AR-RAHNU-AZ-ZAHAB
AR-RAHNU/ AZ-ZAHAB

- Qualification
- Malaysian citizen or a Malaysian Permanent Resident
- Non-citizen with a legal passport documentation
- Age 18 years old and above
- Pawning Margin
- 65% of pledged value (for new client)
- 80% of pledged value (for recurring client)
- Pawning Limit
- Ar-Rahnu: Minimum total amount RM100.00 and maximum RM50,000.00 (RM10,000.00 per day)
- Az-Zahab: Minimum total amount RM10,001.00/day or total maximum RM100,000.00
- Mortgage Duration
- Ar-Rahnu: Maximum up to 6 months
- Az-Zahab: Maximum up to 3 years (installment repayment plan)
- Storage Fee Rate
- Pawning Margin : 65%
- Financing < 1000 : RM 0.65
- Financing > 1000 : RM 0.75
- Pawning Margin : 80%
- Financing < 1000 : RM 0.75
- Financing > 1000 : RM 0.85
- * These rates are subject to the pledged value for every RM100 (monthly)
- Shari’ah Concept:
- Qard (interest-free financing)
- Wadi’ah Yad Dhamanah (stored with a guarantee of security upon the pawned item)
- Ujrah (storage fee)
- Benefits
- Riba’ free
- No processing fee
- Storage fee are calculated daily (maximum 15 days)
- Extensive mortgage duration
- Pawned item is secured with Takaful coverage
- Flexible repayment scheme
*Terms and Conditions apply.