BHB, Bank Islam Contributes RM1.6 Million for Covid-19 Efforts

Funds will be utilised to support the needs of frontliners and underprivileged communities 

Chief Executive Officer of BHB, Mohd Muazzam Mohamed (left) presents a mock cheque amounting RM1 million for the contribution to the Musa’adah Covid-19 Fund to YB Senator Dato’ Seri Dr Haji Zulkifli Mohammad Al-Bakri, Minister in The Prime Minister’s Department (centre) on 30 March.

BIMB Holdings Berhad (“BHB”) with its wholly-owned subsidiary, Bank Islam Malaysia Berhad (“Bank Islam or the Bank”) earlier this week announces their contribution totalling RM1.6 million to support various humanitarian and medical-related causes in combating the COVID-19 pandemic.

BHB contributed RM1.0 million to #MusaadahCOVID-19 Fund, a fundraising programme initiated by Minister in the Prime Minister’s Department (Religious Affairs). The fund is to provide relief to muslim and non-muslim frontliners who are adversely affected by the outbreak. The contribution was presented to YB Senator Dato’ Seri Dr Haji Zulkifli Mohammad Al-Bakri, Minister in The Prime Minister’s Department on 30 March.

Chief Executive Officer of Bank Islam, Mohd Muazzam Mohamed (right) presents a mock cheque amounting RM100,000 for the contribution to the Selangor Covid-19 Fund to Dato’ Seri Amirudin Shari, Selangor Menteri Besar (left) on 2 April.

Meanwhile, Bank Islam, through its corporate responsibility arm, AMAL, provides an allocation of RM600,000 for the following initiatives:

• Financial assistance to micro-entrepreneurs whose business is severely affected by the pandemic.
• Direct Relief Support Programme which will be used in supplying food and necessities to universities, orphanages, old folks’ homes and homes for the disabled, as well as essentials and medical supplies to hospitals and district health clinics. 
• Purchase of necessities and essential needs for hospitals nationwide.

Encik Mohd Muazzam Mohamed, Chief Executive Officer of BIMB Holdings and Bank Islam said, “As a responsible corporate citizen, it is our responsibility to look after the wellbeing of our stakeholders and the communities. COVID-19 has taken a severe toll on the welfare of society and economic activities around the globe; more so on the medical fraternity and micro- entrepreneurs.

The RM1.6 million pledge is part of our on-going effort to assist the vulnerable and underprivileged communities who have been significantly impacted by the pandemic. With all initiatives in place, we hope to be able to cushion the impact of the current adversaries for all.”