Daily Gold Price
Effective Update: 15 January, 2021
No | Gold Standard ("Mutu Emas") | Price per gram (RM) |
---|---|---|
1 | 750 | 205.10 |
2 | 835 | 228.34 |
3 | 875 | 239.28 |
4 | 916 | 250.49 |
5 | 950 | 259.79 |
6 | 999 | 273.19 |
Pawn your gold items and enjoy immediate financing of up to 80% of the pledged gold value with Islamic Pawn Broking under Muamalat Ar Rahnu (Tawarruq).
Enjoy fixed profit rate of 11.25% p.a (0.9375% monthly) based on financing amount and a tenure up to 18 months.
Islamic Pawn Broking is an Islamic Pawn Broking scheme based on the Shariah concept of Tawarruq (commodity Murabahah) and Rahn (Pawn broking).
Applicant Eligibility
Benefits
Financing Margin
Financing Limit
Acceptable Gold Collaterals
Please click the following links for further details:
CONSUMER ALERT & UPDATES
LIST OF UNAUTHORISED WEBSITES / INVESTMENT PRODUCTS / COMPANIES / INDIVIDUALS
Pawn Duration (Tenure of Financing)
Profit Rate
Comparison On The Calculation Of Profit Rate as Opposed To Safekeeping Fee
Islamic Pawn Broking (Tawarruq) | Muamalat Ar Rahnu (Qard) | Conventional Pawn Broking |
---|---|---|
Profit Rate = RM250 x 11.25% / 12 = RM2.34 per month |
Safekeeping fee = RM1000/100 x 0.65 = RM6.50 per month |
Interest Rate = RM250 x 2% = RM5.00 per month |
For Islamic Pawn Broking Muamalat Ar Rahnu (Tawarruq), the financing charge is RM2.34 cheaper than standard Muamalat Ar Rahnu (Qard) and conventional pawn broking schemes. |
Payment
Pawn Redemption
How To Apply
Ar-Rahnu Marketing Brochures
*Product disclosure Sheet (PDS)
FAQ- ArRahnu Calculator
User Guide- ArRahnu Calculator
Published on Mei 01, 2020