IMPAK PASCA COVID19 KEPADA PENIAGA KECIL

 https://www.sinarharian.com.my/article/113943/SUARA-SINAR/Analisis-Sinar/Hampir-setahun-Covid-19-melanda

BELANJAWAN 2021

 

Moratorium In Islamic Banking

A moratorium is a temporary suspension of an activity or a law until future events warrant lifting the suspension or related issues have been resolved. A moratorium may be imposed by a government or by a business. Moratoriums are often enacted in response to temporary financial hardships.

Banks offer 6-month moratorium on loan repayments

CORONAVIRUS | Malaysian banks are offering financial relief to their customers who are affected by the Covid-19 outbreak.

Maybank said it has introduced a moratorium of up to six months for its customers and this could also include restructuring and rescheduling of financing facilities.

Other banking and financial institutions which have reportedly offered a moratorium on loan repayments include Bank Rakyat, SME Bank, Tekun, Bank Simpanan Nasional, Public Bank and Public Islamic Bank, RHB Bank and RHB Islamic Bank, Agrobank, Hong Leong Bank and Hong Leong Islamic Bank, Bank Islam and Bank Muamalat.

Bernama reported MBSB Bank president and chief executive officer Ahmad Zaini as saying that the bank is also offering financial relief to its retail, corporate and small and medium enterprise (SME) clients affected by Covid-19.

Affected retail customers will be offered a six-month moratorium on installment payment for financing and they may also opt to restructure or reschedule their financing.

Corporate and SME clients, who are directly or indirectly affected by the pandemic, especially those in industries such as hospitality and tourism, may apply for financing restructuring and rescheduling.

Meanwhile, both Affin Bank and Affin Islamic Bank will also be offering financial relief assistance for their customers.

“We are committed to continuing our support for our valued customers as the preferred banking partner by relieving them from further distress during these trying times,” said Affin Bank group chief executive officer Kamarul Ariffin Mohd Jamil.

For its retail customers, the bank will provide a moratorium of up to six months, restructuring and rescheduling of financing facilities for customers who subscribe to mortgage, hire purchase, credit cards, education financing, Amanah Saham Nasional financing and personal financing.

For corporate banking customers, the bank will provide temporary relief to affected eligible customers as stipulated in Bank Negara Malaysia’s Credit Risk Guideline and the request will be subjected to internal approvals and credit due diligence.

The relief may involve rescheduling and restructuring exercise such as granting of a moratorium on the loan/financing and repayments up to six months, subject to terms and conditions.

Agrobank has also announced several measures along with initiatives undertaken by Bank Negara to provide relief to small and medium enterprises (SMEs) affected by the pandemic.

It said the measures are an immediate moratorium of up to six months for the monthly instalment payments of financing for its existing customers and restructuring of their financing to help with their cash flow situation.

"As the outbreak escalates, Agrobank will continue to be very active in providing financial relief measures in assisting SMEs to weather the storm of the Covid-19 pandemic,” covering president and chief executive officer Khadijah Iskandar said in a statement today.

Agrobank, through BNM’s Stimulus Package 2020, is also providing a RM2 billion Special Relief Facility (SRF) which will be deployed in the form of working capital to assist SMEs that are adversely impacted by Covid-19.

Khadijah said this facility is vital for SMEs in the agriculture and agrofood sectors to sustain their business operations and alleviate short-term cash flow problems.

“Through this programme, Agrobank will provide a prompt, collateral-free financing facility of up to RM1 million per SME with a competitive financing rate capped at 3.75 per cent per annum,” she said.

She said eligible SMEs can obtain the financing facility with Agrobank for a tenure of up to 5.5 years, including a six-month grace period.

Another initiative taken under BNM’s Stimulus Package 2020 was the introduction of a RM1 billion Agrofood Facility and a RM300 million SME Automation and Digitalisation Facility.

Source: https://www.malaysiakini.com/news/

MBB4013 - OPR DECESION AND STATEMENT

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50 percent. The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75 percent and 2.25 percent, respectively.
Global economic conditions have weakened in the recent period. The ongoing COVID-19 outbreak has disrupted production and travel activity, especially within the region. This has also led to greater risk aversion, resulting in tighter financial conditions and a resurgence in financial market volatility. Downside risks to the global growth outlook have increased, particularly in the near term. However, a number of countries have implemented policy responses. With further anticipated policy measures, these actions are expected to mitigate the economic impact of COVID-19.

The Malaysian economy grew at a moderate pace of 4.3% in 2019. Looking ahead, growth, particularly in the first quarter, will be affected by the COVID-19 outbreak primarily in the tourism-related and manufacturing sectors. The weakness in the agriculture sector is also likely to persist in the first quarter. For 2020, private and public sector activities will be supportive of growth. Household spending is expected to grow at a slower pace amid moderate employment and income growth. Investment activity is projected to record a modest recovery, underpinned by ongoing and new projects, both in the public and private sectors. The 2020 economic stimulus package will also provide some support to economic activity. Although domestic growth is expected to gradually improve in the second half of the year, there are key downside risks, mainly stemming from the evolving nature and prolonged impact of the COVID-19 outbreak, and continued weakness in commodity-related sectors.

In 2020, headline inflation is expected to average higher but remain modest. The trajectory of headline inflation will be dependent on global oil and commodity price developments and the timing of the lifting of the domestic retail fuel price ceilings. Underlying inflation is expected to be more moderate, amid limited demand pressures despite the continued expansion in economic activity.
The reduction in the OPR is intended to provide a more accommodative monetary environment to support the projected improvement in economic growth amid price stability. The MPC will continue to monitor and assess the balance of risks surrounding the outlook for domestic growth and inflation.

SOURCE: BNM 3 MARCH 2020

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ISLAMIC THEOLOGY and Al-FALAH 2020

Sebagai seorang Muslim yang berpegang kepada LIMA RUKUN ISLAM dan beriman dengan ENAM RUKUN IMAN bagi membuktikan ketaqwaan kepada YANG MAKA AGONG maka kehidupan di dunia ini dianggap sebagai tempat untuk bercucuk tanam demi menuai hasil di negeri abadi nanti iaitu HARI AKHIRAT. Jesteru itu apa yang terpenting dalam kehidupan manusia Islam adalam mencapai AL-FALAH (KEJAYAAAN & KEBERUNTUNGAN).

AL-FALAH boleh disimpulkan sebagai berikut:

AL-FALAH = BAHAGIAN DUNIA + BAHAGIA AKHIRAT

BAHAGIA DUNIA + BAHAGIA AKHIRAT= IMAN DAN TAQWA

MAKA;

AL-FALAH=IMAN DAN TAQWA

Untuk mencapai al-Falah ini terdapat 10 ciri berasaskan ayat-ayat Al-Quran yang perlu dihayati dan amalkan antaranya:

i-kekhusyukkan dalam melakukan sesuatu (berkualiti kerana Allah dan bukan untuk perhatian manusia semata-mata

ii. menunaikan zakat

iii. mengerjakan solat

iv. menjaga dan memelihara nafsu seks

v. jujur dengan amanah yang diberikan

Mutakhir ini dunia dikejutkan dengan sejenis penyakit COVID19 yang pada asalnya bermula dari negara China yang kini telah menular ke bebrapa buah negara lain termasuk negara Malaysia. Impaknya telah memberi kesan kepada ekonomi dan sosial massyarakat Malaysia. Peningkatan kes COVID19 yang meningkat sedikit demi sedikit walaupun pelbagai usaha gigih diusahakan oleh pihak KKM telah menimbulkan kerisauan masyarakat. Untuk mengharapkan pihak KKM sahaja untuk membenteras penyakit ini adalah tidak memadai. Masyarakat sekeliling wajib membantu pihak KKM secara kolektif membenteras penyakit ini. Namun terdapat segelintir masyarakat yang cuba mengambil peluang untuk TRAVEL ke luar negara rentetan penurunan harga oleh pihak syarikat penerbangan kesan COVID19. Sebelum ini juga terdapat farmasi yang cuba menjual topeng muka yang melebihi harga pasaran kepada orang ramai untuk mengaut keuntungan dalam situasi tidak sekarang.

Hari ini juga pasaraya dibeberapa tempat dikunjungi oleh orang ramai berbanding hari biasa seolah-olah berlaku situasi “Pembelian Panik”.  

 Jika kita kaitkan situasi COVID19 dan Islamic Theology, apakah pandangan kamu?