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Terengganu | 7–8 August 2025 – Akademi Zakat (AZKA-PPZ) participated in the Coordination Workshop for the Publication Project: “Islamic Social Finance: Theory and Application”, organised by the Islamic Social Finance Research Centre (ISF) at Universiti Sultan Zainal Abidin (UniSZA). The two-day programme, held at the Raia Hotel & Convention Centre Terengganu, brought together academics and industry practitioners to refine the draft chapters of a forthcoming reference book on Islamic social finance. The workshop aimed to align perspectives between research and practice, ensuring the final publication will serve as a credible, comprehensive guide for scholars, policymakers, and industry players. Broad Scope, Focused Expertise The proposed book covers a wide spectrum of topics reflecting the diverse pillars of Islamic social finance. Among the key chapters discussed during the workshop were: An Introduction to Islamic Social Finance – presented by Dr. Muhammad Shahrul Ifwat Ishak (ISF-UniSZA), outlining the foundational principles and contemporary relevance of Islamic social finance in addressing socio-economic challenges. Islamic Banking – led by Dr. Farah (ISF-UniSZA), exploring Shariah-compliant banking products, their regulatory frameworks, and their role in promoting financial inclusion. Islamic Microfinance – also facilitated by Dr. Farah, examining microcredit and micro-savings models that support low-income communities while preserving Shariah compliance. Zakat – contributed by AZKA-PPZ, offering practical insights into governance, collection, and distribution models, as well as innovations in zakat digitisation and community engagement. Waqf – also presented by AZKA-PPZ, highlighting best practices in waqf management, legal frameworks, and potential integration with modern investment tools for sustainable impact. Crowdfunding in Islamic Social Finance – discussed by Dr. Muhammad Shahrul Ifwat Ishak, analysing emerging platforms and their potential in mobilising funds for social good under Shariah principles. AZKA-PPZ’s Role As the knowledge arm of PPZ-MAIWP, AZKA’s involvement was twofold: contributing content for the chapters on zakat and waqf, and engaging in peer discussions to ensure coherence between the academic narrative and on-the-ground realities of Islamic social finance implementation. This dual perspective — grounded in institutional practice yet mindful of scholarly discourse — helped bridge the gap between theory and application. AZKA also shared case studies from PPZ-MAIWP’s experience, particularly on governance frameworks, community-based initiatives, and the integration of technology in zakat services. Strengthening the Knowledge Ecosystem The workshop was not only about content refinement but also about building professional networks and reinforcing shared objectives. By bringing together subject-matter experts from both academia and industry, the programme underscored the importance of collaboration in developing resources that can guide future research, policy, and operational excellence in Islamic social finance. AZKA-PPZ values this opportunity to contribute to a publication that aspires to be a definitive reference in the field. Once completed, the book is expected to support the growth of Islamic social finance knowledge and practice — not only in Malaysia but across the global Muslim community.

Kuala Lumpur, 16 June 2025 – As part of the Muamalat Industrial Tour 5.0, PPZ-MAIWP was honoured to host a delegation from the Department of Shariah and Management, Academy of Islamic Studies, Universiti Malaya (UM). The visit was part of the academic enrichment component for students enrolled in the course IIE3004 – Islamic Wealth Management. A total of 42 students participated in the visit, accompanied by their lecturer Dr. Asmuliadi Lubis, aiming to deepen their understanding of real-world zakat governance, collection systems, and digital transformation within Malaysia’s Islamic finance ecosystem. Welcoming the Next Generation of Islamic Finance Leaders The delegation was welcomed by Dr. Muhsin Nor Paizin, Senior Manager of Akademi Zakat (AZKA), who also served as Chairperson for the session. In his welcoming remarks, Dr. Muhsin highlighted the vital need to nurture a generation of professionals who are zakat-literate, ethically grounded, and socially responsible. The session included a comprehensive presentation by Muhamad Hazrin Sayuti, Executive at AZKA, who elaborated on: The structural roles of PPZ-MAIWP in zakat collection and administration Implementation of cash waqf and zakat fitrah Digital initiatives including the MyZakat platform Ongoing asnaf development programmes The use of modern and inclusive payment channels A Platform for Practical Learning and Inspiration More than just a visit, this academic-industry engagement offered students a chance to reflect on the operational intricacies of Islamic social finance, connect with practitioners, and explore how theory is applied in live institutional settings. The enthusiasm and inquisitiveness shown by the students underscored the importance of continuous collaboration between institutions of higher learning and zakat agencies to ensure knowledge is not just learned, but lived. Strengthening the Knowledge Ecosystem PPZ-MAIWP and AZKA remain committed to supporting academic institutions in building a future generation of Islamic finance leaders. We sincerely thank Universiti Malaya for choosing PPZ-MAIWP as a learning destination and look forward to more impactful collaborations ahead. 📍 Venue: PPZ-MAIWP Headquarters🏫 Visitor: Students of Islamic Wealth Management (IIE3004), Department of Shariah and Management, Universiti Malaya🎓 Facilitated by: Akademi Zakat (AZKA-PPZ)📅 Date: 16 June 2025

Shah Alam, 13 Jun 2025 – The Seminar Inovasi Zakat-Wakaf 2025 successfully took place at the FBM PPZ–Etiqa Corner, Faculty of Business and Management (FBM), Universiti Teknologi MARA (UiTM), in collaboration with PPZ-MAIWP and Yayasan Inovasi Malaysia. The seminar brought together scholars, practitioners, and zakat professionals to explore the evolving role of zakat and waqf in shaping an inclusive, tech-driven and spiritually grounded society. Reimagining Zakat in the Digital Age One of the highlights of the seminar was the presentation by Dr. Muhsin Nor Paizin, Manager of Akademi Zakat (AZKA-PPZ), who delivered a talk titled:“Digital Era Zakat – Engaging Digital Natives.” The session explored how zakat institutions must rethink their communication methods, digital strategies, and educational outreach to resonate with the younger generation — a cohort defined by immediacy, digital fluency, and a growing search for purpose. Dr. Muhsin highlighted the need for zakat bodies to be both digitally responsive and spiritually relevant in today’s connected world. Other Presentations and Thought Leadership The seminar also featured distinguished speakers who shared valuable insights: Dr. Sharmila Mohamed Salleh (CEO, Yayasan Inovasi Malaysia) spoke on Social Innovation Initiatives through zakat and waqf. Assoc. Prof. Dr. Amirul Afif Muhamat (FBM, UiTM) presented on Revolutionising Zakat into Micro-Takaful. The session was moderated by Dr. Faziatul Amillia Mohamad Basir, who ensured a dynamic and engaging flow throughout the discussions. Each presentation reaffirmed that strategic innovation in zakat and waqf can lead to real change — especially when integrated with data, community empowerment and cross-sector collaboration. Book Launch: Bridging Ideas and Implementation A key moment during the event was the official launch of the book:“New Ideas and Concepts on Zakat and Waqf Towards Society 5.0.”This publication, developed through the AZKA-PPZ initiative, serves as a compendium of emerging thought and proposed solutions aimed at future-proofing zakat and waqf systems in Malaysia and beyond. Moving Forward The success of this seminar reflects the increasing need for dialogue between tradition and transformation, as zakat and waqf are no longer confined to ritual — but are vital tools in nation-building, poverty alleviation, and ethical economic reform. AZKA extends its appreciation to UiTM, Yayasan Inovasi Malaysia, and all speakers and participants for their contribution to this meaningful event. May this be the first of many initiatives that continue to inspire innovation in Islamic social finance. 📍 Venue: FBM PPZ – Etiqa Corner, UiTM📅 Date: 13 June 2025📘 Highlight: Launch of “New Ideas and Concepts on Zakat and Waqf Towards Society 5.0” 🖊️ By: Akademi Zakat (AZKA-PPZ)#ZakatInnovation #WaqfLeadership #Society5_0 #DigitalEraZakat #AZKAPPZ #PPZMAIWP #UiTM

Kuala Lumpur, 10 Zulhijjah 1446H – As the ummah around the world commemorates the holy celebration of Aidiladha, we are reminded once again of the timeless values of sacrifice, obedience, and sincerity in our journey toward Allah SWT. At Akademi Zakat (AZKA-PPZ), this sacred occasion serves as a spiritual anchor — drawing us closer to the meaning of true submission and the willingness to give for the sake of others. Inspired by the legacy of Prophet Ibrahim A.S. and his son Ismail A.S., Aidiladha teaches us that the greatest offerings are not measured by quantity, but by the depth of our niyyah (intention) and the strength of our faith. Sacrifice in Every Form In today’s world, the concept of qurban extends beyond the act of slaughtering livestock. It is also about sacrificing time, ego, wealth, and comfort for a higher cause. Whether we are corporate leaders, public servants, educators, or professionals, each of us has the opportunity to perform small but meaningful acts of service — be it in the form of zakat, sedekah, or sincere contribution to the ummah. As shared in this year’s Aidiladha greeting by Dr. Muhsin Nor Paizin, Manager of AZKA-PPZ: “May every sacrifice made — no matter how small or great — be accepted by Allah SWT as an act of worship.” A Prayer for the Ummah On this blessed day, we extend our heartfelt doa that: Our sacrifices are accepted, Our hardships are eased, And our efforts in the path of knowledge, justice and community well-being continue to be blessed. May Aidiladha be a time of reflection, unity and gratitude — and may the spirit of giving continue to flourish in our hearts and institutions. Salam Aidiladha 1446H from all of us atAkademi Zakat (AZKA)Pusat Pungutan Zakat – MAIWP