What was the individual amount given to each B40 entrepreneur?

Question

Accepted Answer

RM500 Was Distributed to Each B40 Entrepreneur

The Companies Commission of Malaysia (SSM) provided a total of RM100,000 to assist entrepreneurs within the B40 group who have been impacted by the Covid-19 pandemic. This financial aid was distributed among 200 entrepreneurs, with each individual receiving RM500. This initiative is part of SSM's corporate social responsibility efforts.
Contribution Details

The RM100,000 contribution was specifically allocated to 200 entrepreneurs from the B40 segment. This means that each entrepreneur received an individual amount of RM500. The aim of this distribution was to provide financial relief and support to those whose businesses were adversely affected by the pandemic.
Corporate Social Responsibility Initiative

This contribution forms a part of SSM's broader corporate social responsibility (CSR) programme. Previously, SSM had channelled its corporate wakalah tithes to eligible recipients, including entrepreneurs identified as 'asnaf' (those eligible for tithe). The Domestic Trade and Consumer Affairs Minister, Datuk Seri Alexander Nanta Linggi, launched this initiative, underscoring the government's call for unity under the Keluarga Malaysia (Malaysian Family) concept.
Broader Zakat Distribution

In addition to the specific CSR allocation for B40 entrepreneurs, SSM also distributed RM7,521,463 in corporate wakalah tithes between January 1 and December 31, 2021. These zakat funds benefited various groups, including the asnaf, fakir (hardcore poor), miskin (poor), mualaf (converts), gharimin (those in debt), and fisabilillah (those working for Islam or general good). The recipients also included mosques, surau, schools, and hospitals across the country.
Additional CSR Allocations

For the same period of January 1 to December 31, 2021, SSM channelled a total of RM424,309 through its CSR allocation to various needy recipients. This figure represents a separate allocation from the RM100,000 specifically directed towards B40 entrepreneurs to aid in rebuilding their businesses affected by the Covid-19 pandemic.

Reading history

Hide →

This history is cleared when the page is closed.

What was the individual amount given to each B40 entrepreneur?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends