Waqaf An-Nur Builds High-Impact Endowment Ecosystem
Translated from Malay, summarized and contextualized by DistantNews.
At a glance
- Waqaf An-Nur has distributed over RM102 million in endowment funds to more than two million recipients nationwide since its establishment in 2000.
- The foundation invests endowment funds in Sharia-compliant portfolios to generate continuous, large-scale, and inclusive benefits for society.
- Initiatives include 24 clinics offering affordable healthcare at RM10 per outpatient visit and dialysis at RM130 per session, serving over 2.3 million patients, including non-Muslims.
Waqaf An-Nur has transformed the traditional concept of charity into a powerful instrument for social development, distributing over RM102 million to more than two million beneficiaries since its inception in 2000. This achievement demonstrates that endowments can function as a structured, sustainable, and resilient system when managed professionally with good corporate governance.
the main challenge for endowment institutions today is not merely collecting or distributing funds. Instead, the focus is on ensuring that each endowment fund generates continuous, large-scale, and inclusive benefits for society, regardless of background.
Bukhari Abdul Rahman, CEO of Waqaf An-Nur Corporation Berhad, highlighted that the primary challenge for endowment institutions today is not merely collecting or distributing funds. Instead, the focus is on ensuring that each endowment fund generates continuous, large-scale, and inclusive benefits for society, regardless of background. In an era of rising living costs and widening access gaps to basic services, one-off endowment approaches are insufficient.
Waqaf An-Nur adopts a strategy of reinvesting endowment funds into Sharia-compliant investment portfolios. This approach ensures that benefits are continuously generated and reach a wider range of those in need. Last year alone, RM27.75 million was channeled through four main pillars: welfare and community, spirituality and religion, socioeconomic development, and healthcare.
the concept of endowment championed by Waqaf An-Nur is universal because its benefits are channeled to anyone in need without regard to race or religion.
Bukhari emphasized the universal nature of Waqaf An-Nur's concept, with benefits extended to anyone in need, irrespective of race or religion. The Community Waqaf Farmer program offers income-generating opportunities through agriculture, focusing on capacity building and entrepreneurship. A significant initiative is the operation of 24 Waqaf An-Nur Clinics, providing affordable healthcare at a low rate of RM10 for outpatient treatment and RM130 for dialysis sessions, easing the burden on kidney patients. These clinics have recorded over 2.3 million treatments, with seven percent of recipients being non-Muslims, reflecting the institution's inclusive approach.
when a patient comes with only RM10 in hand but leaves after receiving perfect treatment, that is the real picture of how endowment can give meaning to someone's life.
Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.