KOPERASI BUDDHISME MALAYSIA BERHAD (BIL DAFTAR: W-6-0292) was registered on the 23 January 1998 as a society with limited liability under the Cooperative Society Act 1993.

MBCS, which has 905 members (Central) and 181 members (Penang) totalling 1086 members, with a share capital of RM161,260 (Central) and RM20,100 (Penang), which makes it a total of RM181,360 share capital as at 20 November 2015. MBCS is principally involved in Buddhist funeral, Buddhist pilgrimage, charity luncheon for elderly individuals and property investments.

The formation of MBCS was mooted in 1997 with very Noble Aims- both for Buddhists to earn a living through right livelihood and the benefits of doing Dana to Buddhist and the needy at large.
1.    To encourage and support Buddhists to carry out socio-economic activities based on the Buddhist Principles of Right Livelihood. To this end we have planned such projects as Buddhist funeral services, elder care,

2.    To encourage savings, co-operation and mutual help among members. Projects in mind are: arranging discount of essential goods and service for members, encourage members to purchase from Buddhist members

3.    To promote faith and right understanding of the Buddha’s teaching such as organising pilgrimage tours to India, places of Buddhist interest both local and oversea, such as Thailand, Myanmar, China, Sri Lanka, Cambodia, Vietnam etc

As a Buddhist organisation, it is very important to be mindful that any business venture should be in line with Right Livelihood taught by the Buddha.
Five kinds of trade forbidden are trade in arms, meat, poison, human beings and intoxicant
MBCS shall apply Buddhist values and ethics to work harmoniously with wholesome motives and right purpose for the good of all.
MBCS with the support and encouragement given by the Deputy Minister of Land and Co-operative Development, YB Dr. Goh Cheng Teik, officially registered with the Jabatan Pembanguana Koperasi Wilayah Persekutuan on the 23-1-1998. Mr Ng Swon Ba the Pegawai Ehwal Ekonomi and himself an active Buddhist was appointed as an advisor to the society.