Malaysian Prime Minister Encourages Periodic Waqf Through Government Worker Salaries

During a speech to launch Ramadan as the National Waqf Month on the 13th of April 2021, Prime Minister of Malaysia, Tan Sri Muhyiddin Yassin, spoke of formulating an initiative at the federal level in order to encourage government workers to make waqf (endowment) contributions, particularly periodic ones, via deductions from their salaries. He said this was amongst the four key points that were outlined to make sure that Waqf becomes a significant element in helping the economy of Malaysia.

Why this Matters?

The federal government through the Waqf, Zakat and Haj Department (Jawhar) and Yayasan Waqf Malaysia (YWM) is committed to working with state religious councils in order for Waqf to play an active and effective role in advancing the socioeconomic...