FAQs

1. What is Ar-Rahnu?

Ar-Rahnu is an Islamic pawn broking service that allows customers to pledge gold as collateral for a Shariah-compliant loan. It is a quick and convenient way to access short-term financing.

2. What types of gold items are accepted?

We accept gold jewelry and coins of various purities. All items must be verified and valued by our experts before approval.

3. How much financing can I receive?

The loan amount is based on a percentage of the gold’s current market value, typically ranging from 65% to 75%.

4. What is the loan tenure?

The standard loan period is up to six months, with the option to renew by paying a portion of the outstanding amount.

5. Are there any fees or service charges?

Yes, a minimal service charge is applied based on the loan amount and tenure. This fee is calculated transparently and is Shariah-compliant.

6. What happens if I cannot repay the loan on time?

If the loan is not settled or renewed within the agreed period, the gold may be sold to recover the outstanding amount. Any surplus proceeds will be returned to you.

7. Is my gold safe while in custody?

Yes, your gold is securely stored in a highly protected vault until the loan is fully repaid.

8. Can non-Muslims use the Ar-Rahnu service?

Yes, Ar-Rahnu services are open to all customers regardless of religion.

9. How can I apply for an Ar-Rahnu loan?

You can visit any of our Emira Bank branches offering Ar-Rahnu services. Bring your identification card (MyKad) and the gold items you wish to pledge.

10. Can I partially redeem my gold?

Yes, partial redemption is allowed if you repay part of the loan amount, which will reduce your outstanding balance accordingly.

" Your Treasure, Your Trust - Unlock Value with Ar-Rahnu " - Emira Bank

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