All verified schemes
Source on file · checked 2026-10-12

Skim Pembiayaan Kontrak Ekspres (SPiKE) / SPiKE GLC

Provider: Majlis Amanah Rakyat (MARA)

This page describes a scheme family we have verified against its official source. Terms change — always confirm the live criteria, costs and availability with the provider before you apply.

Scheme details

Provider
Majlis Amanah Rakyat (MARA)
Instrument type
trade financing
Ticket tier
Medium
Source last checked
2026-10-12
Indicative ticket range
Up to RM1,000,000 · Indicative figure — confirm live at source
Who it’s for
Bumiputera contractors
Shariah
Yes

What the money can be used for

  • working capital for contract (no progress payment: up to 75% of contract value
  • with progress payment: up to 80% for first 3 months)

Re-verified 2026-10-12, no change; added financing-limit percentages and collateral tiers.

Official source

Applications are only ever made on the provider’s own official channel — never here. We do not process applications or take your documents.

Apply at the official source

https://www.mara.gov.my/en/index/ent-menu/support-facilities/ent-business-finance/spike-spike-glc/

A match is not an approval or a promise of eligibility. The provider decides.