Koperasi Az-Zahabi Selangor Berhad shall operate an online Ar-Rahn exchange with the members interest in mind. The Ar-Arahn Az-Zahabi exchange shall allow members and customers to pawn/ar-rahn their gold units via their online accounts. A separate ar-rahn account will be created for each ar-rahnu transaction.
It shall also provide a variety of exchanges for the gold units acquisition, safe keeping and utilisation, to the members and customers of the Koperasi.
There are also several Az-Zahabi Business packages that Koperasi Az-Zahabi shall offer its members and customers, as part of its services. The lAz-Zahabi business packages are Ar-Rahn, Qirad, Souk and Musharakah business packages that caters for the development and operations of the various businesses.
Koperasi Az-Zahabi Selangor Berhad facilitates conversion of local currencies into Digital Asset units, each unit backed by 1 gram of gold, for its members and customers. The Digital Asset gold units are allotted from PAMP Suisse 1,000 gram 999.9 cast bars. The allocation of the gold units are regulated by the system and can easily be monitored via the online system.
Regular audit by an independent auditor shall authenticate the existence of these gold bars, complete with block-chain distributed accounting with the physical gold stored in safe deposit boxes around the localities.
Option to convert into preferred gold bars or dinars and dirhams, would be available as an option for the members/customers.