FatwaPenangEndowment (Waqf) & Religious Property
PERMASALAHAN PAJAKAN PREMIS DL ATAS TANAH WAKAF BAGI CADANGAN USAHASAMA PEMBANGUNAN TANAH WAKAF LOT 1444, MUKIM 4, SEBERANG JAYA, SEBERANG PERAI TENGAH, PULAU PINANG.
Can waqf land at Lot 1444, Seberang Jaya be developed through a joint venture and leased to a developer?
Short answer
The Penang State Fatwa Committee agreed that Lot 1444, Mukim 4, Central Seberang Perai may be developed through a joint venture between MAINPP and UDA Land (North) Sdn. Bhd. In return, UDA Land will hand over 7 three-storey shop offices worth RM10.88 million to MAINPP.
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 agreed that Lot 1444, Mukim 4, Central Seberang Perai may be developed through a joint venture between MAINPP and UDA Land (North) Sdn. Bhd. In return, UDA Land will hand over 7 three-storey shop offices worth RM10.88 million to MAINPP. The land remains owned by MAINPP as trustee, Form 15A is used in the rental or lease process, and the lease method follows what is outlined in the committee's meeting minutes.
Written in our own words from the original fatwa — check the source before acting on it.
Tanah Wakaf Lot 1444 ini tetap menjadi milik MAINPP sebagai pemegang amanah.
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. “PERMASALAHAN PAJAKAN PREMIS DL ATAS TANAH WAKAF BAGI CADANGAN USAHASAMA PEMBANGUNAN TANAH WAKAF LOT 1444, MUKIM 4, SEBERANG JAYA, SEBERANG PERAI TENGAH, PULAU PINANG.”, 30 November 2006. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=613. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/joint-venture-development-waqf-land-seberang-jaya/