A digital platform for a Keluarga Malaysia vehicle insurance financing programme based on a Syariah-compliant Qardhul Hasan concept which does not involve interest or riba (usury), was launched today to help civil servants pay their car insurance and road tax in instalments.
Prime Minister Ismail Sabri Yaakob said the approximately 1.6 million civil servants including those under a contract of service, are expected to benefit from the Myezycover.com programme, which offers various benefits to protect their cars from potential loss due to accidents or natural disasters such as floods and landslide.