By NNN-IRNA,
Kuala Lumpur : The first Iranian interest free fund has begun operations here.
Managing director of the fund Mohammad-Hossein Sadeqian-Pour said that the fund aims to support Iranian students and families who are residing in Malaysia.
He noted that the fund is authorised to offer urgent, normal and trade loans to Iranians who meet the qualifications.
“Currently, over 20,000 Iranians are residing in Malaysia, of whom 20 per cent are students,” he added.
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