Cagamas SRP Berhad (“Cagamas SRP”) and Cagamas Berhad (“Cagamas”) hosted a product briefing session on Green Mortgage Guarantee Programme (“Green MGP”) for financial institutions (“FIs”). Cagamas SRP, a wholly owned subsidiary of Cagamas Holdings Berhad, plans to offer Green MGP to the FIs soon. The programme allows eligible homebuyers to obtain up to 110% financing from FIs for purchasing green-certified or green-enhanced residential properties with guarantees provided under the Cagamas Mortgage Guarantee Programme for both conventional and Islamic home financing options.
The two-day session began with welcome remarks by Cagamas’ President and Chief Executive Officer, Encik Kameel Abdul Halim, followed by briefings from Chief Business Officer, Encik Abdul Hakim Amir Zainol, Head of Cagamas SRP, Ms. Zulieka Zulkipli, and Operations Manager, Ms. Rusma Ida Adurus.