Bursa Malaysia Disburses Zakat Wakalah Grants to Six Charities

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) awarded six charities a total of RM250,125 arising from the Zakat Wakalah returned by the Pusat Pungutan Zakat (“PPZ”). These charities were selected based on the Zakat Wakalah Distribution Guideline where applicants must meet the criteria set by PPZ, as well as the eight conditions set to be declared as “Asnaf”. A total of six charities were selected, out of twenty applicants who applied for the disbursement, which will use the fund for activities benefiting the unfortunate.

For more details, please see the attached the media statement.