FatwaPenangEndowment (Waqf) & Religious Property
CADANGAN PENYATUAN AKAUN-AKAUN MAJLIS AGAMA ISLAM NEGERI PULAU PINANG DI BAWAH SATU AKAUN BANK.
Can the accounts of the Penang Islamic Religious Council be consolidated into a single bank account?
Short answer
The Penang State Fatwa Committee decided that the MAINPP accounts cannot be consolidated into one bank account for now, because it is difficult to identify the profit of each fund.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Penang State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Negeri Pulau Pinang (e-Fatwa)
- Topic
- Endowment (Waqf) & Religious Property
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Penang State Fatwa Committee decided that the MAINPP accounts cannot be consolidated into one bank account for now, because it is difficult to identify the profit of each fund. The matter may be reconsidered if the problem can be resolved. The meeting proposed merging the Administration fund with the General Resources fund, reducing the accounts from four to three: Zakat and Fitrah, Waqf, and Administration and General Resources.
Written in our own words from the original fatwa — check the source before acting on it.
akaun-akaun MAINPP tidak dapat disatukan di bawah satu akaun bank buat masa ini disebabkan kerumitan yang timbul dalam mengenalpasti keuntungan setiap satu kumpulan wang.
Read the full fatwa on the Penang website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Penang State Mufti Department. “CADANGAN PENYATUAN AKAUN-AKAUN MAJLIS AGAMA ISLAM NEGERI PULAU PINANG DI BAWAH SATU AKAUN BANK.”, 7 November 2008. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=676. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/consolidate-penang-islamic-council-accounts-single-bank/