Publication:
Yayasan KUIS, MBSB Bank and UNFPA Malaysia launch Community Credit Fund
Loading...
Abstracts views
15
Views & Download
2
Date
2025
SDG:
Abstract
A groundbreaking pilot initiative that addresses two of Malaysia's urgent challenges - youth financial hardship and the growing needs of an aging population - Yayasan KUIS, in partnership with MBSB Bank and the United Nations Population Fund (UNFPA) Malaysia, launched the Community Credit Fund. The fund can empower students and communities as well as enrich older persons, laying the foundation for a future Community Credit Exchange. Held at Universiti Islam Selangor (UIS), the launch was marked by addresses from institutionals leaders and testimonials from students participants. The initiative provides essential stipends to financially vulnerable university students in exchange for their voluntary service in nursing homes. These services include companionship, educational support and basic assistance to elderly residents - strengthening intergenerational solidarity and fostering meaningful social impact.
Keywords
Yayasan KUIS , UNFPA , Global social finance , Malaysia
Citation
Muneeza, A., & Tengku Razif, T. A. (2025). Yayasan KUIS, MBSB Bank and UNFPA Malaysia launch Community Credit Fund. Islamic Finance News, 22(29), 21.
Publisher
Redmoney
DOI
Files
Yayasan_KUIS,_MBSB_Bank_and_UNFPA_Malaysia_launch_Community_Credit_Fund_Aishath Muneeza_Tengku Aira.pdf
Size: 1.13 MBFormat: pdf
Views: 0 Downloads: 2