iTEKAD AT BANK MUAMALAT
At Bank Muamalat Malaysia Berhad, the iTEKAD Programme is implemented in collaboration with strategic partners to identify eligible participants and provide holistic support for their business growth and development.
Salient Features Of The Programme
- Seed capital (funded by social finance instruments) to acquire business assets.
- Microfinancing supports working capital needs for business expansion and instill prudent financial behaviours.
- Capacity building (including business mentoring) improves entrepreneurial skills for business viability and performance.
- Impact-based monitoring enhances programme effectiveness and track achievement of outcomes.
Frequently Asked Questions (FAQ)
How is iTEKAD implemented at Bank Muamalat?
Our iTEKAD Programme adopts a partnership-driven approach, leveraging strategic collaborations with industry stakeholders and state authorities to enhance its reach and impact within local communities.
Who is eligible to participate in the iTEKAD Programme?
Eligible participants are asnaf, B40 entrepreneurs and micro and small business owners identified through Bank Muamalat’s collaborations with strategic partners.
What types of businesses are eligible?
Eligibility may vary depending on the partner requirements. Generally, our iTEKAD Programme focuses on supporting micro and small entrepreneurs operating in the food and beverage (F&B), agriculture, and services sectors.
Where can I obtain more information?
For further information on iTEKAD at Bank Muamalat, please contact us at itekadgroup@muamalat.com.my
iTEKAD Bank Muamalat
Aims to support low-income microentrepreneurs by strengthening their financial management and business capabilities to build sustainable income.
Published on 15 June 2023
Success Series of iTEKAD Bank Muamalat – Munawwir
It is not only opens up opportunities, but also has a big impact on life.
Through it, Munawwir found a new spirit.
For more information about iTEKAD, visit
www.muamalat.com.my
Published on 15 May 2024
