Shoraka Kenyalang, Kopela launch ‘Bayar Jak’ to boost financial inclusion in Sarawak

AI Summary

Shoraka Kenyalang Sdn Bhd (SKSB) and Koperasi Pelabuhan Bintulu Berhad (Kopela) launched 'Bayar Jak', an Islamic fintech platform providing Earned Wage Access (EWA). This allows Kopela members real-time access to earned wages before payday, promoting financial inclusion and reducing reliance on high-interest loans. Bayar Jak integrates with payroll systems and plans to expand services to include digital invoice financing for SMEs and credit facilities for civil servants, aligning with Sarawak's digital economy goals.