Showing posts with label yapeim. Show all posts
Showing posts with label yapeim. Show all posts

Friday, 25 March 2011

MICRO FINANCE - PAWNBROKING - Malaysian YaPEIM Plans To Expand Ar-Rahnu Scheme Abroad (Turkey)

LENGGONG, March 23 (Bernama) -- The Malaysian Islamic Economic Development Foundation (YaPEIM) plans to expand its Islamic pawnbroking or Ar-Rahnu micro-credit system abroad, especially in member countries of the Islamic Development Bank (IDB).

Its director-general, Dr Abdul Malek Awang Kechil said a preliminary study was being carried out in five countries on the situation, structure, readiness and requirement, and legal framework. (full story)