FatwaSelangorEndowment (Waqf) & Religious Property
Hukum Mengambil Sebanyak Lima Belas Peratus (15%) Keuntungan Pelaburan Wakaf Khas Untuk Tujuan Pengurusan Dan Pentadbiran Perbadanan Wakaf Selangor (PWS)
May the Selangor Waqf Corporation take 15% of the profits from special waqf investments for its management and administration?
Short answer
The Selangor Waqf Corporation (PWS) is permitted to take 15% of the profits from special waqf investments.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Status
- Gazetted
- Series
- Keputusan Fatwa Diwartakan
- Topic
- Endowment (Waqf) & Religious Property
Gazette evidence in the source: Sel. P.U. 49
Summary
The Selangor Waqf Corporation (PWS) is permitted to take 15% of the profits from special waqf investments. The amount is for the management and administration of the corporation. It is treated as a fee for the waqf trustee (Ujroh Li Nazir Al-Wakfi). The fatwa was gazetted under section 47 of the Administration of the Religion of Islam (State of Selangor) Enactment 2003.
Written in our own words from the original fatwa — check the source before acting on it.
Perbadanan Wakaf Selangor (PWS) diharuskan mengambil keuntungan pelaburan wakaf khas sebanyak lima belas peratus (15%) bagi tujuan pengurusan dan pentadbiran PWS iaitu sebagai upah (Ujroh Li Nazir Al-Wakfi).
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “Hukum Mengambil Sebanyak Lima Belas Peratus (15%) Keuntungan Pelaburan Wakaf Khas Untuk Tujuan Pengurusan Dan Pentadbiran Perbadanan Wakaf Selangor (PWS)”, date not stated. https://www.muftiselangor.gov.my/2023/10/28/hukum-mengambil-sebanyak-lima-belas-peratus-15-keuntungan-pelaburan-wakaf-khas-untuk-tujuan-pengurusan-dan-pentadbiran-perbadanan-wakaf-selangor-pws/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/selangor-waqf-corporation-fifteen-percent-profit-ruling/