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accesstofinance
OURPRODUCTSANDSERVICES
Efficient services quality and responsible products and services will continue to be a priority for the Bank
OurCommitment
2011
2012
2013
Progress
Trade & Waqf aims
to contribute a
percentage of income
from transactions to
communities in need
n/a
n/a
RM22,000
This is a one year
programme that aims to
provide for expansion
of economic activities
through entrepreneurship
development
Trade&Waqf
In 2013, Maybank Investment Bank (IB) introduced Trade & Waqf
where a percentage of brokerage fees will be allocated for the benefit
of people in need. Maybank IB will donate a percentage of the gross
brokerage income, derived from eligible trades to provide seed funding
to those requiring assistance in kick-starting and developing their own
businesses. The pilot programme collected over RM50,000 within three
months. The first disbursement of some RM22,000 was recently awarded to Sekolah Kebangsaan Jenderam Hilir, for maintenance and upgrading of the school’s facilities.
The school was selected with the help of Perbadanan Wakaf Selangor (PWS) and other beneficiaries will be similarly identified.
Moving forward, the programme will be part of a one year programme whereby a percentage of brokerage fees from eligible accounts will be channelled to recipients as
loans for small business via an established organisation.
