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EPF as loan collateral will utilise Islamic financing loan method
23 Mar 2023 | Thursday Source: Malay Mail
Prime Minister Datuk Seri Anwar Ibrahim today said that the government will utilitise Islamic financing loan method in relation to emergency loans made with EPF (Employees’ Provident Fund) saving as collateral.
He said this will ensure that service cost is kept at a minimal.
"The instrument we will use is Islamic financing so that the service cost is minimal.
