A Golden Opportunity to Gain Credit
Abdul Razak Mohd Kadir, COO, Pos Ar-Rahnu
23-Nov-16 08:05
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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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Tags: Ringgit, MYR, Gold, pawnbroking, microcredit, microfinance, fintech, pos malaysia