Amanah Ikhtiar Malaysia (AIM) has long received international recognition for helping to uplift poor communities through microloans, but a plan that would fundamentally change its structure has put a spotlight on the trust that in recent years became involved in controversies.

AIM is a private trust but has received strong government support since its inception in 1987, with RM857.97 million in government loans channelled to it.

A representative from the Rural and Regional Development Ministry also sits on the board as an ex-officio member...