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

  1. Qualification
    • Malaysian citizen or a Malaysian Permanent Resident
    • Non-citizen with a legal passport documentation
    • Age 18 years old and above
  2. Pawning Margin
    • 65% of pledged value (for new client)
    • 70% of pledged value (for recurring client)
  3. 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
    • Az-Zahab Premium: Total maximum RM 500,000.00 (only available at selected branches – ARX cooperative)
  4. Mortgage Duration
    • Ar-Rahnu: Maximum up to 6 months
    • Az-Zahab:  Maximum up to 3 years (installment repayment plan)
    • Az-Zahab Premium: Maximum up to 3 years
  5. Storage Fee Rate
    • Pawning Margin : 65%
    • Financing < 1000 : RM 0.65
    • Financing > 1000 : RM 0.75
    • Pawning Margin : 70%
    • Financing < 1000 : RM 0.75
    • Financing > 1000 : RM 0.85
    • * These rates are subject to the pledged value for every RM100 (monthly)
  6. Shari’ah Concept:
    • Qard (interest-free financing)
    • Wadi’ah Yad Dhamanah (stored with a guarantee of security upon the pawned item)
    • Ujrah (storage fee)
  7. 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.