Pahang Mosque Cooperatives to Receive Increased Allocations

The Pahang state government is signaling its intent to boost financial support for mosque congregational cooperatives across the state in the upcoming year. This move aims to further empower the Muslim community's economy through these cooperative bodies.

This year, the state government allocated RM600,000 to bolster the ummah's economy via the mosque cooperatives, which are managed by the Malaysian Cooperative Commission (SKM) Pahang. While an application for additional funding has been received, the final decision will depend on discussions between ANGKASA (National Cooperative Movement of Malaysia Berhad) and the relevant committee chairmen.

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The state government has received an application for an increase in allocations for the cooperatives, but this matter will be discussed between ANGKASA and the chairman of the committee concerned. The decision will depend on the outcome of the discussions.

In parallel, the cooperative movement in Pahang has shown significant growth. Last year, it achieved a revenue of RM1.13 billion, marking a 15 percent increase from the previous year. The total assets of these cooperatives now exceed RM1.73 billion, demonstrating their expanding role as a vital economic force within the state. These cooperatives are involved in diverse sectors, including plantations, agriculture, services, and retail, contributing added value to the community.

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The cooperative movement has grown into an important economic force. Some are involved in plantations, agriculture, services, retail, and various other economic activities that provide added value to the community.