Section 45. Establishment of the Baitulmal. (MAJLIS ISLAM SARAWAK ORDINANCE 2001

CHAPTER 41
MAJLIS ISLAM SARAWAK ORDINANCE 2001

PART V - ESTABLISHMENT OF LEMBAGA BAITULMAL DAN WAKAF, BAITULMAL, WAKAF AND NAZR
Establishment, etc., of the Baitulmal and Contributions thereto

Section 45. Establishment of the Baitulmal.

(1) There shall be established, for the purposes of this Ordinance, a fund to be known as the Baitulmal.

(2) The Baitulmal shall consist of-

(a)

all estate or property of a deceased Muslim which, by Islamic Law or under this Ordinance or rules made thereunder, accrues to the Baitulmal;

(b)

all fees, moneys,

zakat

and

fitrah

collected from time to time by the respective Lembaga in accordance with this Part and Part VII;

(c)

all contributions made or payable by any person to the Baitulmal;

(d)

any such grant, gift, donation, contribution or any other sums as may be received from any source;

(e)

such sums borrowed by the Majlis under section 7;

(f)

all moneys and property of the Baitulmal;

(g)

all property and assets of wakaf khas and nazr am;

(h)

any property, investments, mortgages, charges or debentures acquired by or vested in the Majlis;

(i)

all moneys earned or arising from any property, investments, charges or debentures acquired by or vested in the Majlis;

(j)

all moneys earned by the operation of any project, scheme or enterprise financed from the Baitulmal; and

(k)

all such other sums or property which may in any manner become payable to or vested in the Majlis in respect of any matter incidental to its functions, powers and duties.

(3) All moneys and property in the Baitulmal shall be vested in the Majlis which shall administer all such moneys and property in accordance with this Ordinance or the rules made under this Ordinance.

(4) Notwithstanding subsection (3), any investments of assets and funds vested in the Majlis may be sold, realized and disposed of, and the proceeds thereof may be invested in accordance with section 44.