IIUM denies facing financial incapacity, instability

BernamaPublished: Jul 6, 2024 9:44 AM

International Islamic University of Malaysia (IIUM) denies claims of financial incapacity to repay its debts or instability in its financial standing.

In a statement today, IIUM refuted recent media reports as inaccurate and misleading, emphasising that, as a public university, it is prohibited from borrowing from financial institutions for operational expenses.

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