Yayasan Pembangunan Ekonomi Islam Malaysia

What Yayasan Pembangunan Ekonomi Islam Malaysia does

Yayasan Pembangunan Ekonomi Islam Malaysia (YAPEIM) is a non-profit foundation established by the Federal Government of Malaysia on 13 October 1976 and incorporated under the Trustees (Incorporation) Act 1952, operating under the Prime Minister's Department (Jabatan Perdana Menteri Hal Ehwal Agama) to advance Islamic economic, educational, and community development. It is headquartered in Putrajaya and operates through three pillars: Islamic Economic Development, Education Development, and Community Development. YAPEIM employs 1,001-5,000 staff and maintains a nationwide footprint of Ar Rahnu YAPEIM (Islamic pawnshop) branches and 12 Pusat Pentadbiran YAPEIM Negeri (PPYN) state administration offices covering all 13 Malaysian states.

YAPEIM's core products are anchored in Shariah-compliant gold-based financial services. Ar Rahnu YAPEIM, operating since 1993, provides micro-credit using gold as collateral through multiple products (Ar Rahnu Prestij, Ar Rahnu Emas, Ar Rahnu Bisnes, Ar Rahnu Didik, Ar Rahnu Care). YAPEIM Gold Sdn Bhd retails physical gold jewelry (916 purity) and bullion (999 purity) through branches and an online platform. Akaun SERY, launched in 2021, is a gold savings account enabling online and counter-based buy/sell/store transactions in Malaysian Ringgit at daily SERY prices. Online service delivery is supported by the Ar Rahnu YAPEIM Online payment system (launched 2020-11) and the Inspirasi Qaseh donation portal (launched 2021), with YAPEIM Direct Debit providing Shariah-compliant recurring donations via InfaqPay.

The foundation is funded through infaq/donations (a 2026 infak collection target of RM70 million is set), Ar Rahnu storage fees and micro-credit interest, gold retail margins, and corporate CSR partnerships. Welfare program distribution includes Ramadan MADANI (RM1.2 million to 7,700 students), Aidilfitri 2026 (RM3.12 million to 29,100 recipients across 192 locations), Program Sinar Lestari housing assistance, YAPEIM Didik education aid, and the Foodbank YAPEIM program serving B40 and asnaf communities. Recent strategic emphasis is codified in the 2023-2027 Najah Transformation Plan, which focuses on trust values, integrated operations and governance, and a comprehensive legal framework to reposition YAPEIM within Malaysia's Islamic economic development ecosystem.

Name

Yayasan Pembangunan Ekonomi Islam Malaysia

Legal name

Yayasan Pembangunan Ekonomi Islam Malaysia

Website

https://yapeim.my

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

YAPEIM is a Malaysian government-established non-profit foundation that operates Shariah-compliant gold-based microfinance (Ar Rahnu pawnshop, gold retail, SERY gold savings) alongside nationwide welfare, education, and entrepreneurship programs for B40 and asnaf communities.

Ownership category

akta.pro rank

Product category

Islamic Microfinance and Community Welfare Services

NAICS

Grantmaking and Giving Services (8132)

SIC

Finance Services (6199), Services-Social Services (8300)

akta.pro primary industry

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

akta.pro secondary industries

SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Islamic Retail Banking (FSABAGAA)

Keywords

• Islamic pawnshop services
• Shariah-compliant micro-credit
• Gold retail and savings
• Charitable donation programs
• Community welfare assistance

Headquarters

HQ city

Putrajaya

HQ country

Malaysia

HQ region

Asia

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Ar Rahnu (Islamic Pawnshop) Operations: YAPEIM operates Islamic pawnshop branches offering gold pawning services. Revenue generated through storage fees (upah simpan) charged on pawned items. Base pawning period is 6 months with extensions available.
2. YAPEIM Gold Retail: Sale of physical gold products including new and pre-loved jewelry (916 purity) and bullion bars and coins (999 purity) through branches and online platforms.
3. SERY Gold Account: Gold savings account product where customers can buy, sell, and store gold. Platform facilitates gold transactions and provides commission for introducing new customers.
4. Donations and Infaq Collection: Collection of donations through various channels including payroll deduction schemes (RSI), corporate sponsorships (RSK), online portals, QR codes, and physical collection boxes at branches. Funds channeled to welfare and charitable programs.
5. Micro-credit Financing: Micro credit facilities provided through Ar Rahnu YAPEIM for business purposes (Ar Rahnu Bisnes) and education (Ar Rahnu Didik), offering accessible financing to underserved communities.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

YAPEIM is a government-established nonprofit foundation that operates an Islamic economic development ecosystem combining Shariah-compliant micro-credit (Ar Rahnu YAPEIM pawnshop), gold retail and savings (YAPEIM Gold, Akaun SERY), charitable donation collection (Inspirasi Qaseh portal, YAPEIM Direct Debit), and community welfare programs (education aid, housing assistance, food bank). Its pawnshop branches use gold as collateral for micro-financing while welfare programs are funded through infaq, donations, and CSR partnerships.

Product overview

Yayasan Pembangunan Ekonomi Islam Malaysia (YAPEIM) operates a multi-product Islamic finance ecosystem centered around Ar Rahnu YAPEIM (Islamic pawnshop) and YAPEIM Gold (gold retail). The organization offers gold savings through Akaun SERY, online donation facilitation via Inspirasi Qaseh portal and YAPEIM Direct Debit, and community development programs including Ramadan MADANI, Program Sinar Lestari (housing), YAPEIM Didik (education), and food bank services. The core products work together: Ar Rahnu provides micro-credit using gold as collateral, YAPEIM Gold enables gold purchase and sales, while Akaun SERY facilitates gold savings, and Inspirasi Qaseh channels charitable donations to support community programs.

Differentiator

Problem solved

Functional benefit

Brands

• Ar-Rahnu YAPEIM: Islamic pawnshop (pajak gadai Islam) services providing micro-credit financing with gold as collateral
• YAPEIM Gold
• Inspirasi Qaseh
• Akaun SERY
• YAPEIM Direct Debit
• Program Sinar Lestari
• YAPEIM Didik
• Program Ramadan MADANI
• Program Infak Korban Al Falah YAPEIM
• Foodbank YAPEIM
• Skuad Qaseh

Products and services

• Ar Rahnu YAPEIM Islamic pawnshop (pajak gadai) services offering Shariah-compliant micro-credit facilities using gold as collateral. Variants include Ar Rahnu Prestij (general), Ar Rahnu Emas (for YAPEIM Gold owners), Ar Rahnu Bisnes (business capital), Ar Rahnu Didik (education cash), and Ar Rahnu Care (misfortune relief).
• YAPEIM Gold Gold retail business operated by subsidiary YAPEIM Gold Sdn. Bhd., selling physical gold products including new and pre-loved jewelry (916 purity) as well as bullion coins and gold bars (999 purity) through branches and online platforms.
• Akaun SERY (Gold Savings Account) Gold savings account enabling customers to buy, sell, and store gold at daily SERY prices in Malaysian Ringgit (RM), accessible online and through Ar Rahnu YAPEIM counters.
• Inspirasi Qaseh Portal Online donation portal enabling the public to make charitable donations to YAPEIM for distribution to those in need throughout Malaysia. Includes salary deduction scheme (RSI) and one-off donations.
• YAPEIM Direct Debit Shariah-compliant online payment platform powered by InfaqPay, providing automatic monthly donation functionality from bank accounts to YAPEIM's programs. InfaqPay operates as an agent for Bank Islam Malaysia Berhad (BIMB).
• Ramadan MADANI YAPEIM Annual Ramadan charitable program distributing donations and assistance to students and communities in need during the holy month of Ramadan.
• Program Sinar Lestari YAPEIM Housing assistance program building new homes for asnaf (needy) recipients, providing sustainable shelter solutions.
• YAPEIM Didik Education assistance program providing financial aid, teaching support, and equipment/infrastructure for students from underprivileged backgrounds at primary, secondary, and tertiary levels.
• Ar Rahnu YAPEIM Online Online payment system for Ar Rahnu services enabling customers to make financing and storage fee payments digitally.

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

20 partnerships are on record, tiered minor and core.

• Ibu Pejabat Polis Kontinjen (IPK) PahangminorStrategic or Co-development Partner · 19 June 2026MoU signed for Food Bank program worth RM5,000 benefiting Pekan community through welfare cooperation.
• Hong Leong Islamic BankminorGTM or Marketing Partner · 14 April 2026Corporate partner in Aidilfitri 2026 donation program, contributing RM10,000 to support welfare distribution nationwide.
• Affin Islamic BankminorGTM or Marketing Partner · 14 April 2026Corporate partner contributing RM20,000 to Aidilfitri 2026 MADANI program supporting communities in need.
• Gas Malaysia BerhadminorGTM or Marketing Partner · 14 April 2026Corporate partner contributing RM10,000 to Aidilfitri 2026 welfare programs.
• QSR Brands (M) Holdings Bhd (McDonald's Malaysia)minorGTM or Marketing Partner · 14 April 2026Corporate partner contributing RM34,000 (RM25,000 for Aidilfitri MADANI and RM9,000 for Ramadan MADANI) plus food donations.
• Nestle MalaysiaminorGTM or Marketing Partner · 14 April 2026Corporate partner providing food and beverage donations for Aidilfitri 2026 welfare distribution.
• Bank Islam Malaysia Berhad (BIMB)coreStrategic or Co-development Partner · 8 January 2026YAPEIM Direct Debit platform is powered by InfaqPay which operates as an agent for Bank Islam Malaysia Berhad, enabling Shariah-compliant automatic donation facilities.
• MBSB Bank BerhadcoreStrategic or Co-development Partner · 18 December 2025Strategic partner in Program Sinar Lestari housing assistance, jointly handing over three homes worth RM150,000 to beneficiaries.
• PLUS Malaysia BerhadminorGTM or Marketing Partner · 1 December 2025Corporate partner contributing RM49,000 for student assistance through YAPEIM Didik program at SK Lembah Beringin.
• Universiti Sultan Azlan Shah (USAS)coreStrategic or Co-development Partner · 8 November 2025Komuniversiti Kolaboratif program distributing nearly RM800,000 to communities in need, witnessed by Prime Minister Anwar Ibrahim.
• Institut Kefahaman Islam Malaysia (IKIM)coreStrategic or Co-development Partner · 21 October 2025Mutual visit to strengthen strategic networks and explore cooperation in Islamic understanding and community empowerment programs.
• Bank Pembangunan Malaysia Berhad (BPMB)coreStrategic or Co-development Partner · 1 October 2025Partnership to strengthen strategic cooperation in Islamic economic ecosystem development and expand social impact through CSR and infaq initiatives.
• Sinar KarangkrafminorGTM or Marketing Partner · 1 October 2025Exploring potential strategic cooperation with major media conglomerate for expanded outreach and impact.
• Yayasan DiRaja Sultan MizancoreStrategic or Co-development Partner · 1 September 2025MoU signed for cooperation in housing assistance (Program Sinar Lestari), entrepreneurship development, community development, and education programs.
• Alliance Islamic BankcoreStrategic or Co-development Partner · 1 August 2025Partnership supporting OKU chicken farming project in Kelantan, demonstrating commitment to inclusive entrepreneurship development.
• MRT CorpminorGTM or Marketing Partner · 1 August 2025Strategic collaboration for community development program in Pulau Pinang, including infrastructure upgrades for surau and community facilities.
• Institut Penyelidikan dan Pengurusan Kemiskinan (InsPeK) Universiti Malaysia Kelantan (UMK)minorStrategic or Co-development Partner · 1 August 2025Academic partnership supporting OKU chicken farming project research and development.
• Istana BudayaminorStrategic or Co-development Partner · 11 June 2025Visit to strengthen strategic cooperation for community benefit through cultural and arts programs.
• Malaysian Technology Development Corporation (MTDC)coreStrategic or Co-development Partner · 9 April 2021MoU signed to leverage combined expertise in developing innovative, competitive, and globally-minded entrepreneurs through strategic bilateral cooperation.
• Bank Kerajaan Rakyat Malaysia Berhad (Bank Rakyat)coreStrategic or Co-development Partner · 1 January 1993YAPEIM pioneered Mikro Kredit Ar Rahnu services in 1993 through partnership with Bank Rakyat, establishing the foundation for Islamic pawnshop operations.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• TEKUN Nasional: Malaysian government agency under KUSKOP providing micro and nano financing to Bumiputera entrepreneurs. Directly comparable because both institutions deliver micro-credit to underserved nano/micro entrepreneurs, with YAPEIM offering Ar Rahnu Bisnes and TEKUN offering direct micro-financing schemes.
• Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat): Largest Islamic cooperative bank in Malaysia and YAPEIM's strategic partner since 1993 for Ar Rahnu micro-credit. Operates its own Ar Rahnu pawnbroking and micro-financing products targeting the same B40 and microenterprise segments YAPEIM serves.
• Dompet Dhuafa Republika: Leading Indonesian Islamic philanthropy foundation providing zakat, donations, micro-financing, and community development programs. Comparable as a regional Islamic foundation combining welfare distribution, micro-enterprise support, and Islamic financial services.
• Bank Muamalat Malaysia Berhad: Malaysia's first full-fledged Islamic bank offering Shariah-compliant financing, savings, and investment products. Directly comparable to YAPEIM because both serve Malaysian Muslims with Shariah-compliant retail banking and financing products, though Muamalat is a commercial bank and YAPEIM is a foundation.
• MBSB Bank Berhad (formerly Malaysia Building Society): Malaysian Islamic bank and YAPEIM's strategic partner in Program Sinar Lestari housing assistance. Comparable as a Shariah-compliant financial institution working with YAPEIM on community development, micro-financing, and Islamic retail products.
• Yayasan Dakwah Islamiah Malaysia (YADIM): Malaysian Islamic foundation under the Prime Minister's Department focused on dakwah (Islamic outreach) and community programs. Directly comparable as a parallel government-linked Islamic foundation delivering welfare and community programs to Malaysian Muslims.

Broad incumbents

• Maybank Islamic Berhad: Largest Islamic banking operations in Malaysia, part of Maybank Group. Comparable as a competitor in Shariah-compliant retail banking, gold-backed financing, and savings products, though operating at vastly greater commercial scale than YAPEIM.
• Bank Islam Malaysia Berhad: One of Malaysia's largest standalone Islamic banks and YAPEIM's partner through the InfaqPay/Direct Debit integration. Comparable in offering Shariah-compliant retail banking, savings, and financing products to Malaysian Muslims.
• Lembaga Tabung Haji (TH Group): Government-linked statutory body managing Hajj savings and Islamic investment for Malaysian Muslims. Comparable because, like YAPEIM, it is a government-mandated institution operating Islamic financial services at scale under a regulatory mandate, although its focus is Hajj-related rather than general Islamic pawnbroking and welfare.

Regional players

• Kuwait Awqaf Public Foundation: Government Islamic endowments (waqf) foundation in Kuwait managing charitable assets and community welfare programs. Comparable as a government-established Islamic foundation operating across charitable grants, community development, and endowment-based income.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC5eMuS0cwb5LqqJpb9s5KHQ
• Facebookfacebook.com/yapeimofficial
• Instagraminstagram.com/yapeim
• TikToktiktok.com/@yapeim?lang=en
• Xx.com/YaPEIM_Official
• LinkedInlinkedin.com/company/yapeim

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

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 Yayasan Pembangunan Ekonomi Islam Malaysia