Takaful IKHLAS Completes Business Zakat Payments to PPZ-MAIWP for FY 2021

Malaysia-based Takaful Ikhlas Family and Takaful Ikhlas General (Takaful IKHLAS), which are wholly-owned subsidiaries of MNRB Holdings, have submitted business Zakat payments for the financial year ended 31st of March 2021 (FY 2021) amounting to MYR 446,835.00 (USD 105,659.80). The Zakat payments were made out to the Zakat Collection Center of the Federal Territory Islamic Religious Council (PPZ-MAIWP) in Kuala Lumpur recently, according to a statement issued by Takaful IKHLAS on the 4th of December 2021.

Why it Matters?

According to Encik Zaharudin Daud, President and Chief Executive Officer of MNRB Group, Zakat helps instill mutual help between corporate companies and the community, similar to the Takaful system, which is based on cooperation and re...