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About Kontras

Koperasi Niaga Teras 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 15% 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!

Co-op Information

Name of the Co-op

Koperasi Niaga Teras Berhad a.k.a KONTRAS

Main Purpose

Consumer

Major Activities

Retail Shop, Super Market, Marketing and Home Stay

Business Principle

Shariah-Compliant Businesses

Date of Registration

1 Disember 2020

Registration No.

B-1-1234

Main Office

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

Telephone Number

+603 - 86009824

Website & Email

www.kontras.my

info@email.com

Important Dates

Inception

01 JUN 2020

Initial discussion to establish Kontras by a group of IIUM Alumni

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Official Registration

30 DEC 2020

Kontras was duly registered as a co-op

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1 JUN 2021

First Outlet

First Kontras Outlet started its business

Venture into Agriculture

1 AUG 2021

Started Kontras Urban Farm Project

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Organisation Chart

Certificate of Registration

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