A pioneer in the property and construction industry, ZIKAY GROUP BERHAD (ZIKAY) has indeed come a long way as a preferred and established property developer in the country. A humble beginning that has spanned vastly over a period of over twenty years has made the group on par with major key players in the country. Its business interest has included Property and Construction, Financial Services and Hospitality.
“Grow as a Reputable Organisation”, is ZIKAY’s calling towards its expansion in times to come.
The Group believes in giving back to society. The Yayasan Zikay is actively involved in various charity events. This is to create a balance in both its business and understanding the needs of balanced CSR activities. We pride ourselves in assisting in both the areas of education and improved living conditions
The management for Mines Golf Resort and Zikay Group celebrates iftar with 35 orphans of the Rumah Kanak-Kanak Tengku Ampuan Afzan (RUKTAA).
TERAJU is the acronym for Unit Peneraju Agenda Bumiputra which is a strategic unit under the purview of Jabatan Perdana Menteri (JPM). Its core purpose is to lead, propel and coordinate participation of Bumiputera entrepreneurs in the nation’s transformation plan (Pelan Transformasi Negara). ZIKAY Group Sdn Bhd was a platinum sponsor and exhibitor for the event alongside major and key business entities in Malaysia. This event has enabled ZIKAY Group Sdn Bhd to portray and showcase its products and services.
Zikay has taken this lead initiative to move forward by not only working with Sedania AsSalam but also working with Islamic Banking and Finance Institute of Malaysia (IBFIM) to help the SME community, which is a huge market, utilise their services.
Although not many people are aware of this platform, the volume that Zikay clocked in was almost RM150 million last year, and for the last six years the volume has been increasing consistently.
Zikay’s clientele consists of contractors, service providers, suppliers and other SMEs that are registered with the Ministry of Finance (MoF) who have been awarded contracts by the government, government-linked companies (GLCs) and certain public listed companies.
Since they are the pioneers in using Islamic fintech for their business, Zikay hopes to encourage other MFA members to adopt the Al-Wariq system so that they would be able to move higher or they would be left behind.
Abd Rani summed up the importance of this landmark project by saying that it will “help the SMEs, particularly the government SMEs, to ease their cash flow and this platform (Al-Wariq) will help to achieve the efficiency and reduce cost.”
As Zikay sees this collaboration with Sedania AsSalam as their preparation to go regionally and globally.
Zikay will continue to work towards creating more awareness on factoring and the benefits that SMEs can gain from it, and to get all factoring houses to collaborate together so that the industry can grow.
“If Zikay is able to get all factoring associations to use this platform, the concept will become more in line with the bank and is more acceptable in terms of local and global market. And as we customise and provide a niche, it becomes more affordable to SMEs,”