Option 1 (Simple and Direct):
* Malik and I will run to the store later.
Option 2 (Adding Context):
* If you're free later, Malik and I will run to the store.
Option 3 (Asking a Question):
* Would you like to run to the store with Malik and me later?
Option 4 (Adding a Condition):
* If we have enough time later, Malik and I will run to the store.
The best option for you will depend on the context and what you want to convey.