RHB Mudharabah Fund investors bring relief to kidney patients
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Chairman of RHB Unit Trust, Tan Sri Dato' Haji Hanafiah Haji Ahmad presenting the Peritoneal Dialysis Machine to the Director of Hospital Kuala Lumpur, Dato' Dr Zainiah Md Zin |
Kuala Lumpur, 31 May 2007: Relief is written all over the faces of the parents whose children have been warded at the Paediatric Institute of the Kuala Lumpur Hospital (HKL) for kidney problems. The children now have an additional Peritoneal Dialysis (PD) machine to meet their ever growing need for treatment.
The new PD machine, worth RM38,000, is courtesy of investors of the RHB Mudharabah Fund, a Shariah compliant unit trust fund managed by RHB Unit Trust Management Bhd (“RHB Unit Trust”).
Chairman of RHB Unit Trust Tan Sri Dato’ Haji Hanafiah Haji Ahmad presented the new PD machine to the Director of HKL Dato’ Dr Zaininah Md Zin at the hospital here today.
Tan Sri Haji Hanafiah said this was part of the annual community service effort by investors of the RHB Mudharabah Fund.
Every year, profits from investments made by the fund are cleansed to remove proceeds that had been made from investments that may be deemed not Shariah compliant. These proceeds are then donated to charitable causes.
To date, about RM3 million of such proceeds has already been donated to various causes.
The new PD machine will enable the children to undergo treatment round the clock. The treatment can be administered even while the patient is asleep.
According to Dr Lim Yam Ngo of the Paediatric Institute, more than 100 children now seek treatment for kidney problems at the hospital. “However, we only had one PD machine and it was quite difficult to ensure that every child received the required treatment,” she said.
To ease the hospital’s burden in ensuring that the children received the proper treatment, RHB Unit Trust proposed that cleansed proceeds from the Mudharabah Fund be used to purchase a new PD machine for the hospital.
At the presentation ceremony today, Dato’ Dr Zaininah also distributed goodie bags to the children.
RHB Mudharabah Fund
The RHB Mudharabah Fund is one of four Islamic funds in the RHB Unit Trust stable of funds. It was launched on 9 May 1996 and is suitable for investors who not only want their investments to comply with Shariah principles, but are also invested in professionally managed portfolios or equities and Islamic Debt Securities as well as a balanced portfolio providing both income and capital growth.
RHB Unit Trust Management Bhd
Apart from the four Islamic Funds, RHB Unit Trust also manages 17 funds, including equity funds, growth funds and balanced funds. As at 30 April 2007, RHB Unit Trust has a total of RM1.4 billion under its management.
It is one of the few unit trust companies that have been upgraded from ISO9002: 1994 to ISO9001: 2000 in the year 2003. The certification from SIRIM is in recognition of RHB Unit Trust’s commitment towards continued improvement of the quality of its service to investors.
For more information on RHB Unit Trust and RHB Mudharabah Fund, please log on to www.rhb-unittrust.com.my or call Toll Free 1 800 88 3656.
Issued on behalf of RHB Unit Trust Management Bhd by Group Corporate Communications, RHB Capital Bhd. For more information, please call Yeoh Guan Jin at 03-92802536 or 012-3835027 or Akmal Baqi Mohamed Ariff at 03-92802776 or 012-6658704.
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