Pawn Shop License in Malaysia: Why It Matters
September 19, 2025
Since the 1800s, pawnshops have operated in Malaysia . The Pawnshop Ordinance of 1871 served as the foundation for the current Pawnbrokers Act 1972, which
Pawn Gold (200g Gold Bar pawned for RM30,000)
September 24, 2019
Pajak (Pawn) your gold with us and get cash immediately with iPajak pawnshops at Rawang, Sunway Mentari, USJ8, PJ Oldtown, Selayang and Pandan Jaya. Recent
Pawn Gold (100g Gennava Gold Bar pawned for RM15,000)
June 10, 2019
Pajak (Pawn) your gold with us and get cash immediately with iPajak pawnshops at Rawang, Sunway Mentari, USJ8, PJ Oldtown and Selayang. Recent Transactions Model:
Pawn Gold (8g 916 Gold Ring pawned for RM1,200)
May 19, 2019
Pajak (Pawn) your gold with us and get cash immediately with iPajak pawnshops at Rawang, Sunway Mentari, USJ8, PJ Oldtown and Selayang. Recent Transactions Model:
Pawn Gold (56g 916 Gold Chain pawned for RM8,000)
April 22, 2019
Pajak (Pawn) your gold with us and get cash immediately with iPajak pawnshops at Rawang, Sunway Mentari, USJ8, PJ Oldtown and Selayang. Recent Transactions Model:
Pawn Gold (PAMP 50g Gold Bar pawned for RM7,500)
March 22, 2019
Pajak (Pawn) your gold with us and get cash immediately with iPajak pawnshops at Rawang, Sunway Mentari, USJ8 and PJ Oldtown. Recent Transactions Model: PAMP 50g Gold BarPawn
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Disclosure
- Maximum period for repayment is 6 months from the date of pawning. However, additional time can be requested if required by the customer.
- There is no minimum repayment period (i.e. we do not offer loans that require repayment under 61 days).
- Annual Percentage Rate (APR) is not more than 24%.
- For example, RM 1,000.00 loan for 3 months will cost RM45 in interest based on monthly interest of 1.5%. Therefore, the amount required to redeem a pledged item is RM1,045.