Duʿāʾ Mālik al-Mulk is a powerful supplication for provision, honor, and relief. It reminds us that Allah ﷻ alone gives and takes, enriches and withholds, and provides without measure. Recite it with faith for ease, debt relief, and trust in Allah’s decree.
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South Korea’s non-life insurers have finalized their contribution criteria for the New Leap Fund, a bad bank supporting debt relief for vulnerable borrowers, following similar moves by life insurers and other financial sectors.

Shinhan Bank will write off 2.7 billion won in special loans to help low-income and vulnerable groups regain access to financial services, supporting 3,395 individuals excluded from previous relief programs.

The Sae Do Yak Fund, South Korea’s “bad bank” for distressed loans, is progressing with major contributions from banks, while the insurance sector remains stalled due to internal disagreements over funding allocation.