Wednesday, October 31, 2012

Koperasi Tentera To Open Third Ar Rahnu Branch

KUALA LUMPUR, Oct 29 (Bernama) -- Koperasi Angkatan Tentera Malaysia Bhd will open a new Ar Rahnu branch in Kluang, Johor next week.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=705320
Published: October 31, 2012

In a statement Monday, Koperasi Tentera said the new branch, at 45, Jalan Rambutan, will be its third after Sungai Besi here and Sungai Udang in Melaka.

"For the cooperative, the investment in Islamic pawn broking business is notable considering that many consumers are looking at gold as investment assets.

"The response is encouraging, including from the non-Muslims because the cooperative's charges are low compared to others offering the Ar-Rahnu services," it said.

Koperasi Tentera started its Ar-Rahnu business in July this year and offered loans of up to 70 per cent the value of the gold assets, it said.

-- BERNAMA

No comments:

Post a Comment