Thursday, November 1, 2012

Ar-Rahnu BIMB Charges 60 Sen A Month For Pawned Gold Items Worth RM100

KOTA BAHARU, Nov 1 (Bernama) -- Bank Islam Malaysia Bhd (BIMB), which is involved in the Islamic Ar-Rahnu pawnbroking business via subsidiary, Farihan Corp Sdn Bhd, charges 60 sen a month for pawned gold items worth RM100.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=706142
Published: November 01, 2012

"The rate will increase to 70 sen a month for items worth more than RM500 to RM2,500," said Farihan principal officer, Mahmood Jusoh.

Mahmood said this to reporters after the presentation of Ar-Rahnu business zakat ceremony last night.

He said Ar-Rahnu BIMB has set up four branches in Kelantan and there were plans to set up units in other states.

-- BERNAMA 

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