Steven Gerrard's Gers lost 2-1 to the Swedish outfit last week to leave their third qualifying round tie in the balance.
Steven Davis scored in the 95th-minute in the first leg to give Rangers hope but they will need a big performance to make it into the play-off round.
Should they make it through, they will take on either Olympiakos or Ludogorets Razgrad for a place in the group stages of Europe's elite competition.
The Scottish champions suffered a shock 1-0 defeat at Dundee United on Saturday and must bounce back.
Rangers v Malmo: Date and kick-off time
This qualifying second-leg tie will take place on Tuesday, August 10 and will kick off at 8pm UK time.
It will be played at Ibrox Stadium.
Rangers v Malmo: TV channel and live stream
The match is being shown live on Premier Sports. Coverage begins on Premier Sports 1 at 7.30pm.
More information on how to subscribe can be found HERE.
There will be regular updates from the match on talkSPORT and talkSPORT 2 throughout the evening.
Rangers v Malmo: Team News
Joe Aribo and Alfredo Morelos should both return to the Gers line-up having missed the first leg.
They both featured in the away defeat to Dundee United on Saturday.
Steven Gerrard will still be without the suspended Glen Kamara and Kemar Roofe but Leon Balogun's one-game ban has been served.
Allan McGregor should also come back in for Jon McLaughlin following the weekend loss, while Ryan Jack is still another fortnight or so away.
Rangers v Malmo: What has been said?
Rangers manager Steven Gerrard: "I'm disappointed with the result and the goals we conceded but that was a big moment at the very end of the game, and it sets it up for the second leg.
"It's not the position we wanted to be in but it's obviously a lot better than going in at 2-0 and we were also on the verge of maybe going in even worse as well.
"The injury time has been very big for us but our performance over 90 minutes hasn't been enough. So we are going to have to go up levels individually and collectively.
"I'm going to call on the Ibrox crowd. I've never done it before but we are going to need them next week, for a full 90 minutes, in full voice.
"And with that behind us, and a mentality change, then that injury time could be a big moment."