koperasi wawasan malaysia berhad

What koperasi wawasan malaysia berhad does

Koperasi Ukhwah Malaysia Berhad is a Malaysian cooperative society (Koperasi) registered on 7 July 1998 — originally as Koperasi Pendidikan Islam Malaysia Berhad, before rebranding in 2016 — that provides Sharia-compliant personal financing and ancillary welfare services to federal civil servants, statutory body staff, and Government-Linked Company (GLC) employees. Its flagship product, Ukhwah Cash-i, extends personal financing of up to RM200,000 at rates starting from 0.39% per month (~4.35% annual) with repayment tenures of up to 10 years, complemented by the GLC-targeted Coshare product and a parallel KFH Islamic financing schedule.

The business model is subscription-recurring in nature, monetising interest on member loans while distributing an average dividend of roughly 10% per annum to members who hold cooperative shares, thereby tying member returns to the cooperative's profitability. Members additionally access the UKHWAHCare welfare package — death benefits (khairat kematian), marriage and childbirth allowances, DermaSiswa scholarships, and accommodation at Regalia Servis Apartment and Seven Residence in Kuala Lumpur — and the cooperative has extended into adjacent services such as Maybank Trustee wasiat (estate) planning and AKPK-aligned debt management, with a stated vision of building a 'Bandar Koperasi'.

Distribution is sales-led and relationship-driven: a dedicated sales team (led by Sales Team Manager Siti Malissa Bt Hassan, with 19+ years of tenure) conducts eligibility checks and onboarding via phone, WhatsApp, Telegram, and walk-in consultations at the No.25 Jalan Medan Tuanku, Kuala Lumpur headquarters, with a marketing office at No.27 Tingkat Bawah, Jalan Medan Tuanku. The cooperative operates across Kuala Lumpur, Selangor, Melaka, and Terengganu, and was ranked No. 13 nationally and No. 8 in Wilayah Persekutuan by Suruhanjaya Koperasi Malaysia (SKM) in 2017, alongside a Best Cooperative in Real Estate Sector recognition. No core lending technology platform, proprietary digital stack, or AI/automation capability is disclosed; technology dependence is limited to standard Wix-hosted marketing sites, social media channels, and messaging applications.

Name

koperasi wawasan malaysia berhad

Legal name

KOPERASI UKHWAH MALAYSIA BERHAD

Website

https://pinjamanperibadi-hq.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Koperasi Ukhwah Malaysia Berhad is a Malaysian cooperative society, operating since 1998, providing Sharia-compliant personal financing up to RM200,000 (Ukhwah Cash-i) to federal civil servants, statutory body staff, and GLC employees, supplemented by member welfare benefits and an average 10% annual dividend.

Ownership category

akta.pro rank

Product category

Cooperative Personal Financing (Sharia-compliant)

NAICS

Credit Unions (522130)

SIC

Miscellaneous Business Credit Institution (6159), Finance Services (6199)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

akta.pro secondary industry

Islamic Corporate Banking (FSABAGAC)

Keywords

• Personal financing
• Islamic financing
• Government employee loans
• Cooperative lending
• Sharia-compliant loans

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Personal Financing (Ukhwah Cash-i): Provides personal financing products to government employees and statutory body staff. Revenue generated through interest rates on loans (0.39% per month minimum, 4.35%-4.99% annual rates). Repayment terms range from 2 to 10 years with financing amounts up to RM200,000.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Koperasi Wawasan Malaysia Berhad operates as a Malaysian cooperative society providing Sharia-compliant personal financing (Ukhwah Cash-i) of up to RM200,000 to government employees and statutory body staff, with interest rates starting from 0.39% per month and flexible repayment terms up to 10 years. The cooperative also offers specialized financing products for Government-Linked Company (GLC) employees (Coshare) and a dedicated Islamic financing option (KFH), supplemented by the Kelab UKHWAHCare membership benefits club that delivers welfare benefits such as death benefits, scholarships, and accommodation in Kuala Lumpur.

Product overview

Koperasi Ukhwah Malaysia Berhad operates as a cooperative offering personal financing products primarily to government employees and Government-Linked Companies (GLC) staff. The core product portfolio includes Ukhwah Cash-i (personal financing up to RM200,000), Coshare (GLC-specific financing), and KFH (Islamic financing option), all with competitive rates starting from 0.39% per month and repayment terms up to 10 years. The cooperative supplements its financing services with Kelab UKHWAHCare membership benefits including death benefits, scholarships, and accommodation services.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Financing up to RM200,000 available
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core, major and minor.

• AKPK (Agensi Kaunseling dan Pengurusan Kredit)coreStrategic or Co-development Partner · 1 January 2018MOU signing for debt management services. Partnership witnessed by UKHWAH Chairman Dr. Mustapha Kamal Maulut and Batu MP Pn. Prabakaran. Represents UKHWAH's vision to create Malaysia's first Cooperative Town (Bandar Cooperativa).
• Maybank TrusteecoreStrategic or Co-development Partner · 21 January 2016MOU signing ceremony where Maybank Trustee appointed UKHWAH as a wasiat (will/testament) services agent. The ceremony was held at Maybank Trustee office, Level 34, Menara Maybank, Jalan Tun Perak, Kuala Lumpur. Signed by Vice Chairman Tn. Hj. Hassan Gondol and Secretary Pn. Norlin Muhammed, witnessed by CEO En. Razman Rahim.
• MAYLAND (Developer)majorStrategic or Co-development Partner · 26 May 2011Joint development of Plaza Damas 3 project. Key handover ceremony attended by Y.B Dato' Seri Ismail Sabri, Minister of Domestic Trade, Cooperatives and Consumerism (KPDNKK). Represents UKHWAH's real estate development initiatives.
• Regalia Servis ApartmentminorOthersProvides accommodation benefits to UKHWAH cooperative members visiting Kuala Lumpur. One of several accommodation options including Seven Residence.
• Seven ResidenceminorOthersProvides accommodation benefits to UKHWAH cooperative members visiting Kuala Lumpur. Part of member welfare program.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Public Islamic Bank Berhad: Islamic banking arm of Public Bank, one of Malaysia's most efficient retail banking groups. Offers competitive personal financing rates that benchmark the lower bound of what Ukhwah's headline rates compete against.
• Bank Islam Malaysia Berhad: Malaysia's first full-fledged Islamic bank offering a broad suite of Shariah-compliant products including personal financing. A larger incumbent competing for the same Muslim civil-servant segment but with a much wider product portfolio.
• CIMB Islamic Bank Berhad: Islamic banking arm of one of Malaysia's largest banking groups, providing personal financing and Shariah products. Competes with Ukhwah for government employees via nationwide branch and digital channels.
• RHB Islamic Bank Berhad: Islamic banking arm of RHB offering Shariah-compliant personal financing. Larger incumbent with broader product suite competing for the same civil-servant segment in Malaysia.
• Maybank Islamic Berhad: Islamic banking arm of Malaysia's largest banking group, offering Shariah-compliant personal financing at scale. Competitor in the same government-employee segment, and existing partner of Ukhwah via the Maybank Trustee wasiat MOU.

Direct peers

• Bank Muamalat Malaysia Berhad: Malaysia's second fully-fledged Islamic bank offering Shariah-compliant personal financing, including for civil servants. Directly competes with Ukhwah Cash-i on rate, speed and Shariah positioning within the same government-employee borrower segment.
• Bank Rakyat Malaysia Berhad: Malaysia's largest cooperative bank, offering personal financing and Shariah products to public-sector and cooperative members. Closest structural analogue to Ukhwah given its cooperative roots and personal financing focus on civil servants.
• MBSB Bank Berhad: MBSB is a Shariah-compliant bank with a strong personal financing book targeted at civil servants. Competes head-to-head with Ukhwah on rate, ticket size and Shariah structuring for government employees.

Regional players

• Agrobank: Government-owned development financial institution offering personal and micro financing under Shariah principles. Comparable in mission and target segments (government-adjacent, civil-servant and cooperative-adjacent customers) though its core mandate skews towards agriculture.

Others

• AKPK (Agensi Kaunseling dan Pengurusan Kredit): National credit counselling and debt management agency under Bank Negara Malaysia. Not a direct competitor but an existing MOU partner of Ukhwah; relevant ecosystem peer because its debt-management programmes shape borrower behaviour in the personal financing segment Ukhwah serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCnnGSHBui3QaW_SO2czZCqQ
• Facebookfacebook.com/KoperasiUkhwahHQKL
• LinkedInlinkedin.com/company/koperasi-wawasan-malaysia-berhad---kowamas

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about koperasi wawasan malaysia berhad