Established as a national awqaf entity by
Jabatan Wakaf, Zakat dan Haji (JAWHAR)
under the Prime Minister’s Department
Incorporated on 23 July 2008
Main Stakeholders comprise of Majlis
Agama Islam Negeri (MAINs) or State
Islamic Religious Councils
Cont.
19-member Board of
Trustees
Chairman
Deputy
Chairman
Others
YB Major-General
(R) Dato’ Seri Jamil
Khir Baharom,
Minister in the Prime
Minister’s
Department
Director-General
of JAWHAR
from MAINs,
EPU, MoF and
3 appointees
2 principal purposes
Facilitate consolidation and mobilization of awqaf
resources
Collaborate with MAINs to develop awqaf assets
and ensure continuous benefits accrue to the
beneficiaries, benefactors and society in general.
Raise / Collect waqf fund
Develop awqaf assets
Syariah compliant investments
Undertake social welfare programs
to benefit society
Promote development / expansion
of awqaf institution
RELIGIOUS
MATTERS
SULTAN
Delegates Power
Majlis Agama Islam
Negeri
Ninth Schedule,
List II, Federal
Constitution
CURRENT ISSUES
DEVELOPMENT ISSUES
a. Waqaf land is estimated
at 11,091.62 hectares (RM1.9
b)
a. Legal framework
b. Mostly underdeveloped /
not optimized
c. Poor awareness on waqaf
potential lead to poor
participation among
individual and institutions.
c. Highly potential to enhance
economic standing of the
Bumiputera / Muslim
d. It’s potential must be
unlocked through dynamic
development
b. Limited development fund
d. Short of development
experts among
administrators
e. Waqaf land issues
(size, caveat etc)
“In the Plan period, the institutional investment
approach will be expanded beyond corporate
equity, to include other categories of wealth
such as property... Initiatives will also be
undertaken to strengthen the investment
capability of institutions such as Baitulmal and
to increase the value of their assets including
land development for commercial purposes.
The gains from such ventures will benefit the
broader Bumiputera community by creating
employment
and
entrepreneurship
opportunities.
More concerted efforts will be undertaken to
unlock value from Bumiputera assets such
as land.”
m/s 171-172
Cont.
“Increasing wealth ownership beyond corporate equity to
include other properties and business assets such as retail
space landed properties, commercial buildings, intellectual
properties and other services through pooling of funds and
institutional investment.”
m/s 166
“Bumiputera ownership of commercial buildings and
premises has grown at a relatively slow pace from 11.7% in
2005 to 14.0% in 2008.”
m/s 166
2010 POPULATION AND HOUSING
CENSUS
Total population 28.3 million, 91.8%
(25.9 million) Malaysian citizens
 67.4% (19 million) Bumiputera

61.3% (17.3 million) Muslims
 67.3% (19 million) working
population

4,435
RM
4,500
3,456
4,000
3,500
2,712
3,000
2,500
2,000
1,500
1,000
500
-
Melayu
Cina
India
Bumiputera
Cina
India
Lain-lain
67.4%
Sumber: Banci 2010
19.8%
61.3%
Islam
Buddha
Kristian
Hindu
Lain-lain
Sumber: Banci 2010
Bumiputera
40.6%
40.5%
18.9%
Bukan
Bumiputera
Asing
Bumiputera
75.7%
Bukan
Bumiputera
Asing
20.3%
Melayu
88.7%
Bukan Melayu
Asing
11.3%
Melayu
73.0%
Bukan
Melayu
Asing
13.0%
14.0%
Melayu
70.4%
Bukan
Melayu
9.6%
20.0%
Asing
Melayu
26.7%
Bukan Melayu
Asing
73.3%
Melayu
23.2%
Bukan Melayu
Asing
76.0%
 Bumiputeras are majority of the
population (67.4%)
 Overwhelming
majority
Bumiputeras are Muslims
of
 Low household income group
 Unrivalled in poverty group
 Conclusion: Large in numbers but
Weak economically, Muslims must
move as a group or collective
Government
Initiatives
WAQAF
DEVELOPMENT
MODEL
Financial
Products
GLC
AGENCY
JAWHAR
PROGRAM
PROJECTS
TOTAL
FUNDING
RMKe-9
16 Physical Projects
4 Non Physical
Projects
RM256.5m
Budget 2010
65 Bazar Wakaf
Rakyat
5 Wakaf Mart
RM20m
Budget 2012
Economic Projects
RM40m
Similar function with
Permodalan Nasional
Berhad but limited to
Muslims Assets
Economic Projects
YWM
Proposal to
Establish
“Permodalan Mal
Berhad”
Tabung
Haji
Strategic
partnership
between
Tabung Haji,
MAIWP and
Bank Islam
(Menara
Wakaf in Jalan
Perak KL with
development
cost of
RM151m)
UDA
Strategic
Partnership
between UDA
and MAINPP
JCorp
Strategic
Partnership
with MAIJ and
other MAINs
Cash
Waqaf
Corporate
Waqaf
Wasiat
FINANCIAL
PRODUCTS
REIT
Sukuk
BANGUNAN
ASRAMA ANAK
YATIM DARUL AITAM WAL
MASAKIN SULTANAH HAMINAH
BINTI HAMIDUN, ALOR SETAR,
KEDAH (RM2.2m)
BANGUNAN KOMPLEKS
PENDIDIKAN MAAHAD ALMASHOOR, BALIK PULAU, PULAU
PINANG (RM41m)
BANGUNAN RUANG NIAGA,
TAMBUN, PERAK (RM1.7m)
BANGUNAN
ASRAMA
ANAK YATIM, MACHANG,
KELANTAN (RM2m)
BANGUNAN PUSAT
HEMODIALISIS, BATU PAHAT,
JOHOR (RM8.5m)
BANGUNAN PUSAT
PERLINDUNGAN WANITA,
JOHOR BAHRU, JOHOR (RM10m)
BANGUNAN PUSAT
SAUDARA BARU,
SEREMBAN, NEGERI
SEMBILAN (JAWHAR
RM4.5m, MAINS RM2.5m)_
BANGUNAN RUMAH KEDAI,
MUKIM UTAN AJI, PERLIS
(RM4.5m)
HOTEL PANTAI PUTERI MELAKA, TANJUNG KLING, MELAKA
(RM25m)
HOTEL SERI WARISAN TAIPING, PERAK (RM18m)
HOTEL WAKAF DAN BAITUL HILAL, TELUK KEMANG,
PORT DICKSON, NEGERI SEMBILAN (JAWHAR RM18m, MAINS
RM14m)
Bazar Wakaf Rakyat di Masjid
At-Taqwa, Bertam, Kepala
Batas, Pulau Pinang
Bazar Wakaf Rakyat di
Masjid Daerah Taiping,
Bandar Taiping, Perak
Wakaf Mart di Masjid
Panchor Jaya, Seremban,
Negeri Sembilan
Bazar Wakaf Rakyat di Masjid
Jamek Daerah Hulu Langat,
Kajang, Selangor
Bazar Wakaf Rakyat di
Masjid Sungai Adam,
Jejawi, Perlis
Kios Cenderahati di Masjid
Putra, Putrajaya
Wakaf Mart di Masjid Panchor Jaya, Seremban,
Negeri Sembilan
~ Managed by Koperasi
Masjid
~ Similar business concept as
Kedai Rakyat 1Malaysia
~ 1Malaysia ​products
~ Access at the mosque gate
& is targeted for all Malaysians
THANK YOU
YAYASAN WAQAF MALAYSIA
NO.13, JALAN DIPLOMATIK 2/2
PRESINT DIPLOMATIK PUTRAJAYA
PRESINT 15
62050 PUTRAJAYA