PUTRAJAYA: The government has allocated RM30mil to support the MyWaqafPTPTN education endowment initiative jointly managed by Yayasan Wakaf Malaysia (YWM) and the National Higher Education Fund Corporation (PTPTN), says Datuk Seri Anwar Ibrahim.
The Prime Minister announced the allocation during the launch of National Wakaf Month 2025 here on Thursday (Feb 27), highlighting the government’s commitment to strengthening Malaysia’s wakaf (endowment) ecosystem.
“Secondly, RM5mil has been allocated for the initial development of Permodalan Wakaf Nasional Berhad (the national wakaf investment body).
“Any additional funding will have to wait for (Budget 2026),” Anwar said in his speech at the Putrajaya International Convention Centre here.
He stressed that wakaf is a shared responsibility of the government, the people and the ummah, encouraging greater societal participation in philanthropic and developmental initiatives.
“Wakaf in Islam is extraordinary because it mobilises society in all aspects of life,” he said.
MyWaqafPTPTN is aimed at improving accessibility to higher education through wakaf-based scholarships and funding.
