Maybank Islamic provides food aid in 11 countries in conjunction with ramadan


  • Banking
  • Tuesday, 20 Apr 2021

Taksiah Mat Serah, (right), who lives alone at her home in Kampung Gombak Utara, receiving her box of essential food items from representative of Maybank Islamic’s implementing partner during the distribution activities last Saturday.

KUALA LUMPUR: Maybank Islamic Bhd is contributing food packs to over 5,000 families in 11 countries, in conjunction with the fasting month of Ramadan, to alleviate their burdens wreaked by COVID-19.

The aid would benefit the underprivileged groups in countries where the bank operates, namely Malaysia, Indonesia, Singapore, Vietnam, the Philippines, Laos, Thailand, Cambodia, Brunei, Dubai, and the marginalised community in Myanmar of Rohingya ethnic.

Maybank lslamic chief executive officer Datuk Mohamed Rafique Merican said the programme was aligned to the Maybank Group’s mission of humanising financial services across Asia, besides being part of Maybank Islamic’s initiative to uphold the intended outcomes of shariah.

He said the aid would be distributed to individuals or families, particularly the B40 income group which includes single mothers, people with disabilities, fishermen, farmers, and those who lost their jobs since the start of the Movement Control Order.

""We hope that this contribution will ease the burdens and reduce the cost of daily expenses of those in need, especially with the fasting month,” he said in a statement today.

The Regional Ramadan Relief annual programme is a collaboration with five other non-governmental organisations, namely the Islamic Relief Malaysia, Mercy Malaysia, Islamic Aid Malaysia, Yayasan Pembangunan Ekonomi Islam Malaysia and Yayasan Ikhlas.

Since its inception in 2013, Maybank Islamic has allocated fund over RM14 million for its flagship corporate responsibility (CR) programme that has benefited about 120,000 underprivileged families.

Mohamed Rafique said Maybank Islamic has allocated over RM13 million fund for CR programme in 2021, which would be distributed on basis of four pillars, namely education, humanitarian aid, Islamic social finance, and Ihsan (spiritual excellence). - Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

UK may reap US$84bil borrowing from household Covid savings
Airod, Indonesian partner eye MRO business
Gold futures likely to trade lower this week
WTK strengthens plantation business
Bursa likely to be muted as sentiment remains soft
Press Metal to gain from robust aluminium prices
Exciting deals at Sunway Theme Parks Mega Roadshow
CPO futures likely to trade in yo-yo mode next week
Good news for the global economy
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road

Others Also Read