Affin Education Financing-i for MSUrians
KOTA KINABALU: Reinforcing on a new strategic partnering with Affin Islamic Bank Berhad, Management and Science University (MSU) is now in a position to offer the Affin Education Financing-i option to intending MSU students.
The Ijarah-based financing provides up to RM150,000 in private loans as well as up to 15 years to the financing term.
Management and Science University (MSU) through its MSU Foundation currently provides up to RM8 million in scholarships, funding, zakat, and various other forms of financial aid.
Benefactors include not only MSUrians, both the University's and its affiliate MSU Colleges', but also high school students, matriculation colleges, and vocational colleges nationwide, as well as orphanages and charity homes.
MSU's international aid work reach communities as far as Kazakhstan, Sri Lanka, India, Vietnam, Indonesia, Myanmar, Syria, and Palestine. In providing access to education for all, Management and Science University (MSU) recently added the Republic of Maldives to its collaboration portfolio.
Present at the Affin Education Financing-i launch on campus in Shah Alam were MSU President, Professor Tan Sri Dato' Wira Dr Mohd Shukri Ab. Yajid, and MSU senior management. Affin was represented by Affin Islamic Bank Chairman, Mohd Suffian Haron; Affin Bank Berhad Managing Director/Chief Executive Officer, Kamarul Ariffin Mohd Jamil; and Affin Islamic Bank Chief Executive Officer, Nazlee Khalifah.
At the launch of Affin Education Financing-i, MSU Foundation received a zakat contribution to the tune of RM100,000 from the Affin Group, who also contributed RM50,000 to the University's Sekolah Bina Insan and RM40,000 to Management and Science University (MSU).
The Affin Education Financingi option provides for students 18 to 45 years old as eligible to apply, across all undergraduate (diploma and degree) and postgraduate studies at Management and Science University (MSU).