|Wakaf Masyarakat Singapore (WMS)Wakaf Masyarakat Singapore (WMS)
Wakaf Masyarakat Singapura
Wakaf Masyarakat Singapura (WMS) is a multi-asset community endowment fund where a single contribution will dynamically support three groups of beneficiaries as and when the need arises.
WMS will generate returns to benefit:
Mosques & Madrasahs
Supporting mosques & madrasahs, including supplementing costs of land lease renewals
Asatizah Development
Strengthening and developing Asatizah sector including training & upskilling programmes
Community Support
Supporting socio-religious programmes aimed at uplifting the Muslim community
WMS Beneficiaries
Contributions to Wakaf Masyarakat Singapura (WMS) will be pooled and invested. The proceeds from these investments will then be distributed to identified beneficiaries when the need arises.
By indicating a mosque as your Wakaf beneficiary, you help to:
Promote the mosque’s longevity by footing expenses incurred in the enhancement and enlargement of the mosque building and premises, among others
Sustain the administration and management of the mosque
Preserve the observance of Islamic rites and ceremonies
With madrasahs as a Wakaf beneficiary, the income generated help to:
Perpetuate Islamic education by sponsoring the education of our future religious leaders
Sustain madrasahs through funding their maintenance and upkeep so that students can enjoy a conducive and comfortable learning environment
Bolster the financial resilience of madrasahs by providing a sustainable source of income to pay for their key educational programmes and operations
Wakafs can provide financial assistance to Muslim organisations and community help groups running programmes to assist the poor, needy, and the vulnerable This may be through financing of burial costs, provision of necessities, or medical services Traditional wakaf may also benefit relatives of the wakifs throughout generations with a portion of the income
Promote the mosque’s longevity by footing expenses incurred in the enhancement and enlargement of the mosque building and premises, among others
Sustain the administration and management of the mosque
Preserve the observance of Islamic rites and ceremonies
Why do we need WMS and how is it different from other funds
Existing community funds are currently stretched to meet the immediate needs of running our institutions. Mosque Building and Mendaki Fund (MBMF) and mosque donation box contributions are projected over time to decline as our population ages.
Wakaf generates long-term returns, complementing existing community funds such as MBMF and mosque donation boxes.
Ways to Contribute to WMS
Here is how you can start your journey of sadaqah jariyah today.
Start Your Wakaf Journey
Your contribution is in trusted hands with Wakaf Masyarakat Singapura.