Eqhwan Mokhzanee, CEO of AmBank Islamic (2nd from left) visiting one of the booths showcasing homemade delicacies by one of the recipients during the ceremony. Looking on is Aida Zunaidi, Founder of Ibupreneur (far left).
AmBank Islamic has manifested its support for Ibupreneur, one of the leading social enterprises dedicated to empowering women entrepreneurs mainly from the asnaf and B40 categories, through the iTEKAD programme where AmBank Islamic has allocated RM450,000 in the form of seed capital funding and capacity building to help fuel their development and growth.
This initiative is part of AmBank Islamic’s ongoing commitment to nurturing micro-entrepreneurs across Malaysia. The funds will be used to provide working capital to the selected participants and access to comprehensive training modules designed to equip them with the skills and knowledge necessary for long-term success. The capacity building programme spans over a year and is inclusive of monitoring period, focusing on sustainable growth and market readiness.
"At AmBank Islamic, we believe in the transformative power of entrepreneurship, especially among women who drive change within their communities. Our support for Ibupreneur is not just about providing financial assistance; it is about fostering an ecosystem where women can thrive and make a significant impact in the market. We are excited to see the positive outcomes from this collaboration,” said Eqhwan Mokhzanee, Chief Executive Officer of AmBank Islamic.
“Besides providing the funds, our employees will also be volunteering in conducting the relevant training and workshops for the participants under Ibupreneur throughout the programme,” added Eqhwan.
Ibupreneur, which has made strides in supporting women entrepreneurs, will leverage this funding to enhance its training programmes for the participants of this iTEKAD programme.
"We are incredibly grateful for AmBank Islamic’s generous support. This partnership will enable us to provide valuable resources and guidance to our women entrepreneurs, helping them to build sustainable businesses and contribute to the economic landscape,” said Aida Zunaidi, Founder of Ibupreneur.
AmBank Group remains committed to support various micro-entrepreneurs nationwide including through the iTEKAD programme, reaffirming its dedication to fostering a thriving entrepreneurial community.
To date, AmBank Islamic has provided more than RM1 million worth of grants to multiple segments of micro-entrepreneurs nationwide for upskilling and capacity building efforts. For FY25, AmBank Islamic is allocating a total of RM2.8 million for the iTEKAD programme.
