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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Affin Islamic sets aside RM1.1 mln Zakat for education

Posted on 23 September 2011

Affin Islamic Bank Bhd has set aside RM1.1 million out of its RM5 million zakat for the education sector and the rest to be channelled to the deserving groups.
Its chief executive officer, Kamarul Ariffin Md Jamil, said RM311,000 was for education purposes and the balance of RM700,000 would be distributed to various institutions of higher learning nationwide, including RM65,000 for education and sponsorship of an Islamic forum……………………………………….Full Article: Source

 
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