KUALA LUMPUR: The Sessions Court here was told that the RM200mil loan from the Malaysian Islamic Economic Development Foundation (YPEIM) to Amanah Ikhtiar Malaysia (AIM) could not be used to invest in shares.
YPEIM resource division chief Ramli Bakar, 48, said yesterday that the loan to AIM was to be used as capital for loans to the poor for economic activities under the Amanah Ikhtiar scheme.
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