Rural Development Financing-i Scheme
Bank Rakyat also focuses on the financial needs of small and medium-sized enterprises in rural and suburban areas. Our Rural Development Financing-i Scheme, based on Shariah concept Al-Qardhul Hassan, is designed to assist such entrepreneurs.
Al-Qardhul Hassan refers to an interest-free loan. The borrower only pays the principal amount borrowed and other additional amount at his discretion as a token to the bank.