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FAQ
SPV are required to acquire TH assets that aredeclining in value and are becoming less competitive. To ensure that TH's financial position can be restored immediately, these assets are transferred at a premium price that exceeds the market value. This is to ensure that the value of the asset will be higher than the value of the liability to be able to make the distribution of hibah and avoid the possibility of a liquidity crisis.
Sukuk has terms that can help the Government's financial flexibility in order to reduce the government's debt burden. Cash injection will put pressure on the Government finances as the Government is forced to make additional loans and the debt burden of the country will increase. This increase in debt is likely to have a negative impact on the National credit rating.
THRIVE
THRIVE is opened to all Malaysian citizens with no evidence of criminal track record and must meet the following criterias:
- Conduct Shariah compliant business activities;
- Has the ability to recruit more employees through nature of activities and/ or through business upscale;
- Has limited financial resources or companies not larger than small and medium enterprise stature. However, priorities shall be given to Muslim and/or Bumiputera individuals and entities.
Go to https://forms.gle/5VzzpAnHwPvS1E4K7 and complete the Application Form. Please do not hesitate to contact our Team if you have further enquiry.
Yes. We require you to place a security deposit of RM50 (refundable) and one-off application fee of RM50 (non-refundable).
Currently, the operational hours are based on normal office hours from 8:00 AM to 6:00 PM, Monday to Friday.
Yes, you can use the THRIVE address as you correspondence address. While we do not charge for this service, you should inform our Team of the same for administration purposes. We also offer runner services, company secretarial services, mail and package handling and other services at reasonable fees - Please talk to our Team for further information on this.
Membership is for a period of two (2) years. Subsequently, there may be charges imposed to members on the floor space and services at the discretion of TH.
Yes, but it will be on first-come and first-serve basis and subject to availability.
FAQ
SPV are required to acquire TH assets that aredeclining in value and are becoming less competitive. To ensure that TH's financial position can be restored immediately, these assets are transferred at a premium price that exceeds the market value. This is to ensure that the value of the asset will be higher than the value of the liability to be able to make the distribution of hibah and avoid the possibility of a liquidity crisis.
Sukuk has terms that can help the Government's financial flexibility in order to reduce the government's debt burden. Cash injection will put pressure on the Government finances as the Government is forced to make additional loans and the debt burden of the country will increase. This increase in debt is likely to have a negative impact on the National credit rating.
THRIVE
THRIVE is opened to all Malaysian citizens with no evidence of criminal track record and must meet the following criterias:
- Conduct Shariah compliant business activities;
- Has the ability to recruit more employees through nature of activities and/ or through business upscale;
- Has limited financial resources or companies not larger than small and medium enterprise stature. However, priorities shall be given to Muslim and/or Bumiputera individuals and entities.
Go to https://forms.gle/5VzzpAnHwPvS1E4K7 and complete the Application Form. Please do not hesitate to contact our Team if you have further enquiry.
Yes. We require you to place a security deposit of RM50 (refundable) and one-off application fee of RM50 (non-refundable).
Currently, the operational hours are based on normal office hours from 8:00 AM to 6:00 PM, Monday to Friday.
Yes, you can use the THRIVE address as you correspondence address. While we do not charge for this service, you should inform our Team of the same for administration purposes. We also offer runner services, company secretarial services, mail and package handling and other services at reasonable fees - Please talk to our Team for further information on this.
Membership is for a period of two (2) years. Subsequently, there may be charges imposed to members on the floor space and services at the discretion of TH.
Yes, but it will be on first-come and first-serve basis and subject to availability.