PERMODALAN Nasional Bhd (PNB) has donated a total of RM700,000 worth of zakat contributions to students enrolled in matriculation courses under the Education Ministry.
While the fund management company has collaborated with the ministry in the past, the contribution marks PNB’s first zakat donation to matriculation students.
The 2017/2018 academic year sees a total of 23,000 students enrolled in matriculation colleges.
Of them, 1,100 students have been selected to receive PNB’s zakat donation.
“There are two categories under our zakat contribution; the first involves a donation of RM1,000 per student for 300 outstanding students who have achieved a Cumulative Grade Point Average of 3.5 and are from the bottom 40% (B40) household income.
“The second category involves a donation of RM500 per student for 800 students from B40 families as well,” PNB chairman Tan Sri Abdul Wahid Omar said at the handing over ceremony.
Education Minister Datuk Seri Mahdzir Khalid described PNB’s zakat donation as a big contribution to the students.
“For matriculation students, the cost of their education is borne by the government and monthly allowances are also provided to all students.
“Zakat is meant for students who come from a less privileged background.
“We hope this will be a motivation for them to do well in their studies,” he added.
The contributions will be distributed on separate occasions to the selected students, starting with Kolej Matrikulasi Negri Sembilan, Kuala Pilah.
Also present at the ceremony were Deputy Education Ministers Datuk P Kamalanathan and Datuk Chong Sin Woon, Education secretary-general Datuk Seri Alias Ahmad and deputy director-general (education policy and development) Datuk Sulaiman Wak as well as Education Ministry matriculation division director Dr Baiduriah Yaakub.