▁Services ▁Department . ▁This ▁is ▁to ▁ensure ▁that ▁the ▁take - home ▁pay ▁is ▁at ▁least ▁ 4 0 % ▁of ▁gross ▁sal ary . ▁ ▁The ▁maximum ▁ten ure ▁is ▁ 1 0 ▁years ▁( the ▁maximum ▁ten ure ▁allow able ▁by ▁Bank ▁Neg ara ▁Malays ia ) ▁or ▁until ▁ret irement ▁year , ▁wh iche ver ▁comes ▁first . ▁ ▁Sh aria ▁comp liance ▁The ▁vast ▁majority ▁of ▁personal ▁lo ans ▁offered ▁by ▁the ▁co oper atives ▁are ▁Islam ic ▁lo ans ▁that ▁comp ly ▁with ▁the ▁Sh aria ▁gu idel ines ▁set ▁by ▁SK M . ▁These ▁lo ans ▁are ▁based ▁on ▁Islam ic ▁bank ing ▁and ▁fin ance ▁principles ▁such ▁as ▁T aw ar ru q ▁and ▁Mur ab ah ah ▁which ▁involve ▁the ▁bu ying ▁and ▁s elling ▁of ▁comm od ity ▁pay able ▁by ▁install ment ▁or ▁de ferred ▁payment . ▁Using ▁the ▁bu ying - s elling ▁model , ▁interest ▁( rib a ) ▁which ▁is ▁forb idden ▁( har am ), ▁is ▁replaced ▁by ▁a ▁profit ▁margin ▁agreed ▁upon ▁between ▁the ▁bu yer ▁and ▁the ▁s eller . ▁Most ▁co oper ative ▁lo ans ▁come ▁with ▁comp uls ory ▁tak a ful ▁ins urance ▁protection ▁that ▁covers ▁the ▁out standing ▁amount ▁in ▁circumstances ▁of ▁death ▁or ▁total ▁permanent ▁dis ability . ▁ ▁Dep end ence ▁on ▁borrow ed ▁funds ▁Cooper atives ▁provide ▁credit ▁facilities ▁to ▁their ▁members ▁by ▁using ▁either ▁their ▁own ▁or ▁borrow ed ▁funds . ▁Since ▁co oper atives ▁funds ▁are ▁limited ,