Yayasan Ihsan Rakyat (YIR)

Looking for fast and reliable financing? Turn to Yayasan Ihsan Rakyat (YIR) for all your personal loan needs. Whether it’s home renovations, education expenses, business ventures, healthcare bills, or even pilgrimage costs, YIR has got you covered. With quick disbursement within just 48 hours, you can access the funds you need without delay. Discover seamless financing solutions with YIR today!

About YIR

Vision

Yayasan Ihsan Rakyat (YIR) strives to be a leader in contributing to the socioeconomic development of needy Malaysian communities through various effective and impactful initiatives.

Mission

1. Identifying Target Groups: YIR aims to identify communities in need, especially the poor and needy, for assistance.
2. Providing Financial Support: YIR collaborates with the government and other stakeholders to receive and manage funds to help alleviate the burden on the poor and needy.
3. Conducting Community Development Programs: YIR implements beneficial and progressive community development programs to improve the quality of life for target groups.
4. Offering Integrated Assistance: YIR provides comprehensive and integrated assistance to those in need, including financial aid, skills training, and welfare assistance.

History

Yayasan Ihsan Rakyat (YIR) was established on May 25, 2012, under the Companies Act 2016, as a charitable organization focusing on efforts to assist the poor and needy in Malaysia. Although not a cooperative under the Cooperatives Act 1993, YIR plays a significant role in contributing to the socioeconomic development of the country.

Main Functions

Collaboration with Government and Stakeholders

One of YIR’s main functions is to collaborate with the government and other stakeholders to receive and manage funds needed to assist the poor and needy.

Fund Management and Financial Aid

YIR is responsible for managing funds received from various sources and ensuring they are used judiciously to provide financial assistance to those in need.

Implementation of Community Development Programs

YIR actively implements various community development programs such as educational assistance, healthcare assistance, and other welfare aid to uplift the living standards of target groups.

Introducing Social Initiatives

YIR is also involved in introducing social initiatives aimed at improving the lives of the poor and needy, including skills training programs and local economic development initiatives.

Discover how Yayasan Ihsan Rakyat (YIR) provides the best Shariah-compliant financing solutions tailored for government civil servants, ensuring financial products that align with Islamic principles. With a range of customized services designed to meet the unique needs of civil servants, YIR empowers you to manage your finances effectively and achieve your financial goals. Whether you’re looking to consolidate debt, finance a major purchase, or invest in your future, YIR’s offerings are structured to support your journey towards financial stability and prosperity. Experience the peace of mind that comes with ethical financing solutions from Yayasan Ihsan Rakyat.

Shariah-Compliant Personal Loans

Yayasan Ihsan Rakyat (YIR) offers the best personal loan products that adhere strictly to Shariah principles. Each loan requires an akad, which signifies a formal agreement made with full comprehension of the terms and conditions involved. With YIR, borrowers can benefit from exclusive profit rates ranging from 6.50% p.a. to 9.99% p.a. without the necessity of providing collateral.

Empowering Financial Assistance

Yayasan Ihsan Rakyat (YIR) operates as a foundation with a company registration number 201201017719 (1003231-A). Limited by guarantee and incorporated under the Companies Act 2016, it distinguishes itself from cooperative societies governed by the Co-operative Societies Act 1993. YIR focuses on providing Shariah-compliant financing solutions tailored specifically for Malaysian Civil Servants and selected Statutory Bodies and Government Linked Companies (GLC) Employees.

Commitment to Financial Empowerment

YIR is committed to empowering individuals by offering financing opportunities that cater to various needs and aspirations. Whether it’s enhancing one’s lifestyle, covering education fees, initiating business ventures, or addressing medical expenses, YIR strives to facilitate the realization of applicants’ goals.

Shariah-Compliant Financing Solutions

As a foundation adhering to Shariah principles, YIR ensures that its financing options are fully compliant with Islamic law. This commitment to ethical financing practices provides borrowers with peace of mind, knowing that their financial transactions are conducted in accordance with Shariah guidelines.

Supporting Diverse Financial Needs

YIR recognizes the diverse financial needs of its target audience and endeavors to provide comprehensive support. By offering financing for lifestyle enhancements, education, entrepreneurship, and healthcare, YIR aims to contribute positively to the financial well-being of its beneficiaries.

Fostering Financial Inclusion

By extending financing opportunities to Malaysian Civil Servants, selected Statutory Bodies, and GLC Employees, YIR promotes financial inclusion and accessibility. Through its tailored financing solutions, YIR seeks to empower individuals from various professional backgrounds to pursue their aspirations and improve their quality of life.

A Truly Versatile Personal Loan for Any Purpose!

When faced with financial challenges or aspirations, having access to reliable and timely personal financing can make all the difference. Yayasan Ihsan Rakyat (YIR) understands the diverse needs of individuals and offers a comprehensive range of financing services to address various situations.

One of the primary reasons individuals seek personal loans is for home renovations. Whether it’s upgrading living spaces, repairing damages, or enhancing property value, renovations often require a significant financial investment. With YIR’s personal loan options, individuals can access the funds needed to transform their homes according to their vision, without the financial strain.

Education is another common area where personal financing comes into play. Whether it’s financing a child’s education or pursuing one’s own academic aspirations, educational expenses can be substantial. From tuition fees to study materials and living expenses, the costs can add up quickly. YIR’s financing services provide individuals with the means to invest in education, empowering them to pursue knowledge and opportunities without worrying about financial constraints.

For aspiring entrepreneurs or existing business owners, securing adequate funding is crucial for growth and sustainability. YIR recognizes the importance of entrepreneurship and offers financing solutions tailored to support business ventures. Whether it’s launching a new enterprise, expanding operations, or investing in equipment and resources, YIR’s business financing options provide the necessary capital to fuel entrepreneurial ambitions.

Healthcare expenses can often catch individuals off guard, especially in emergencies or when facing medical treatments or procedures. YIR understands the importance of health and well-being and offers financing for healthcare-related expenses. Whether it’s covering medical bills, purchasing essential equipment, or funding specialized treatments, YIR’s financing services ensure that individuals can access quality healthcare without delay.

Furthermore, YIR recognizes the significance of religious obligations and offers financing options for pilgrimage expenses such as Umrah and Hajj. These sacred journeys hold deep spiritual significance for many individuals, and YIR’s financing services enable them to fulfill their religious duties with peace of mind.

In addition to addressing specific needs, YIR also provides debt consolidation services. Consolidating multiple facilities into a single loan can simplify repayment and potentially reduce overall interest costs. This approach allows individuals to manage their finances more efficiently and work towards financial freedom.

What sets Yayasan Ihsan Rakyat apart is its commitment to providing swift and efficient financing solutions. With a 48-hour disbursement timeframe, individuals can access the funds they need quickly and without delay. This rapid turnaround time ensures that individuals can address their financial needs promptly, whether it’s seizing business opportunities, pursuing educational endeavors, or attending to urgent healthcare matters.

Advantages

Yayasan Ihsan Rakyat (YIR) personal financing stands out as a beacon of opportunity, offering a myriad of advantages tailored to meet your diverse financial needs. Explore the array of benefits awaiting you when you apply for YIR personal financing:

• Competitive Profit Rates: Benefit from competitive profit rates, ensuring that you secure financing at terms that align with your budget and financial aspirations. With YIR, you can rest assured knowing that your financing is provided at favorable rates.
• Fast Approval Process: Experience a streamlined approval process with decisions typically made within 3-5 working days. This swift turnaround time enables you to access funds promptly, addressing your financial requirements without unnecessary delays.
• Generous Financing Amount: Access up to RM200,000 in financing, providing you with ample funds to fulfill various financial needs, whether it’s for home improvements, education expenses, or debt consolidation. With YIR, your financial ambitions are within reach.
• Extended Financing Period: Enjoy the flexibility of a financing period of up to 10 years. This extended repayment duration allows you to spread out your repayments, making them more manageable and budget-friendly, while still achieving your financial goals.
• Fresh Loan Options: YIR allows for fresh loans, enabling you to apply for financing even if you have existing financial commitments. This flexibility ensures that you can address new financial needs without hassle, providing you with the financial freedom you deserve.
• Multiple Account Openings: Open second, third, or additional accounts without the need for overlapping loans. This feature offers you the convenience of managing multiple financial commitments separately, without complicating your financial situation.
• No Initial Settlement Statement Required: Simplify the application process by eliminating the need for an initial settlement statement. This streamlined approach saves you time and effort when applying for financing, allowing for a hassle-free experience.
• Economical In-House Overlap: Benefit from an economical in-house overlap arrangement that offers a high rebate. This cost-effective option allows you to manage overlapping loans more efficiently, reducing your overall financial burden and providing you with peace of mind.
• Encouragement for Applicants with Blacklisted Records: YIR encourages applicants with blacklisted records, such as those listed in CCRIS or CTOS, to apply for financing. This inclusive approach ensures that individuals facing financial challenges still have access to essential funding, empowering them to improve their financial situation and achieve their goals.

With these advantages, Yayasan Ihsan Rakyat personal financing provides a convenient and accessible solution to meet your financial needs, offering flexibility, affordability, and support to help you achieve your goals. Experience the difference with YIR and embark on a journey towards financial empowerment today.

Contact Yayasan Ihsan Rakyat (YIR)

Yayasan Ihsan Rakyat
Lot 33.01-02, Tingkat 33 Sunway Putra Tower,
100, Jalan Putra,
50350 Kuala Lumpur

Tel: 03-4047 0888 (General Line)
Fax: 03 – 4047 0856