17 278,079.77

7 31-01-2010 1,255.00 533.25 721.75 473,665.94 196,307.92 277,358.02

8 28-02-2010 1,255.00 535.20 719.80 472,410.94 195,772.71 276,638.23

9 31-03-2010 1,255.00 537.17 717.83 471,155.94 195,235.55 275,920.39

10 30-04-2010 1,255.00 539.14 715.86 469,900.94 194,696.41 275,204.53

11 31-05-2010 1,255.00 541.11 713.89 468,645.94 194,155.30 274,490.64

12 30-06-2010 1,255.00 543.10 711.90 467,390.94 193,612.20 273,778.74

Disclaimer: This schedule indicates the payment of instalments by customer. The values illustrated above may
change according to a number of variables such as promptness of payments by customer, prepayments, differing
disbursement amount and the daily difference between the effective profit rate (EPR) and the contracted profit rate
(CPR).
Illustration on the application of formula:
Early settlement of financing

Schedule of Deductions
Payment Monthly COF Profit on Outstanding Outstanding Deferred
No
Date Installment Payment Cost (POC) Selling Price COF Profit

0 30-06-2009 - - -
482,450.94 200,000.00 282,450.94

1 31-07-2009 1,255.00
521.67 733.33 481,195.94 199,478.33 281,717.61

2 31-08-2009 1,255.00
523.58 731.42 479,940.94 198,954.75 280,986.19

47 31-05-2013 1,255.00
617.32 637.68 423,465.94 173,295.49 250,170.45

48 30-06-2013 1,255.00
619.58 635.42 422,210.94 172,675.91 249,535.03

49 31-07-2013 1,255.00
621.85 633.15 420,955.94 172,054.06 248,901.89

Customer approached the Maybank Islamic for early settlement at the 48th instalment and extract of the payment
schedule:

No Item Description
1 Deferred profit RM 249,535.03
2 Outstanding selling price RM 422,210.94
3 Instalment due but unpaid (48th instalment based on EPR) RM 1,255.00
Formula

Ibra’ at settlement = Deferred Profit - Early Settlement Charges

= 249,535.03 - 0.00

249,535.03

Settlement = Outstanding Selling + Instalments + *Other Amount - Ibra’ at Settlement

= 422,210.94 + 1,255.00 + 0.00 - 249,535.03

= 173,930.91

*Amount Due Payable i.e. Late Payment Charges, Legal Fee, Postage Fee, Repossession cost and others related
cost.