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!

Our Vision

To become the No.1 Grocery in Malaysia

Our Mission

To open 6,000+ Outlets Natiowide

Co-op Information

Name of the Co-op

Koperasi Niaga Teras Selangor Berhad (KONTRAS)

Main Purpose


Major Activities

Retail Shop, BNPL & Home Ownership

Business Principle

Shariah-Compliant & Disruptive Businesses

Date of Registration

24 March 2022

Registration No.


Main Office

B2-3-7 Temasya 8, Glenmarie U1/67, 40150 Shah Alam

Telephone Number

+6 03 - 86005885


Certificate of Registration

Important Dates


01 JUN 2020

Initial discussion to establish Kontras by a group of IIUM Alumni

Official Registration

24 MAR 202
END 2023

First Outlet

First Kontras Outlet shall start its first outlet

To install this Web App in your iPhone/iPad press and then Add to Home Screen.