Does LoanHQ support Shariah-compliant products?

Yes. Shariah and conventional products run on the same engine, so you can offer both from one deployment rather than maintaining two systems.

Which payment rails does LoanHQ support in Malaysia?

DuitNow Transfer and IBG for disbursement and collection, FPX for online payment, and JomPAY for bill-style repayments.

How is borrower identity verified in Malaysia?

MyKad chip verification through a card reader, JPN database lookup, and Onfido APAC or FrankieOne for document and biometric checks.

Does LoanHQ support BNM reporting?

Reporting is BNM-aligned, with the loan book, arrears and product data exportable in the shapes the regulator expects.

Lending software · Malaysia

Run a lending business in Malaysia.

Malaysian lenders run consumer, SME, and Islamic financing products on LoanHQ — with DuitNow rails, MyKad verification, and Shariah-compliant product options.

Local currency: MYR support out of the box
Familiar with BNM / SC expectations
Integrated with bank rails and KYC providers used in Southeast Asia

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Region

Southeast Asia

Currency

MYR

Regulator

BNM / SC

Local market notes

·MyKad chip verification
·Shariah and conventional products on one engine
·BNM-aligned reporting

Bank rails in Malaysia

Disburse and collect through the rails your borrowers already use.

DuitNow TransferIBGFPXJomPAY

Identity + KYC

Verify borrowers with providers commonly accepted by BNM / SC.

MyKad readerJPN database lookupOnfido APACFrankieOne

Built for Malaysia

What lenders in Malaysia get from LoanHQ.

Shariah-compliant products

Configure Murabaha, Tawarruq, or Ijarah structures alongside conventional loans.

MyKad verification

Read MyKad chip data and verify against JPN for clean borrower onboarding.

DuitNow + JomPAY

Instant DuitNow transfers and JomPAY bill collection on schedule.

Questions

Lending in Malaysia, answered.

Does LoanHQ support Shariah-compliant products?: Yes. Shariah and conventional products run on the same engine, so you can offer both from one deployment rather than maintaining two systems.
Which payment rails does LoanHQ support in Malaysia?: DuitNow Transfer and IBG for disbursement and collection, FPX for online payment, and JomPAY for bill-style repayments.
How is borrower identity verified in Malaysia?: MyKad chip verification through a card reader, JPN database lookup, and Onfido APAC or FrankieOne for document and biometric checks.
Does LoanHQ support BNM reporting?: Reporting is BNM-aligned, with the loan book, arrears and product data exportable in the shapes the regulator expects.

Start lending in Malaysia this month.

Configure your products, plug in your bank rails, switch on KYC — go live in days.

Get started Talk to our team