MALAYSIA: RHB Islamic Bank has contributed RM500,000 (US$109,170) to Tabung Baitulmal Sarawak through the Dana Wakaf Al-Bait Waqf program to equip two buildings built on Waqf land with emergency exits as well as provide transportation for the students of an Islamic school, a statement confirmed. Tabung Baitulmal Sarawak is the sole trustee of the buildings.
The Waqf-based fund program is under the Association of Islamic Banking and Financial Institutions Malaysia’s myWakaf initiative.