ENACTMENT NO. 1 OF 2003 ADMINISTRATION OF THE RELIGION OF ISLAM (STATE OF SELANGOR) ENACTMENT 2003
PART VI
FINANCE Baitulmal and Financial Procedure of the Majlis
Section 81. Establishment of Baitulmal.
(1) A fund known as the Baitulmal is hereby established.
(2) The Baitulmal shall consist of all moneys and property, movable or immovable, which by Hukum Syarak or under this Enactment or regulations or rules made there under accrue, or are contributed by any persons, to the Baitulmal.
(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 regulations made under this Enactment.
(4) Notwithstanding the regulations referred to in subsection (3), any investment, assets or funds vested in the Majlis may be sold, realised and disposed of, and the proceeds thereof may be invested from time to time in any investments authorized by any written law for the time being in force for the investment of trust funds and Hukum Syarak.
(5) Subject to the provisions of this Enactment, the Majlis, with the approval of His Royal Highness the Sultan, may make regulations for the collection, administration and distribution of all of the property of the Baitulmal.