Koperasi Niaga Teras Selangor Berhad (KONTRAS) is a co-operative for Muslim consumers registered with Suruhanjaya Koperasi Malaysia envisioned to become a mega co-op. Its membership is open to all Malaysian Muslim aged 18 and above. Members are required to invest minimum amount of RM1,000 as capital share. Kontras main objective is to pool at least RM1.5 billion funds from its potential members to open 6,585 Kontras Outlet nationwide. Each Kontras outlet shall be a commercial and charity centre for the surrounding community. As a commercial centre, Kontras Outlet offers cheapest prices for groceries, apparels and lodging. Whereas as a charity centre, Kontras shall become a one-stop transit that provides shelter, clothing and food for the less fortunate. That is why we combined groceries, apparels and hostel in one place. A member shall receive extra discounted price, cashback rewards, purchases by installments, short-term qard al-hasan and dividends from shares. Kontras is targeting min. 10% annual dividend for its members.

As Kontras grow in term of Share Capital and Accumulated Profits, it shall explore other businesses such as agriculture, property, leasing and fintech. Kontras shall continue spreading its wings with its disruptive business models from time to time. We welcome you to become a member!