BFM Podcast

A Golden Opportunity to Gain Credit

Tan KW
Publish date: Wed, 23 Nov 2016, 09:41 AM

Abdul Razak Mohd Kadir, COO, Pos Ar-Rahnu

23-Nov-16 14:04

 

Any asset can be collateralised to raise funding. Pos ArRahnu takes it one step further by pawnbroking smaller denominations of gold as a versatile facilitator of microcredit. We look into the pros and cons of this business including whether expensive effective interest rates are Islamic, funding options, and the digital impact.

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