Shoraka Suyula Platform Sdn Bhd

Suyula Platform, owned and operated by Shoraka Suyula Platform Sdn Bhd (SSP), is a digital market place for Re-Rahnu transactions. The idea behind the innovative Re-Rahnu product and the digital market place where it is being transacted was mooted with the objective to help the un-bankable and underserved among our community to get access to short term emergency funding faster and cheaper. Their financial needs could be better addressed if enough fund is channelled to them via Ar-Rahnu industry.

Johar, who originally broached the idea, turned it into a reality with the help of Shoraka Group, being the angel investor in this venture. In the middle of 2023, the brain-child behind the business, Johar exercised his option to wholly own the Platform.

 

• A Recognised MDEC IDE (Islamic Digital Economy) company

• Selected to be a member of the first cohort of FIKRA Programme (Islamic Fintech Accelerator Programme) – a joint initiative by the Securities Commission of Malaysia (SC) and the UN Capital Development Fund (UNCDF).

• Secured an Innovation License from the Dubai International Financial Centre (DIFC).

• Awarded the Malaysia Digital (MD) Status by MDEC.