|PRUBSN ZAKAT FUND TO BENEFIT 40 UNDERPRIVILEGED IIUM STUDENTS|
22 February 2012
Prudential BSN Takaful Berhad (PruBSN) contributed its Zakat Perniagaan to 40 outstanding achievers from the International Islamic University of Malaysia (IIUM), for one academic year. The cheque was presented by PruBSN's Chief Executive Officer, Encik Azim Mithani, to the IIUM's Deputy Rector (Student Affairs), Professor Dr. Nik Ahmad Kamal Nik Mahmod, in a brief ceremony held at the University in Gombak.
"Our contribution to the IIUM Endowment Fund (IEF) is our commitment in support of learning, as we intend to play an active role in making Malaysia the hub for Islamic scholars and Islamic finance practitioners. The Zakat fund will be used for the provision of fees to those who excel academically, but face some challenges to support and further their studies. These students deserve a better future and we are committed to help them achieve this," said Encik Azim at the event.
Under careful deliberations of the IEF panels, the chosen students are now able to pursue their degree of choice in Shariah Law, Accounting, Economic and Business Administration fields at IIUM. To qualify for the contribution, the candidates need to excel academically, are not receiving other financing aid and come from lower income group families.
Professor Dr. Nik Ahmad Kamal Nik Mahmod also expressed his gratitude saying "On behalf of the IIUM Management team, we would like to extend our appreciation to PruBSN for their noble deed. We are deeply touched by PruBSN's generosity to offer such amazing opportunity for these students to continue their quest for knowledge."
Zakat contributions to the IEF have increased over the years with greater awareness among corporate entities of their obligations to contribute to Zakat.
Apart from this contribution, PruBSN also contributed a portion of its Zakat Perniagaan to five registered orphanages nationwide. This is in tandem with the company's ‘A-Book, A-Child, A-Week' Corporate Social Responsibility initiative spearheaded last year to promote literacy among children and young adults.