YAPEIM TARGETS SETTING UP 30 MORE AR-RAHNU BRANCHES

  • Karpal’s faithful aide until the end – Bernama
    Karpal’s faithful aide until the end – Bernama

    The name Michael Cornelius Selvam Vellu may not be as famous as the man he was serving – renowned lawyer Karpal Singh – but his sacrifice will remain in the annals of Malaysian history for his devotion to his boss. It would be suffice to say that Michael was literally the man behind Karpal, since the 39-year-old, would push his boss around in... …

  • Johor quarantines 64 villagers after first MERS death, says report
    Johor quarantines 64 villagers after first MERS death, says report

    Malaysia has quarantined 64 people in a southern village after one of its residents become the country's first person to die of a respiratory illness that is spreading from the Middle East, local media reported today. At least 71 people have died from the so-called Middle East Respiratory Syndrome, or MERS, out of more than 200 infections in... …

  • Water theft cost us RM1.6 billion a year, says body – Bernama
    Water theft cost us RM1.6 billion a year, says body – Bernama

    Water from leaking pipes and water theft, collectively known as “non-revenue water” (NRW), accounted for major losses amounting to RM1.6 billion a year throughout the country. Association of Water and Energy Research Malaysia (Awer) president S. Piarapakaran said the loss of treated water before it reached consumers because of leaks in old... …

  • Above all, Karpal was a great father
    Above all, Karpal was a great father

    For as long as I have been aware of this thing called “politics,” I have been aware of Karpal Singh. As a boy, my image of him was often humorous, based as they were on classic Lat cartoons. A particular favourite has Mr Karpal looking gigantic in full court regalia holding aloft a coconut scrapper with one superhuman hand while pointing... …

  • Muslims not encouraged to use ‘RIP’, says National Fatwa Council
    Muslims not encouraged to use ‘RIP’, says National Fatwa Council

    Hours after the death of Karpal Singh, Muslims were told by the National Fatwa Council today they were not encouraged to use the phrase “Rest in Peace" (RIP) to a non-Muslim because the term had Christian connotations. In a statement issued on its website, www.e-fatwa.gov.my, the National Fatwa Council said Muslims could express their... …

  • Amid furore over Karpal jibe, Perkasa distances itself from Zul Noordin
    Amid furore over Karpal jibe, Perkasa distances itself from Zul Noordin

    KUALA LUMPUR, April 17 — The right wing Malay group, Perkasa, has distanced itself from Datuk Zulkifli Noordin, who had earlier tweeted that the passing of veteran DAP politician Karpal Singh was... …

YAN, April 10 (Bernama) -- The Malaysian Islamic Economic Development

Foundation (YAPIEM) is to open up 30 more Ar-Rahnu branches (Islamic pawnshops)

in the country to help about 360,000 people targeted this year.

Minister in the Prime Minister''s Department Datuk Seri Jamil Khir Baharom

said with the additional branches, YAPIEM would provide an allocation of RM652

million for the benefit of those in the target group.

"Since the scheme started in 1993, we have succeeded in helping 4.7 million

people throughout the country with RM6.7 million of cumulative financing.

"This positive development by YAPIEM had attracted the attention of the

prime minister and Finance Ministry in facilitating the opening of the 100th

Ar-Rahnu YAPEIM branch by the end of 2010," he said after opening the Ar-Rahnu

branch in Pekan Yan Kecil, here, today.

Jamil Khir said apart from that, the micro-credit programme of Ar-Rahnu had

also attracted the interest of countries in the region to implement a similar

programme based on the model of this country.

-- MORE

JAMIL-YAPEIM 2 (LAST) YAN

Among the countries were Indonesia (mortgage company), Brunei (Bank Islam

Brunei) and Thailand (Koperasi Pattani Berhad) which started operating in

2004 after getting guidance and advice from Malaysia, he said.

"In addition, 50 per cent of the non-Muslim community have also showed

interest in carrying out the Ar-Rahnu YAPEIM micro-credit transaction.

"The branches which have attracted interest from non-Muslims are in Bagan

Datoh, Perak, and Klang, Tanjung Karang and Sungai Besar in Selangor," he said.

On the RM10 insurance coverage charge for Haj and Umrah pilgrims by private

companies, Jamil Khir said Tabung Haji did not impose extra payment on pilgrims

registered with it.

He said such payment had already been included earlier in the package

provided by the pilgrims management board.

"Such extra payment as imposed by the private companies is regarded as a

good approach to help sickly pilgrims and to cover any loss of baggage while

performing the pilgrimage."

However, Jamil Khir advised the companies to give prior explanation on the

extra insurance charge in order to avoid any confusion.

-- BERNAMA

MKF SMS HBS1 MO

Follow @YahooMalaysia on LINE for daily news updates.

Comments on Yahoo pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo is not responsible or liable in any way for comments posted by its users. Yahoo does not in any way endorse or support comments made by its users.

  • My dad was in KL to see me, says Gobind The Malaysian Insider
    My dad was in KL to see me, says Gobind

    Bukit Gelugor MP Karpal Singh, who died in an accident early this morning, was in Kuala Lumpur to visit his son Gobind Singh Deo who was ill. A distraught Gobind said he was informed of the accident at 2.15am today, and he and his wife rushed to the scene where he saw his father's mangled car and his father's body. "My brother Ramkarpal was... …

  • Langkawi BN MP pokes fun at Karpal Singh’s remains The Malaysian Insider
    Langkawi BN MP pokes fun at Karpal Singh’s remains

    As the nation mourns the passing of a great politician, BN MP Datuk Nawawi Ahmad insulted the late Karpal Singh by posting a picture of the veteran politician's blood-smeared face as he lay in his Toyota Alphard following a tragic accident this morning. Along with the Facebook picture was a newspaper cutting on Karpal being opposed to the... …

  • ‘Huge’ Hindu, Buddhist statues against Islam, ex-judge says The Malay Mail Online
    ‘Huge’ Hindu, Buddhist statues against Islam, ex-judge says

    KUALA LUMPUR, April 16 — The “huge” statues at a Hindu temple in Batu Caves and Buddhist temple in Penang are an affront to Islam as the religion forbids idolatry, a retired Court of Appeals judge... …