KOPERASI ARASH JAYA KELANTAN BERHAD

FINANCING FOR CONTRUCTOR

KORAYA offers the At-Taawun product, a shariah-compliant revolving capital financing product by Koraya.

At-Taawun offers to developers and housing contractors who are members of cooperatives and need short-term working capital for the business to run.

In short, Koraya uses the Tawarruq method where members will buy commodities from Koraya and will sell themselves / delegate for sale to third parties to raise cash.

Further the member requires the payment that has been made in advance to Koraya within the promised period of use of the contract made.