Govt In Talks With Banks To Discuss Possible Rahmah Banking Services
Author Avatar
(Image: Malay Mail/Firdaus Latif)

Domestic Trade and Cost of Living (KPDN) Minister Datuk Seri Salahuddin Ayub said that he will be meeting key players in the banking industry soon, in a bid to assess and discuss the possibility of offering affordable banking services under the Payung Rahmah initiative.

“Maybe there will be a good result from the meetings. Maybe there will be a Rahmah banking service that we can offer to any segments: perhaps housing, maybe loans, maybe financing from banks that is more rahmah to Malaysians,” said the minister, adding that he will be accompanied by the Minister of International Trade and Investment Datuk Seri Tengku Zafrul Abdul Aziz to these meetings.

The minister also hopes that these discussion sessions could result in the brainstorming of innovative product ideas for the people. Ultimately, the aim is to make banking services more inclusive and accessible to all Malaysians, and provided with more compassion.

(Image: The Star/Muhamad Shahril Rosli)

Datuk Seri Salahuddin further commented that it is only expected for the government to want to include banking services now as the Payung Rahmah initiative has grown way beyond its original scope to cover multiple industries.

For context, the Payung Rahmah initiative originally began with four programmes when it was first rolled out at the start of this year: Bakul Rahmah, Kafe Rahmah, Jualan Murah Rahmah, and Barangan Rahmah. Subsequently, it was expanded to include other packages, such as Menu Rahmah, Rahmah Eyeglasses Package, and most recently, Rahmah Insurance and Takaful Packages.

(Source: Malay Mail)

0 0 votes
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Most Viewed Articles
Most Viewed Articles
Post Image
Personal Finance News
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
RinggitPlus
- 12th August 2026
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Personal Finance News
DOSM: GDP Grows 5.4% In First Quarter Of 2026
Iman Aminuddin
- 15th May 2026
The economy expanded 5.4% year-on-year in the first quarter of 2026, according to data released by the Department […]
Post Image
Personal Finance News
Diesel Subsidy Now Open To More Land Transport Vehicles
Iman Aminuddin
- 25th May 2026
The government has expanded eligibility under the Subsidised Diesel Control System (SKDS) to include jeeps and pickup trucks […]
Post Image
Personal Finance News
Google AI Ultra Gets A Lower Starting Price
Iman Aminuddin
- 22nd May 2026
Following announcements made during Google I/O 2026, Google has restructured its AI subscription lineup by introducing a new […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image