GROWTH & ACCREDITATIONS

AbleAce Raakin was established in 2006 as an answer to the Malaysian Government’s call to develop the nation as a leader in the Islamic finance industry. Our inception catalysed Malaysia as an Islamic financial hub for Commodity Murabahah market. We were the first in the World to provide services using palm oil and its derivatives as the base asset for this programme.

Beginning with our foothold in Malaysia and Singapore, today we extend our services to other parts of Asia and the Middle East. Our presence in Dubai through our international counterpart, AbleAce Raakin Amanie, makes us accessible to the global market.

We diversify our services to provide relevant financial products and are continuously promoting Islamic finance through the development of Commodity Murabahah Business – from the most matured to the developing and infant markets.

We cater to each of our clients’ unique commodity flow structures, working closely with them, and in line with the Shariah guidelines.



2006

Inception of AbleAce Raakin



2007

First World CMP trade using agro-based product



2010

Transition from manual to web-based trading system



2011

AbleAce Raakin’s first Middle East client



2014

Participated in the World’s single largest Sukuk issuance


AFFILIATIONS

Community MEMBER of Malaysian International Islamic Financial Centre (MIFC)

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A member of International Islamic Financial Market (IIFM)

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A TERAS company - High Performing Company recognised by the Malaysian Government

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AWARDS

GIFA MARKET LEADERSHIP AWARD 2016 (FACILIATION & SUPPORT)

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