Ar Rahnu Financing 
Syariah-based pawn-broking that allow individuals to acquire financing facilities using gold item and precious stones as collateral.
Total Financing and Limit
- Financing am granted will be based on 55% of the gold's prevailing market
Maximum financing per transaction B$6,000.00 per day Maximum total limit for the whole financing is $30,000.00
Safe Keeping Charges Repayment and Redemption Repayment and redemption must me made within 6 months after the date of financing. If client failed to redeem, the Bank will proceed to sell the gold items on auction. The cost of auction and outstanding amount will be borne by the clients.
Other Services - BIBD provides calculation of Zakat at B$5.OO
Eligibility - Brunei Citizen and Permanent Resident
- 18 - 65 years old
Required Documentation (whichever is applicable) - Financing Application Form
- Original I.C of Applicant.
- Original I.C of Gold Owner
- Wife’s original I.C (for Male applicant)
- Proxy Letter (For Redemption)
- Original I.C of the Proxy
- Marriage Certificate
- Death Certificate
Accepted Collaterals - Collateral must be presented at point of transaction
The collateral items should consist of: Gold Type | Gold Content | 24K | 99.9% | 22K | 91.6% | 21K | 87.5% | 20K | 83.5% | 18K | 75.0% |
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Financing Products 