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Financial institutions urged to abolish accrued interest/profits during moratorium

KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today urged financial institutions to consider abolishing the accrued interest (on hire purchase loans) or profits (on fixed rate Islamic financing) during the six-month moratorium period. He made the call

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Bank Muamalat offers moratorium relief for coronavirus-affected customers, staff

KUALA LUMPUR: Bank Muamalat Malaysia Bhd (Bank Muamalat) is offering a temporary moratorium of up to six months for the monthly instalment payments on certain financing obligations for all customers and staff, as a relief for those who have been

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