iium endowment fund

IIUM ENDOWMENT FUND

Last edited on 25th August 2020

The IIUM Endowment Fund is as charity division

of the International Islamic University Malaysia.

It was established on 15th March 1999,

endorsed at the 48th meeting of the Majlis of

IIUM, as a division in the International Islamic

University Malaysia.

● To solicit and receive contributions in the form of movable andimmovable properties, cash, shares, negotiable instruments etc. fromMalaysian and Foreign donors for the purpose of education andresearch;

● To provide scholarships, loans and assistance to the needy students ofIIUM;

● To promote and develop academic activities in IIUM, including researchand publications,

● To fulfill specific wishes of a donor in so far as they relate to a particularobjective within the parameters of IIUM; and

● To invest in investment avenues permitted by the Shari'ah

● To provide financial assistance to IIUM staff who qualify for hardshipassistance;

Rector, IIUM - Chairman

Deputy Rector (Student Development & Community Engagement), IIUM

Deputy Rector (Academic & Industrial Linkages), IIUM

Deputy Rector (Responsible Research & Innovation)

Deputy Rector (Internationalisation & Global Network ), IIUM

Executive Director, Finance Division, IIUM

Director Alumni and Global Networking Division, IIUM

President, IIUM Alumni Association

Director, IIUM Endowment Fund - Secretary

Assoc. Prof. Dr. Zulkifli Hasan - Chairman

Deputy Rector (Student Development & Community Engagement), IIUM

Assoc. Prof. Dr. Abdul Bari Awang

Kulliyyah of Islamic Revealed Knowledge and Human Sciences, IIUM

Asst. Prof. Dr. Mustafa Mat Jubri @ Shamsuddin


Asst. Prof. Dr. Amilah Awang Abd. Rahman @ Jusoh


Asst. Prof. Dr. Akhtarzaite Abdul Aziz


Mohd Razif Mamat – Secretary

Director, IIUM Endowment Fund

• The IEF Executive Committee is the highest authority of the IIUM Endowment Fund.

• The IEF Executive Committee has the discretionary authority to approve or revoke any decisions made by the sub-committees or the management of the IEF.

• The IEF Executive Committee Members are responsible for overseeing the activities and performance of IEF.

• The Committee consists of seven (7) members who meet at least once every four (4) months or as the occasion demands.

• All sub-committees under IIUM Endowment Fund are formed with the approval of IEF executive committee.

Director (N52/N54)Mohd. Razif Bin Mamat

Assistant Administrative Officer (N29)Siti Aissah Binti Ahmad

Administration and Corporate Communication Unit

Senior Manager (N44)Hafizah Binti Che Mat

Administrative Assistant (N19)

Vacant

Assist. Admin. Officer (N29)Muhammad Azrul Bin

Abdul Karim

Assist. Admin. Officer (N29)Siti Aissah

Binti Ahmad

Marketing and Business Development Unit

Manager (N41)Mohd. Amir Ariff

Bin Mohd Asri

Assist. Admin. Officer (N29)Muhammad Asyraaf

Bin Yusri

Assistant Accountant (W29)Nur Liyana Binti

Shamsul Baharim

Finance and Investment Unit

Accountant (W41)Mohamad Syaheir

Bin Azizan

Zakat Services and Training Unit

Senior Manager (N44)Vacant

Manager (N41)Muhammad Syabil

Hafizuddin Bin Yazid

Manager (N41)Khirun NisakBinti Usoff

Assist. Admin. Officer (N29)Farah Binti

Mohd Zulkifli

Name IIUM Endowment Fund

Main Activity Fund Raising

Office Address Level 3, Muhammad Abdul-Rauf BuildingInternational Islamic University MalaysiaJalan Gombak53100 Kuala Lumpur

Mailing Address International Islamic University MalaysiaP.O. Box, 50728 Kuala Lumpur

Telephone No. 03-6421 4133 / 5315 /5316 (DL)03-6421 4000 ext. 3211 (GL)

Fax No. 03-6421 4269

Email Address [email protected]

Website www.iium.edu.my/division/ief

Bank Details 1) Bank Muamalat (M) BerhadAccount Name: IIUM Endowment FundAccount No. : 1407-0000006-71-1

2) AmIslamic Bank BerhadAccount Name: IIUM Endowment FundAccount No. : 8881018966688

Fund Raising Products & Services / Year of Establishment

GENERAL DONATION 1999

CORPORATE ZAKAT 1999

RM1 CAMPAIGN 1999

KAFALAH 2001

BARAKAH SCHEME 2005

IIUM PERPETUAL ENDOWMENT PROPERTY FUND 2008

IIUM DISABILITY ENDOWMENT FUND 2013

IIUM WAQF `ILM 2016

ALSAFA PROGRAMME 2016

IIUM WAQF AL-QURAN 2017

BANK ISLAMIC – IIUM CREDIT CARD PROGRAMME 2017

IEF JOMPAY 2017

TABUNG PENYAYANG 2018

The recently launched programme is one of IEF’s initiatives toincrease the size of our fund for needy students and at the sametime to secure continuous financial sustainability. This programmestrictly follows the concept of cash Waqf and all your contributionswill be pooled and invested in the Shariah compliant investmentinstruments. Only the yields from the investment will be used toassist needy students.

The contribution will be INVESTED in Shariah

compliance investment instruments to generate

cash income

Return of

Investment

Financial Assistance

to IIUM CommunityIIUM Ummatic

Scholarship

CONTRIBUTION

Cash

Cheque

Online Payment

Standing Instruction

Monthly Salary Deduction

IIUM Waqf Al ‘Ilm / Knowledge Waqf

IIUM Perpetual Endowment Property Fund

IDENTIFY SUITABLE

DEVELOPMENT PROJECT

DONOR(S) AGREE TO FUND THE PROJECT, BASED ON

PERPETUAL ENDOWMENT

PROPERTY CONCEPT

THE HOSTEL BUILDING

CONSTRUCTED AND NAMED AFTER THE

DONOR'S NAME

THE COMPLETED BUILDING IS

OCCUPIED WITH AGREEABLE / REASONABLE RENTAL RATE

THE RENTAL INCOME WILL

BE CONVERTED INTO A

SCHOLARSHIP PROGRAMME, TO BE NAMED

AFTER THE DONOR'S NAME

IIUM DESERVING

STUDENTS TO ENJOY THE

SCHOLARSHIP

Scholarship Established From IIUM Perpetual Endowment Property Fund

1. AZMAN HASHIM – IIUM UMMATIC SCHOLARSHIP

2. YAYASAN LTAT – IUM UMMATIC SCHOLARSHIP

3. HH SHEIKH HUMAID BIN RASHID AL-NUAIMI – IIUM UMMATIC

SCHOLARSHIP

4. ISTAC SPECIAL ASSISTANTSHIP

Barakah Scheme – Zakat PaymentIEF has been appointed the Sub-Amil for the Lembaga Zakat

Selangor since 2005. This collaboration has allowed IEF to

collect all Zakat from the IIUM community and the public

through both IIUM monthly salary deductions and counter

collections.

The disbursement portion, which is 50% of the Zakat collection

reimbursed to IEF, is distributed to Asnaf among the IIUM

community, with priority given to students.

In addition, IEF also receive Corporate Zakat from

corporate companies and organizations.

KAFALAH (FOSTER PARENTS)

PROGRAMME

The Kafalah programme invites

interested donors to assist deserving

students with their monthly living

expenses during their period of study,

preferably at RM400.00 a month per

student.

All cash donated to IIUM Endowment Fund are tax deductible under Section 44(6) Income Tax Act, (IIUM Reference no. JHDN. 01/35/42/51/179-6.2952).

GENERAL DONATION

Donations solicited from individuals orinstitutions through meetings, mail,events or campaign have enabled IEF tofinancially assist deserving students ofIIUM, mainly to finance the IIUMUmmatic Scholarship.

IEF also encourages donors to drop theircontribution in the donation boxes, whichare circulated during IIUM events andplaced at IIUM office counters as well asat business outlet counters around thecampus.

RM 1 CAMPAIGN

This programme is designed to

motivate the donors to donate a

minimum of RM 1.00 to the fund. At

this moment, it is run through the

IIUM monthly salary deduction

only. All funds are used for IEF

financial aid programmes for needy

students.


1.2812 ACRES OF LAND ENDOWED BY

Y. BHG. PROF. TAN SRI DR. KAMAL

HASSAN

Income generated from monthly rental

by Malaysian Institute of Sustainable

Agriculture (MISA)

INCOME GENERATION THROUGH RENTAL OF CONDOMINIUM UNITS AND A MULTI PURPOSE HALL SPACE

The rental income generated from the 12 units ofPutra Villa Condominum owned by IEF and theDewan Zabedah located at the Level 3 of AzmanHashim Complex has been used for the financial aidof needy students and IIUM Ummatic scholarship.

12 units of Putra Villa Condominium, Tmn Melati Gombak, which were purchased at a cost of RM2.5 million in 2005

Dewan Zabedah,4220 sqft

toCalling for the

International Islamic University Malaysia


In Collaboration with IIUM Alumni Relations Division

Products / Methods

1 Ujrah Concept, NO Compounding Profit

2 Earn One (1) AmBonus Point for Every RM1 Spend

3 Up to 5X AmBonus Points for Overseas Spendingi.e. 5X for World/Infinite, 3X for Visa Signature and 2X for Platinum

4 Complimentary Access to Plaza Premium LoungesMore than 25 lounges locally and worldwide

5 Contactless Capability

eaturesAdvantages


via


TABUNG PENYAYANG

The donor contributes an

amount above the cost price of Al-

Quran

(RM 130/ AlQuran)

Al- QURAN

The physical Al-Quran will be distributed to designated charitable institution eg: maahad

Tahfiz, mosque / musolla.

THE FUND

The profit will be treated as cash waqf under the IIUM Waqf Al-`Ilm (RM 30 / Al Quran)

The example of those who spend their wealth in the way of Allah is like a seed (of grain) which grows seven spikes; in each spike is a hundred grains.

And Allah multiples [His reward] for whom He wills. And Allah isall-Encompassing and Knowing

(Al-Baqarah: 92)

*All cash donated to IIUM Endowment Fund are tax

deductible under Section 44(6) Income Tax Act,

(IIUM Reference no. JHDN. 01/35/42/51/179-6.2932).

IEF TOTAL COLLECTION (RM)

6,963,209.00

7,357,265.00

15,991,595.00

6,968,447.00

11,434,499.00

9,423,063.10

10,628,379.89

9,746,226.18

15,089,328.85

16,112,651.33

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

6,015,967.08

6,129,758.33

6,451,337.13

6,015,627.79

8,506,901.31

8,862,755.43

10,574,455.92

9,246,142.80

11,896,956.80

12,507,433.52

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

DISBURSEMENT OF FINANCIAL AIDS (RM)

NO. OF RECIPIENTS

1,572

2,715

2,437

2,500 3,538

4,246

4,323

1,991

3,074

4,159

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

HIGHLIGHTS OF ACHIEVEMENT IN 2019

IEF COLLECTION 2019RM 16,112,651

General

Donation

1,831,951.25

11%

Cash and

Properties

Investment

Income

1,758,263.91

11%

Corporate Zakat

6,269,821.64

39%

Zakat

5,773,613.53

36%

Waqf

Programme (RM)

479,001.00

3%

IEF COLLECTION (RM)-comparison-

2018

RM15,089,328

2017

RM9,746,2262019

RM16,112,651

COLLECTION OF FUNDS (RM) COMPARISON FOR 2019 & 2018

(By Categories)

1,839,724.49

1,530.00

1,537,058.56

2,042,078.20

6,014,926.10

3,654,011.50

1,831,951.25

1,758,263.91

6,269,821.64

5,773,613.53

479,001.00

General Donation

Other Income

Cash and PropertiesInvestment Income

Corporate Zakat

Zakat

Waqf Programme (RM)

2019

2018

-87%

-4%

207%

-100%

14%

0.01%


20,005.00

0%

Ummatic Scholarship

5,200,302.89

42%

Zakat

6,290,895.93

50%

Research Endowment

323,280.00

3%

Others

672,949.70

5%

DISBURSEMENT OF

FUNDS 2019RM12,507,433

DISBURSEMENT OF FUNDS -comparison-

2018

RM11,896,956

2017

RM9,246,142

2019

RM12,507,433

DISBURSEMENT OF FUNDS (RM) COMPARISON FOR 2019 & 2018

(By Categories)

409,251.50

6,169,058.73

5,318,646.57

-

-

20,005.00

5,200,302.89

6,290,895.93

323,280.00

672,949.70


Ummatic Scholarship

Zakat LZS

Research Endowment

Others

2019 2018

-95%

-16%

100%

100%

18%

iium endowment fund

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