Ableace Raakin Sdn Bhd

Ableace Raakin Sdn Bhd Email and Phone Number

AbleAceRaakin (AAR) is the pioneer and a key solutions provider for Commodity Murabahah/Tawarruq transactions in Malaysia. Promoting the use of agricultural-based Commodities as the underlying assets. @
Ableace Raakin Sdn Bhd's Location
Federal Territory of Kuala Lumpur, Malaysia, Malaysia
About Ableace Raakin Sdn Bhd

Ableace Raakin Sdn Bhd is a AbleAceRaakin (AAR) is the pioneer and a key solutions provider for Commodity Murabahah/Tawarruq transactions in Malaysia. Promoting the use of agricultural-based Commodities as the underlying assets. at ABLEACE RAAKIN SDN BHD.

Ableace Raakin Sdn Bhd's Current Company Details
ABLEACE RAAKIN SDN BHD

Ableace Raakin Sdn Bhd

AbleAceRaakin (AAR) is the pioneer and a key solutions provider for Commodity Murabahah/Tawarruq transactions in Malaysia. Promoting the use of agricultural-based Commodities as the underlying assets.
Ableace Raakin Sdn Bhd Work Experience Details
  • Ableace Raakin Sdn Bhd
    Commodity Murabahah
    Ableace Raakin Sdn Bhd Sep 2006 - Present
    We conduct trading for Commodity Murabahah transactions needed for Islamic finance products. Using agricultural-based commodities as the underlying assets, Shariah-compliance is prioritised encompassing all areas of our business.Comprehensive studies and research on Islamic finance over a period of time was put in to ensure that the products and services that we provide conform to the shariah principles with the assistance of Shariah experts. AAR is the first Malaysian company providing such services and is the first in the world using palm oil & its downstream products as the asset base for the commodity murabaha program. We also work closely with our clients in consulting on commodity flow to the structure of their products in line with Shariah guidelines. In 2009, AAR ventured abroad to extend their services to Islamic Financial Institution in the Middle East. Acknowledging AAR’s contributions to the Islamic Finance Industry, AAR was accepted by Bank Negara Malaysia as part of the community in the Malaysian International Islamic Financial Center (MIFC) and also is recognized by TERAJU as a TERAS Company under TERAJU. At the international front, AAR is a Member of The International Islamic Financial Market (IIFM) based in Bahrain.

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Ableace Raakin Sdn Bhd's current role is AbleAceRaakin (AAR) is the pioneer and a key solutions provider for Commodity Murabahah/Tawarruq transactions in Malaysia. Promoting the use of agricultural-based Commodities as the underlying assets..

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