Ar-Rahnu
Koperasi Tentera
Koperasi Tentera ventured into Islamic pawnbroking through Ar-Rahnu Koperasi Tentera (Ar-RahnuKT) in 2012.
This Shariah-compliant financial service is open to all members of Koperasi Tentera and the public who are looking for alternatives to instant cash financing and aiming to avoid ‘riba’ in pawnbroking.
Ar-Rahnu Prihatin
Offering instant cash through financing up to RM5,000 with profit rate starting from RM0.55.
Ar-Rahnu Prima
Offering instant cash through financing with maximum cumulative limit up to RM300,000.
Tawarruq
Sale and purchase of assets with deferred payment, followed by resale for cash.
Al-Wadiah Yad Dhomanah (Deposit with Guarantee)
Security agreement between Ar-RahnuKT and customer.
Profit Rate
Charged based on the actual collateralized gold value.
Rahn
- Refers to collateral or pledge contract
- Turn an asset as a guarantee to a financing where the asset can be used to settle the financing in the event where customers are unable to fulfill their responsibility to settle the financing
Ibra’
Rebate given to customers for early settlement.
Wakalah
The contract allows one party to act on behalf of another for shariahcompliant tasks.
- Open to all Malaysian Citizens
- Age Limit is 18 and above
- Mentally competent
- Has not been declared bankrupt
- Offers Riba-free financing.
- Offers financing up to 70% of the collateralised gold value with profit as low as RM0.55
- Payments can be made in installments or in a lump sum.
- The gold is secure and insured.
Purity Of Gold | Carat Rating | ||||||||||||
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Feature | Ar-Rahnu Prihatin | Ar-Rahnu Prima | |||||||||||||||||||||||||||||||
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