Committee of Supply 2024 debate, Day 6: Sharael Taha on building up Wakaf Masyarakat Singapura
MP Sharael Taha said in Parliament on Wednesday (Mar 6) that the amendments to the Administration of Muslim Law Act laid the foundation for Wakaf Masyarakat Singapura (WMS) or Singapore Community Wakaf to serve as a community endowment fund for social and religious development. He reiterated the importance of the WMS as a sustainable revenue stream and how its returns can be used to prepare for the medium- and longer-term needs of the community. He also asked how more community members can be encouraged to contribute to the Singapore Community Wakaf.
MP Sharael Taha said in Parliament on Wednesday (Mar 6) that the amendments to the Administration of Muslim Law Act laid the foundation for Wakaf Masyarakat Singapura (WMS) or Singapore Community Wakaf to serve as a community endowment fund for social and religious development. He reiterated the importance of the WMS as a sustainable revenue stream and how its returns can be used to prepare for the medium- and longer-term needs of the community. He also asked how more community members can be encouraged to contribute to the Singapore Community Wakaf.
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