AFFIN Islamic Bank, a wholly-owned subsidiary of Affin Bank Berhad, signed a memorandum of understanding (MoU) on Affin Education Financing-i with SEGi University & Colleges.
The MoU was signed by Affin Islamic chief executive officer Nazlee Khalifah and SEGi University & Colleges, Kota Damansara group senior executive director Daniel Teng.
“This collaboration signifies our commitment to enhance our business partnership with the institutions of higher education in Malaysia.
“It is our intention to provide financial assistance to students in the various stages of tertiary education as we strongly believe in the investment of education for the future of our next generation,” said Nazlee.
Through this agreement, he said, Affin Islamic had developed a comprehensive financing strategy to support the provision of innovative financing solutions by providing financial assistance to students for their education plan.
Teng said SEGi is proud to partner with Affin Islamic Bank to offer a unique and flexible funding solution to all its existing and new students.
“This product adopts a shared responsibility approach where several family members or guardians can jointly support the educational needs of one student.
“This will enable students to cover most or the full cost of a programme.
“We want to ensure that more students can afford higher education to realise their full potential, in line with our motto, ‘The Best in You Made Possible’,” he said