UNHCR, the UN Refugee Agency and Tulus Digital Sdn Bhd have launched a strategic partnership to strengthen support for refugee communities in Malaysia. Through this agreement, Tulus – a leading Islamic Social Finance crowdfunding application – pledges to raise USD600,000 from 2021 – 2023 to benefit the most vulnerable refugees in the areas of health, education, and gender-based violence.
UNHCR x Tulus Launch Partnership to Support Refugees in Malaysia (Left) UNHCR Representative Thomas Albrecht and (right) Chairman of Tulus Digital Sdn Bhd, Datuk Dr. Mohd Daud Bakar, signing the Agreement between the two organisations |
“One of the greatest
tools to solve inequalities amidst a COVID-19 pandemic is FinTech. FinTech
connects users in such a way so that transactions are transparent, easy to
perform, and allows donors to connect more closely to causes they can relate
to,” said Datuk Dr. Mohd Daud Bakar, Chairman of Tulus Digital Sdn Bhd.
“The meaning of tulus
is sincerity in the Malay language, and this app was built with that sole
notion in mind - to be clear and sincere in everything that we do for our
donors, beneficiaries, and partners, including UNHCR.
“Philanthropy has no
religion, has no home address, is no flagship of any country. It is about
humanity. And for that, we are motivated to use our digital platform to serve
these communities better.”
In recent years,
UNHCR has continued to strengthen partnerships in Islamic Philanthropy, tapping
into Islamic Social Finance to assist the most vulnerable refugees in Malaysia.
“Onboarding Tulus as
the first UNHCR Islamic FinTech Partner is a major milestone in connecting
Islamic Finance to reducing inequalities and poverty amongst the refugee
population in Malaysia,” said Thomas Albrecht, UNHCR Representative.
“FinTech is also an
innovative solution in this regard. Turning to technology to mobilise public
support, especially during times of social distancing, makes practical sense.
“UNHCR is honoured to
have Tulus as our first UNHCR Islamic FinTech Partner and we look forward to a
long relationship that will significantly benefit vulnerable refugees in
Malaysia.”
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