SUBANG JAYA: The Rahmah umbrella that covers the B40 group is set to spread wider with affordable insurance or loans on the cards.
Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub said his ministry will hold an engagement session with bank operators next week to brainstorm possible initiatives under Payung Rahmah.
"After Menu Rahmah, Jualan Rahmah and Pakej Rahmah, the ministry wants to look into initiatives involving the banking industry.
"We might be able to provide affordable insurance or loans for the B40 group, as is what proposed by MBSB Bank.
"Maybe we can offer the special insurance to women or youth too," he told the reporters at an event here on Wednesday (March 15).
Salahuddin said he had met with former finance minister Tengku Datuk Seri Zafrul Abdul Aziz in Parliament to discuss the possibility of getting the banking industry involved in the Rahmah initiative.
"I met with Zafrul as he used to be in the industry and is a former finance minister.
"I've requested his help in engaging with the industry players," he said.
At the event, Salahuddin launched Mydin’s Hari Raya Aidilfitri promotion Klasiknya Raya that offers festive season necessities at affordable prices.
The promotion, in collaboration with MBSB Bank, is expected to provide savings of up to 50% for Hari Raya preparations.