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Welcome to El Nuwr

SA Puncak Management Sdn Bhd or better known as El Nuwr
MOF Approved Factoring for Contractors & Suppliers

Convert Government Receivables into Immediate Cash via Approved Ministry of Finance Factoring Channels

MOF Registered Factoring Company Malaysia

Access official Ministry of Finance (MOF) accredited factoring solutions with El Nuwr. Convert verified government contracts into immediate working capital without administrative delays or traditional physical collateral requirements.

Accelerating Public Sector Contract Capital Flow

MOF E-Perolehan Integration

Seamless invoice verification through direct access to government procurement systems.

Immediate Cash Injection

Convert government receivables into working capital with short disbursement turnaround times.

Collateral-Free Capital

Secure funding lines without pledging real estate or fixed assets.

Shariah-Compliant Structure

Liquidity solutions structured in accordance with Islamic financial principles.

Bid Capability Expansion

Formal letters of support to strengthen contractors’ ability to secure larger tenders.

Streamlined Trade Settlement in Five Simple Steps

Delivery and Invoicing Order

Supplier fulfills orders and submits commercial invoices for approval.

Invoice Approval and Upload

Buyer approves receivables and uploads them to the platform.

Early Payment Request

Supplier elects to sell approved invoices for early cash.

Liquidity Disbursement

Financier advances cash to the supplier minus an agreed fee.

Settlement at Maturity

Buyer pays full invoice amount directly to the financier.

Eligibility Criteria

Registered enterprise or Sdn Bhd operating in Malaysia.

Valid active contracts or purchase orders awarded by Federal Ministries, State Government Agencies, Statutory Bodies or leading GLCs.

Valid invoices supported by signed delivery orders or verified service acceptances.

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MOF Registered Factoring Company

El Nuwr or also known as SA Puncak Management Sdn. Bhd. is a MOF-registered Islamic factoring company in Malaysia, providing Shariah compliant invoice financing for SMEs and government contractors with no collateral required. Member of the Malaysian Factors Association (MFA).

©  2026 SA Puncak Management Sdn. Bhd. Syariah-Compliant Invoice Factoring Services in Malaysia.