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WELCOME TO
IKHLAS AL DAIN
IKHLAS AL DAIN SDN BHD (IKHLAS) is a factoring house approved by the Ministry of Finance and Bank Negara Malaysia and governed by the Financial Services Act, 2013 and are registered in ePerolehan.
Our financial products cover both accounts payable and accounts receivable financing and we fund government procurement contracts as well as that from GLCs. We have a team of experienced personnel with wide exposure in financial services to serve you.
PRODUCTS & SERVICES
INVOICE ADVANCE
Accounts receivable financing to meet clients’ general and administration expenses such as salaries and wages, rentals, and other fixed and variable overheads.
SUPPLIER ADVANCE
Financing of payments to manufacturers, suppliers, distributors, and other parties in the value chain.
CASH
ADVANCE
Payment to clients to cover their pre-contract delivery expenses, reimburse incurred costs, and support their cash flow.
TERM
ADVANCE
Upfront payment to clients to cater for mobilization expenses for duration-based contracts with recurring invoices.
BOND
ADVANCE
Funding provided to procure performance bond in the form of bank, insurance, or financial guarantee for government procurement contracts.
SUPPORT
LETTER
Financial back-up document to support government procurement tender and quotation bids.
LETTER OF UNDERTAKING
Issued to manufacturers, suppliers, and distributors and release of goods ordered prior to payment.
COLLECTION AGENT
Funding provided to procure performance bond in the form of bank, insurance, or financial guarantee for government procurement contracts.
Our Team
Razif Mohar
Chief Executive Officer
Ahmad Zawir
Chief Operating Officer
Sharifah Shazmin
Head of Business
Hafidah Hanafi
Head of Operation
Our Clientele
