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Thursday, May 9, 2024

Launch Partners

Bank Negara Malaysia to allocate additional RM25 million (US$5.24 million) in grants to support expansion of iTEKAD initiative

MALAYSIA: Bank Negara Malaysia (BNM) plans to allocate an additional RM25 million (US$5.24 million) in grants to support the expansion of the iTEKAD initiative to assist microentrepreneurs, according to an official statement.

These funds will be matched with social finance funds such as donations, Zakat and cash Waqf. 

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