TERAJU Awards microLEAP the Largest Portion of RM100 Million Fund to Boost Bumiputera Economy through the Islamic-Working Capital Project Financing Programme (i-WCPF)

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In a landmark announcement, the Unit Peneraju Agenda Bumiputera (TERAJU) has allocated a RM100 million fund across Malaysia’s top peer-to-peer (P2P) financing platforms, with the largest share awarded to microLEAP. This significant allocation, as part of the Islamic-Working Capital Project Financing Programme (i-WCPF), underscores TERAJU’s confidence in microLEAP’s essential role in advancing the Bumiputera economic landscape.

Securing the largest share is not only an honour but also the realisation of a vision set in motion two years ago by microLEAP’s Founder and CEO, Tunku Danny Nasaifuddin Mudzaffar. “This funding marks a pivotal moment for us, as it allows us to truly deliver tangible impact to the Bumiputera community. Our longstanding relationship with TERAJU has been instrumental in bringing this initiative to fruition, and together, we’re dedicated to empowering Bumiputera entrepreneurs with the resources they need to increase their participation in the local economy,” said Tunku Danny.

The i-WCPF programme, tailored specifically for Bumiputera enterprises, provides innovative Islamic financing solutions, including pre-invoice and post-invoice financing based on the Shariah principle of Commodity Murabahah via Tawarruq. These funds, targeted at high-growth sectors such as, but not limited to, Renewable Energy, Technology & Digital, Electrical & Electronics, Agriculture & Agro-Based, and Rare Earth Industries, enable businesses to achieve sustainable growth with competitive profit rates, reducing reliance on conventional financing.

While microLEAP received the largest allocation, the platform recognises the importance of collective growth within the P2P financing landscape. “We’re truly honoured to be leading this effort, but we’re equally glad to see other platforms joining the cause. It’s about lifting up the entire community, and we’re confident that this collaborative approach will yield benefits for Bumiputera businesses and the broader economy,” Tunku Danny added.

With established offices within as well as outside the Klang Valley — serving Sabah, Sarawak, Johor, Penang, and Perak — microLEAP is uniquely positioned to provide accessible financing services nationwide. Alongside a fully digital onboarding process, this presence ensures that Bumiputera entrepreneurs across Malaysia, particularly in underserved regions, have direct access to the financing and support they need. This extensive reach is integral to achieving the i-WCPF’s goals of supporting Bumiputera businesses across the nation.

TERAJU CEO Junady Nawawi expressed that the investment aligns with Malaysia’s Shared Prosperity Vision 2021-2030, reaffirming TERAJU’s commitment to serving the Bumiputera community. “This financing is a testament to TERAJU’s dedication to enabling economic growth and inclusivity. Through partnerships like this, we’re focused on delivering not just financial support but on cultivating a robust ecosystem where Bumiputera entrepreneurs can thrive and contribute meaningfully to Malaysia’s prosperity,” he noted.

With financing of up to RM1,000,000 available per transaction, 12-month terms, and competitive profit rates, microLEAP’s offerings under the i-WCPF are poised to transform access to financing for Bumiputera enterprises. By fostering economic growth and inclusivity, microLEAP and TERAJU are setting a strong foundation for Bumiputera businesses and paving the way for sustainable prosperity across Malaysia.

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