A contribution that will support three beneficiaries for generations.
Wakaf Masyarakat Singapura (WMS) is a multi-asset community endowment fund where a single contribution will dynamically support three groups of beneficiaries.
Our 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.
These beneficiaries include:
Mosques
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
Madrasahs
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
Community
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
How is WMS different from MBMF?
