Ableace Raakin Sdn Bhd Email & Phone Number

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.

• 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.