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How does Wakat Masyarakat Singapura works?


Updated by MUIS
  1. Contributions to WMS will be pooled together to form the WMS Corpus (principal amount)

  2. The WMS Corpus will be preserved until the end of time and perpetually invested in Shariah-compliant Investment Products to generate income

  3. Only the net income from the investments will be disbursed to WMS beneficiaries

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