COMMUNITY EMPOWERMENT AND SOCIAL FINANCE As a financial institution, we are set apart by our dedication to creating sustainable social impact through our products and solutions. Guided by the principles of VBI, we look beyond our financial bottom-line alone and strive to advance solutions that improve outcomes for people, communities and society as a whole. In this commitment, we are guided by the following four pillars: Our social finance agenda are spearheaded by Sadaqa House, which mobilises the philanthropic capitals such as sadaqah (voluntary charity), and zakat (tithe) to support a range of financing solutions – both for profit and zero-profit – and support social impact projects in local communities. CREDIT-BASED INTERMEDIATION VALUE-BASED INTERMEDIATION SAVING AND DEPOSIT for Capital Protection TRADITIONAL FINANCING Driven by risk factors and financial considerations TRADITIONAL FINANCING ZERO-PROFIT BLENDED FINANCE (iTEKAD Bangkit) SOCIAL IMPACT PROJECTS CONVENTIONAL BANKS SAVING AND DEPOSIT INVESTMENT ACCOUNT Purposeful risk-absorbent capital Unrestricted Investment Account (UA) and Restricted Investment Account (RA) SOCIAL FINANCE FUNDINGS Purposeful Contributions APPLICATION OF FUNDS Zakat Sadaqah Waqf BLENDED FINANCE (PROFIT) (iTEKAD Maju and Jaya) SAKEENAH HOME OWNERSHIP PROGRAMME (SakeenaHOPe) ORPHAN INITIATIVES Enabling access to financial services for the underbanked and nurture the segment to become bankable. Social Finance Shared Prosperity Value Beyond Profit Long-Term Growth Balancing financial value with other key imperatives such as human well-being, ethical behaviour, and community development. Narrowing income inequality and ensuring economic development benefits all. Driving lasting development that benefits current and future generations. SOURCE OF FUNDS Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2024 172 Sustainability Statement
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