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  AGROBANK CONTRIBUTES RM 1,000,000 OF ITS ZAKAT FUND TO TABUNG COVID-19, MOH MALAYSIA

Thursday 03/12/2020



Table

YBhg Dato’ Mustapha Buang, Chairman of Agrobank (2nd from right) presenting a mock cheque amounting RM 1 million to ‘Tabung COVID-19' to YB Dato’ Sri Dr. Adham Baba, Minister of Health (middle) witnessed by YBhg Dato’ Mohd Shafiq bin Abdullah, Deputy Secretary General (Management) of MOH (2nd from left),  YBhg Datuk Dr. Haji Rohaizat bin Haji Yon, Deputy Director General of Health (Medical) (left) and Puan Khadijah Iskandar, Covering President / Chief Executive Officer of Agrobank (right)


PUTRAJAYA, Dec 3 (Bernama) -- Agrobank today contributed RM1 million of its zakat fund to ‘Tabung COVID-19’, Ministry of Health Malaysia (MOH), a donation fund which will be used for the purchase of medical equipment, medicines, reagents, disposable items and other medical necessities.
 
A Zakat Contribution Presentation Ceremony was held today at MOH, Putrajaya which saw Dato’ Mustapha Buang, Chairman of Agrobank presenting the mock cheque of contribution to YB Dato’ Sri Dr. Adham Baba, Minister of Health Malaysia. The Zakat Presentation Ceremony was also attended by Khadijah Iskandar, Covering President / Chief Executive Officer of Agrobank.
 
According to Dato’ Mustapha Buang, Chairman of Agrobank, as a responsible corporate citizen and aware on the challenges faces by MOH in combating COVID-19 pandemic, Agrobank is pleased to be able to lend a helping hand in supporting the front liners battling the pandemic.
 
“With the rising numbers of COVID-19 cases, we hope with our contribution, it will assist MOH financially and enabling them to provide the best medical care to COVID-19 patients,” he said.
 
“As a financial institution, Agrobank provides essential services during the pandemic and we are also front liners. On a daily basis, our staffs are on the ground to help our customers who are facing with financial adversities due to the current economic situation arising out of the COVID-19 pandemic. So we understand the challenges and risks faced by the front liners.”
 
"Therefore, we are truly grateful to every single health worker who is working hard to stop the spread of COVID-19. They need all the support they can get, particularly as there are more than ten thousand patients currently in treatment. So, we would like to take this opportunity to thank our unsung heroes in the medical profession who are working tirelessly in the midst of this pandemic battling to prevent the spread of COVID-19,” Dato’ Mustapha added.

Agrobank will continue to prioritise the well-being and advancement of people and communities in agriculture industry especially the unserved and underserved communities during this unprecedented situation by providing supports through various of its financing programmes.
 
ABOUT AGROBANK

Agrobank is a leader in agriculture financing and values-based banking based (VBI)* in Malaysia. Established in 1969, Agrobank is actively involved in charting the growth and development of Malaysia’s agriculture industry by offering shariah compliant products and solutions across various customer segments including corporate, commercial, consumer, trade finance and micro financing customers. Agrobank is a full-fledged Islamic bank since 1st July 2015.
 
As a market driven, customer-centric DFI (Development Financial Institution) with a primary focus on strengthening the agriculture sector in Malaysia, Agrobank strikes an equal balance to its developmental and commercial roles to benefit the agriculture sector. Agrobank provides a comprehensive repertoire of financing solutions for the agriculture community; that includes upstream activities related to primary food and commodities-based agriculture activities to downstream activities such as processing, marketing and distribution of agricultural products.
 
Agrobank also offers retail banking financing solutions to improve the well-being of the agriculture community. This is done through its network of 192 customer touch points including 138 branches, 1 agro banking, 1 virtual banking, 10 commercial financing centre, 34 kiosk, 8 agro corners & agro point.  
 
In 2019, Agrobank celebrates its golden jubilee Anniversary, as it marks 50 years of its proud establishment developing the agro industry.  
 
www.agrobank.com.my

* VBI or value-based intermediation is an initiative by Bank Negara Malaysia (BNM) which aims to improve the products and services offered by Islamic financial institutions towards a better facilitation of entrepreneurship, community well-being, sustainable environment and economic growth, without compromising on shareholders’ returns
  
Issued by Strategic Communications Department, Agrobank 

SOURCE: Agrobank 

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Shahreen Rahim
Section Head of Public Relations
Strategic Communications Department, Agrobank
Tel: 03-2731 1660 (ext 1660) / +6012-943 6217
Email: shahreen.rahim@agrobank.com.my
 
Name: Syarifah Syameen
Senior Executive, Public Relations
Strategic Communications Department, Agrobank
Tel: 03-2731 1652 / +6012-310 1766
Email: syameen@agrobank.com.my

--BERNAMA
 

 
 

 
 
 

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