FatwaNationalTransactions & Finance
Penentuan Hukum Syarak Di Dalam Pelaksanaan Skim Pajak Gadai Islam (Ar Rahnu) Di Malaysia (Cadangan Kadar Upah Simpan Barang Gadaian)
What storage fee rates for pledged items are permitted under the Ar Rahnu scheme?
Short answer
The 78th Muzakarah of the National Fatwa Committee on 12 June 2007 agreed to accept proposed storage fee rates for pledged items under the Ar Rahnu scheme.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- National Fatwa Committee (JAKIM)
- Date
- Status
- Fatwa committee decision
- Series
- Kompilasi Pandangan Hukum Muzakarah Jawatankuasa Fatwa MKI (JAKIM, terbitan 2016)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The 78th Muzakarah of the National Fatwa Committee on 12 June 2007 agreed to accept proposed storage fee rates for pledged items under the Ar Rahnu scheme. The rates are charged as a monthly percentage based on the value of the item (RM100 to RM10,000), split into the first 3 months and the following 3 months, ranging from 0.60% to 0.95% per month. If the item is still not redeemed after this period, both parties must agree on the extended period and the rate charged.
Written in our own words from the original fatwa — check the source before acting on it.
Muzakarah telah memutuskan bahawa bersetuju menerima cadangan kadar upah simpan barang gadaian untuk skim Ar Rahnu seperti berikut:
Read the full fatwa on the National website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
National Fatwa Committee (JAKIM). “Penentuan Hukum Syarak Di Dalam Pelaksanaan Skim Pajak Gadai Islam (Ar Rahnu) Di Malaysia (Cadangan Kadar Upah Simpan Barang Gadaian)”, 12 June 2007. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#penentuan-hukum-syarak-di-dalam-pelaksanaan-skim-pajak-gadai-islam-ar-rahnu-di-malaysia-cadangan-kadar-upah-simpan-baran. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/storage-fee-rates-pledged-items-ar-rahnu/