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IIUM ENDOWMENT FUND IEF 1
IIUM ENDOWMENT FUND  IEF   1
1 Overview of IEF page 3 2 IEF Fund Raising Products Profile page 4 9 3 Highlights of Achievement in 2016 page 10 16 4 Prominent Scholarship Programmes by IEF page 17 5 Highlights of Events in 2016 page 18 25 6 Appreciation page 26 7 The Way Forward page 27 33 8 Projection of Income in 2017 page 34 2
1.  Overview of IEF        ..page 3  2.  IEF Fund Raising Products Profile        ..page 4     9  3.  Highlights of Achiev...
Inspired by the establishment of Al Azhar University Waqf and the endowment funds of a few eminent universities in the UK and USA the International Islamic University Malaysia IIUM has made the initiative to establish this Division i e IIUM Endowment Fund IEF The IIUM Majlis endorsed the establishment in its 48th meeting which was held on 15th March 1999 Through the various fund raising initiatives which attracted local as well as international philanthropists IEF is now known as part of the University s vital components to support the financial sustainability of the University The sources of funds rely not only on the cash contributions received but also on real estate management and investment as well as the recently launched IIUM Knowledge Waqf programme The target recipients of this fund are those financially incapable students with excellent academic performance who enjoy scholarship awards settlement of tuition fees a monthly stipend allowance and one off financial assistance during their studies in IIUM 3
Inspired by the establishment of Al Azhar University Waqf and the endowment funds of a few eminent universities in the UK ...
IIUM Knowledge Waqf The recently launched programme is one of IEF s initiatives to increase the size of our fund for needy students and at the same time to secure continuous financial sustainability This programme strictly follows the concept of cash Waqf and all your contributions will be pooled and invested in the Shariah compliant investment instruments Only the yields from the investment will be used to assist needy students CONTRIBUTION Cash Cheque Online Payment Standing Instruction Monthly Salary Deduction The contribution will be INVESTED in Shariah compliance investment instruments to generate cash income Return of Investment Financial Assistance to IIUM Community IIUM Ummatic Scholarship 4
IIUM Knowledge Waqf The recently launched programme is one of IEF   s initiatives to increase the size of our fund for nee...
MAHALLAH HH SHEIKH HUMAID AL NUAIMI MAHALLAH LTAT IIUM Perpetual Endowment Property Fund IEF through the IIUM Perpetual Endowment Property Fund programme has managed to build 3 buildings i e Azman Hashim Complex Mahallah HH Sheikh Humaid bin Rashid Al Nuaimi and Mahallah LTAT which all of which were built at a cost of RM8 4 million RM4 5 million and RM5 5 million respectively AZMAN HASHIM COMPLEX The rental income generated from these buildings has benefitted needy IIUM students through the Azman Hashim IIUM Ummatic Scholarship HH Sheikh Humiad bin Rashid Al Nuaimi IIUM Ummatic Scholarship and Yayasan LTAT IIUM Ummatic Scholarship IDENTIFY SUITABLE DEVELOPMENT PROJECT DONOR S AGREE TO FUND THE PROJECT BASED ON PERPETUAL ENDOWMENT PROPERTY CONCEPT THE HOSTEL BUILDING CONSTRUCTED AND NAMED AFTER THE DONOR S NAME THE COMPLETED BUILDING IS OCCUPIED WITH AGREEABLE REASONABLE RENTAL RATE THE RENTAL INCOME WILL BE CONVERTED INTO A SCHOLARSHIP PROGRAMME TO BE NAMED AFTER THE DONOR S NAME IIUM DESERVING STUDENTS TO ENJOY THE SCHOLARSHIP 5
MAHALLAH HH SHEIKH HUMAID AL NUAIMI  MAHALLAH LTAT  IIUM Perpetual Endowment Property Fund IEF, through the IIUM Perpetual...
Barakah Scheme Zakat Payment IEF has been appointed the Sub Amil for the Lembaga Zakat Selangor since 2005 This collaboration has allowed IEF to collect all Zakat from the IIUM community and the public through both IIUM monthly salary deductions and counter collections The disbursement portion which is 50 of the Zakat collection reimbursed to IEF is distributed to Asnaf among the IIUM community with priority given to students 6
Barakah Scheme     Zakat Payment IEF has been appointed the Sub-Amil for the Lembaga Zakat Selangor since 2005. This colla...
KAFALAH FOSTER PROGRAMME PARENTS The Kafalah programme invites interested donors to assist deserving students with their monthly living expenses during their period of study preferably at RM400 00 a month per student RM1 CAMPAIGN This programme is designed to motivate the donors to donate a minimum of RM1 00 to the fund At this moment it is run through the IIUM monthly salary deduction only All funds are used for IEF financial aid programmes for needy students 7
KAFALAH  FOSTER PROGRAMME  PARENTS   The Kafalah programme invites interested donors to assist deserving students with the...
GENERAL DONATION Donations solicited from individuals or institutions through meetings mail events or campaign have enabled IEF to financially assist deserving students of IIUM mainly to finance the IIUM Ummatic Scholarship IEF also encourages donors to drop their contribution in the donation boxes which are circulated during IIUM events and placed at IIUM office counters as well as at business outlet counters around the campus 8
GENERAL DONATION Donations solicited from individuals or institutions through meetings, mail, events or campaign have enab...
INCOME GENERATION THROUGH RENTAL OF CONDOMINIUM UNITS AND A MULTI PURPOSE HALL SPACE The rental income generated from the 12 units of Putra Villa Condominum owned by IEF and the Dewan Zabedah located at the Level 3 of Azman Hashim Complex has been used for the financial aid of needy students and IIUM Ummatic scholarship 12 units of Putra Villa Condominium Tmn Melati Gombak which were purchased at a cost of RM2 5 million in 2005 Dewan Zabedah 4220 sqft For reservations please call En Mohd Khairul Mohd Zain 03 6196 5313 khairulzain iium edu my 9
INCOME GENERATION THROUGH RENTAL OF CONDOMINIUM UNITS AND A MULTI PURPOSE HALL SPACE The rental income generated from the ...
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IEF COLLECTION 2016 RM10 628 379 89 Corporate Zakat RM 1 160 079 69 11 Waqf Knowledge RM 509 951 00 5 LZS Zakat RM 4 924 999 18 46 Cash and Properties Investment Income RM 2 104 967 21 20 Kafalah RM 58 061 00 0 RM1 Campaign RM 97 376 00 1 General Donation RM 1 765 570 78 17 Business Activities Other Income RM 7 375 03 0 11
IEF COLLECTION 2016 RM10,628,379.89  Corporate Zakat  RM  1,160,079.69 11  Waqf Knowledge  RM  509,951.00 5   LZS Zakat  R...
IEF COLLECTION COMPARISON FOR 2015 2016 increased by 13 RM10 628 379 89 RM9 423 063 10 2015 2016 12
IEF COLLECTION  COMPARISON FOR 2015   2016  increased by 13   RM10,628,379.89 RM9,423,063.10  2015  2016  12
IEF COLLECTION LZS Zakat 100 Collection RM COMPARISON FOR 2015 2016 By Categories 4 924 999 10 4 986 963 10 1 160 079 69 50 773 921 00 Corporate Zakat RM Waqf Knowledge RM 509 951 00 100 Cash and Properties Investment Income RM Business Activities Other Income RM Kafalah RM RM1 Campaign RM General Donation RM 1 2 104 967 21 31 1 608 328 00 7 375 03 10 982 00 33 58 061 00 49 553 00 17 97 376 00 4 101 914 00 1 765 570 78 1 891 402 00 7 2016 2015 13
IEF COLLECTION  LZS Zakat  100  Collection   RM   COMPARISON FOR 2015   2016  By Categories  4,924,999.10 4,986,963.10 1,1...
DISBURSEMENT OF FUNDS IN 2016 RM10 547 455 92 Zakat LZS 4 730 570 23 45 Corporate Zakat 1 240 134 45 12 Financial Assistance 1 434 489 96 13 Ummatic Scholarship 3 142 261 28 30 14
DISBURSEMENT OF FUNDS IN 2016 RM10,547,455.92 Zakat  LZS  4,730,570.23 45   Corporate Zakat 1,240,134.45 12   Financial As...
DISBURSEMENT OF FUNDS COMPARISON FOR 2015 2016 increased by 19 RM10 547 455 92 RM8 862 755 43 2015 2016 15
DISBURSEMENT OF FUNDS COMPARISON FOR 2015   2016  increased by 19   RM10,547,455.92 RM8,862,755.43  2015  2016  15
DISBURSEMENT OF FUNDS COMPARISON FOR 2015 2016 By Categories Financial Assistance Ummatic Scholarship 1 434 489 96 16 1 717 584 09 3 142 261 28 99 1 575 568 25 4 730 570 23 2 4 851 816 50 Zakat LZS Corporate Zakat 2016 2015 1 240 134 45 73 717 786 59 16
DISBURSEMENT OF FUNDS COMPARISON FOR 2015   2016  By Categories   Financial Assistance Ummatic Scholarship  1,434,489.96  ...
PROMINENT SCHOLARSHIP PROGRAMMES BY IEF IN 2016 442 students IIUM POST GRADUATE IIUM UMMATIC SCHOLARSHIP IIUM UMMATIC SCHOLARSHIP 212 students ISF IIUM UMMATIC SCHOLARSHIP 86 students 55 students AZMAN HASHIM IIUM UMMATIC SCHOLARSHIP 30 students YAYASAN LTAT IIUM UMMATIC SCHOLARSHIP 8 students IQRAA HUMAN RELATIONS IIUM UMMATIC SCHOLARSHIP 46 students HH SHEIKH HUMAID BIN RASHID AL NUAIMI IIUM UMMATIC SCHOLARSHIP 5 students 17
PROMINENT SCHOLARSHIP PROGRAMMES BY IEF IN 2016  442 students   IIUM POST GRADUATE     IIUM UMMATIC SCHOLARSHIP  IIUM UMMA...
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The Launching of IIUM Knowledge Waqf 28th October 2016 Friday Sultan Haji Ahmad Shah Mosque IIUM Gombak Campus Prof Dato Sri Dr Zaleha Bt Kamarudin the Rector of IIUM has launched the IIUM Knowledge Waqf The target of the programme is to establish a RM1 bilion Trust Fund A total of 145 staff of IIUM participated in the programme during the launching ceremony Category Description Confirmed amount Contribution until further notice retirement No of Staff 97 Amount 48 RM1 834 00 per month CONTRIBUTION Cash Cheque Online Payment Standing Instruction Monthly Salary Deduction The contribution will be INVESTED in Shariah compliant investment instruments to generate perpetual cash income Return of Investment Financial Assistance IIUM Ummatic Scholarship RM175 907 00 19
The Launching of IIUM Knowledge Waqf 28th October 2016   Friday   Sultan Haji Ahmad, Shah Mosque, IIUM Gombak Campus  Prof...
eTiQa Takaful Berhad Corporate Zakat Award Giving Ceremony 18 October 2016 Dewan Zabedah Azman Hashim Complex IIUM Gombak Campus 20th October 2016 IIUM Kuantan Campus IIUM Endowment Fund has arranged two sessions for the programme i e one 1 session at IIUM Gombak Campus and one 1 session at IIUM Kuantan Campus The financial assistance was handed over by Ust Mohamed Hadi Abdul Hamid for both sessions to some representatives during the event A total of 152 recipients comprised of 97 students from Gombak Campus and 55 students from Kuantan Campus benefitted from the contribution made by Etiqa Takaful Berhad These recipients will be receiving RM300 per month for food allowances from September 2016 until April 2017 The total contribution from Etiqa Takaful Berhad was RM560 000 00 20
eTiQa Takaful Berhad Corporate Zakat Award Giving Ceremony - 18 October 2016   Dewan Zabedah, Azman Hashim Complex, IIUM G...
PruBSN Corporate Zakat Award Ceremony 2016 2 December 2016 Dewan Zabedah Azman Hashim Complex IIUM Gombak Campus The Financial Assistance was handed over by Cik Noor Farihah Awang Noor to the representative of 87 recipients The total contribution from the company which amounted to RM96 820 was meant for tuition fees for semester 1 and Semester 2 2016 2017 21
PruBSN Corporate Zakat Award Ceremony 2016 - 2 December 2016   Dewan Zabedah, Azman Hashim Complex, IIUM Gombak Campus  Th...
Cheque Presentation Sessions from Asian Finance Bank 13 July 2016 Rector s Office IIUM Gombak Campus 9 December 2016 Finance Division IIUM Gombak Campus Mr Azidy Daud the Chairman Interim Management Committee of Asian Finance Bank handed over two contributions in separate sessions for a total amount of RM145 998 43 the contributions were meant for the settlement of outstanding tuition fees for 95 local graduated students 22
Cheque Presentation Sessions from Asian Finance Bank - 13 July 2016   Rector   s Office, IIUM Gombak Campus - 9 December 2...
Majlis Agihan Zakat Bantuan Hari Raya 28 June 2016 Experimental Hall IIUM Gombak Campus Prof Dato Dr Mizan Hitam the Chairman of Zakat Executive Committee IIUM handed over the financial assistance to some representatives of 1 256 recipients among IIUM general workers who received an amount between RM200 00 RM500 00 each The total fund for this purpose amounting to RM258 800 00 is derived from Zakat Business Salary contributions from IIUM Holdings and its subsidiaries DBSB ILESB and IIUM Educare 23
Majlis Agihan Zakat  Bantuan Hari Raya  - 28 June 2016   Experimental Hall, IIUM Gombak Campus Prof. Dato    Dr. Mizan Hit...
Mock Cheque Presentation by Bank Islam M Berhad 13 July 2016 Rector s Office IIUM Gombak Campus Y Bhg Dato Wan Ismail Wan Jusoh Business Advisor of Bank Islam M Berhad handed over the organization s Corporate Zakat to the Rector of IIUM amounting to RM50 000 00 Among the highlighted issues during discussion were the following IIUM invited BIMB as a partner for IIUM project in KERALA on Islamic Banking and Finance BIMB business proposal on Investment Account to IIUM 24
Mock Cheque Presentation by Bank Islam  M  Berhad - 13 July 2016   Rector   s Office, IIUM Gombak Campus Y. Bhg. Dato    W...
Visit to the IEF MISA Sustainable Agricultural Training and Development Centre 20 April 2016 Jalan Gombak The visit was attended by Y Bhg Prof Tan Sri Dr Kamal Hassan who endowed the 1 2812 acres of the land located at Lot 2059 Batu 8 Jalan Gombak to IEF The land has been managed by the Malaysian Institute of Sustainable Agriculture MISA for their Sustainable Agriculture Training and Development Centre since 2014 with the annual rental of RM5 000 00 The event was also attended by one of the Trustees of the land Prof Dr Mohamed Aslam Mohamed Haneef 25
Visit to the IEF     MISA Sustainable Agricultural Training and Development Centre - 20 April 2016   Jalan Gombak.  The vi...
DEEPEST appreciation To generous corporate donors for 2016 some of which include the following eTiQa Takaful Berhad Lembaga Pemegang Amanah Kolej Islam Malaya Berdaftar LAKIM Asian Finance Bank Berhad Bank Islam M Berhad Prudential BSN Takaful Berhad Syarikat Perumahan Pegawai Kerajaan UMW Corporation Sdn Bhd Affin Islamic Bank Berhad IIUM Holdings Sdn Bhd IIUM Properties Sdn Bhd All donors who would like to be anonymous Maybank Islamic ACR ReTakaful Berhad Iqra for Human Relations Tetuan Yayasan Taqwa Al Rajhi Bank Berhad OCBC Al Amin Berhad Suruhanjaya Sekuriti Malaysia Azzka Petro Enterprise Daya Bersih Sdn Bhd Kamal Engineering Sdn Bhd 26
DEEPEST appreciation To generous corporate donors for 2016, some of which include the following      eTiQa Takaful Berhad ...
IIUM ENDOWMENT FUND 27
IIUM ENDOWMENT FUND 27
Reaching the 2nd decade of its establishment IEF has formulated Strategic Plans to achieve the desired target in five 5 Increase of Funds ST1 Develop Strategic Marketing Plan ST2 Enhancement of HR Management ST3 years as formulated in the IEF Business Plan 2016 2020 Enhancement of Disbursement Policy ST4 Develop Donors Retention Programme ST5 28
Reaching the 2nd decade of its establishment, IEF has formulated Strategic Plans to achieve the desired target in five  5 ...
ST1 INCREASE OF FUNDS Explore New Business Opportunities Improve Solicitation Strategies Target For New Donors Maximum Tenancy for Properties Upgrade Relationship Strategies INCREASE SIZE OF FUND Product s Development FINANCIAL SUSTAINABILITY 29
ST1 INCREASE OF FUNDS  Explore New Business Opportunities  Improve Solicitation Strategies  Target For New Donors  Maximum...
ST2 DEVELOP STRATEGIC MARKETING PLAN Collaboration with Alumni Create Multitasking staff Increase International Donors Showcase of IEF Performance Increase Publicity Awareness Through Aggressive Promotions Build Strategic Partnership DEVELOP STRATEGIC MARKETING PLAN Leverage Resources Through IIUM staff and students To Expand Our Market 30
ST2 DEVELOP STRATEGIC MARKETING PLAN  Collaboration with Alumni  Create Multitasking staff  Increase International Donors ...
ST3 Establish a Marketing Unit ISO 9001 2008 Certification Training Needs Analysis ENHANCEMENT OF HR MANAGEMENT Develop Database System Optimization of Resources Relocation Renovation of IEF Office RESTRUCTURING OF IEF Review and Improve Scheme of Service To Increase Productivity and Efficiency 31
ST3  Establish a Marketing Unit  ISO 9001 2008 Certification  Training Needs Analysis  ENHANCEMENT  OF HR MANAGEMENT  Deve...
ST4 ENHANCEMENT OF DISBURSEMENT POLICY Review and Improve the Disbursement Process Policy Produce Comprehensive Information to Students on Disbursement Activities Enhance Strategic Networking with K C D I O ENHANCEMENT OF DISBURSEMENT POLICY PROCESS To Increase Number of Recipients and Amount Disbursed 32
ST4 ENHANCEMENT OF DISBURSEMENT POLICY  Review and Improve the Disbursement Process   Policy  Produce Comprehensive Inform...
ST5 DEVELOP DONORS RETENTION PROGRAMME Products Promotion Enhancement Donors appreciation Programme Increment of Contribution DEVELOP DONORS RECIPIENTS RETENTION PROGRAMME To maintain and enhance the relations with existing donors and recipients 33
ST5 DEVELOP DONORS RETENTION PROGRAMME  Products Promotion Enhancement  Donors appreciation Programme  Increment of Contri...
Income from Properties Knowledge Waqf Corporate Zakat Zakat Collection Cash Investment income RM11 4 million IIUM Endowment Fund March 2017 34
Income from Properties  Knowledge Waqf  Corporate Zakat Zakat Collection  Cash Investment income  RM11.4 million  IIUM End...