Commitment 4: Increase financing support to 10,000 enterprises and 3,000 social finance beneficiaries by 2025 Scaled up support for underserved and marginalised communities through provision of blended finance and grants. Recorded Sadaqa House collections exceeding RM15 million. Disbursed RM8.3 million in blended finance (iTEKAD Maju & iTEKAD BangKIT). Facilitated upward mobility for 155 underbanked entrepreneurs. Disbursed RM7.6 million Sadaqa House funds to other beneficiaries across four sectors. Commitment 5: Embody Value-based Culture in Our People Implemented training and development across functions on sustainability and climate areas, with a focus on externally accredited programmes for relationship managers. Conducted two Pulse surveys to analyse and identify factors that contributes to compliance and integrity culture, and employee well-being. Established Sustainability & Climate Champion’s (SCC) Group within the Bank to foster collaboration on Sustainability and climate-related initiatives and rollout of products and services. Related SDGs Key Highlights and Progress In Kampung Tambatuon, Kota Belud, Magret Darusin stands as a shining example of the impact of Bank Islam’s iTEKAD BangKIT microfinance programme on the local community. As a dedicated member of the Sabah Social Entrepreneurs Association (SOSEA), Magret has revitalised neglected cocoa farms in her village. Her efforts extend beyond cocoa cultivation; she champions organic farming practices to enhance cocoa quality while also positively impacting the lives of fellow villagers, primarily farmers. Through the mobilisation of iTEKAD BangKIT financial support, Magret provided a platform for farmers to sell their harvests at competitive prices, motivating them to sustain their farming practices and improve their livelihoods. The processed cocoa beans from Kampung Tambatuon are then used to produce Koko Loko, a chocolate-based brand under JFA Agro Enterprise, another SOSEA member. These delectable products are sold online and to cafes and corporations in Sabah. Magret's mission is to uplift the lives of her fellow villagers and increase their skills and knowledge to move beyond traditional farming practices. She aspires to establish a centralised cocoa processing hub and visitor centre in the near future, further enriching the lives of Kampung Tambatuon. Bank Islam’s iTEKAD BangKIT support is a testament to the broader positive changes social entrepreneurship can instigate within communities. By enabling social enterprises like SOSEA to mobilise the efforts of entrepreneurs under their wings, including cocoa farmers, Bank Islam plays a vital role in generating the state’s economy. Sabah, as the country’s leading producer of cocoa beans, accounting for over half of Malaysia’s cocoa crops, significantly benefits from this support. Programme: iTEKAD BangKIT Cultivating Strength: Empowering Communities through Cocoa Discover more about Magret Darusin entrepreneurial journey by scanning the QR Code. 103 1 2 3 4 5 6 7 8 9 www.bankislam.com SUSTAINABILITY STATEMENT
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