What is the value of Olympic medals under the SHAKAM scheme?

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The SHAKAM scheme assigns specific cash values to Olympic medals.

Under the Sports Victory Prize Scheme (SHAKAM), a gold medal at the Olympics is valued at RM1 million. A silver medal under the same scheme is worth RM300,000, while a bronze medal carries a value of RM100,000. These figures apply to medals won at both the Olympic and Paralympic Games.
Gold Medal Value

The SHAKAM scheme designates RM1 million as the prize money for a gold medal. This applies to athletes achieving the highest achievement in their respective disciplines at the Olympic and Paralympic Games.
Silver Medal Value

For athletes who secure a silver medal, the SHAKAM scheme provides a reward of RM300,000. This financial incentive is part of the national program to acknowledge and reward athletic success.
Bronze Medal Value

A bronze medal win is recognised under the SHAKAM scheme with a cash prize of RM100,000. This ensures that podium finishes at the Olympic and Paralympic levels are financially compensated.

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What is the value of Olympic medals under the SHAKAM scheme?

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