Endowment

Universiti Kebangsaan Malaysia (UKM), The National University of Malaysia is proud to offer a Funding Program through The UKM’s Chancellor’s Foundation Trust Fund as one of the fund raising activities of the Chancellor’s Foundation.

The aim of the program is to facilitate staff and Alumni of the University, and also the kind-hearted community at large to contribute as gifts to the Trust Fund in the form of donations, endowments, bequests, awards and other benevolent forms for specific identified needs. Through this program, a doner would be able to plan his or her contributions either on a monthly basis or in lump sums (single or periodically) where the gifts can be in the form of cash, financial securities, and /or fixed assets.

Linguistically, gifts are acts of sincerity given for a specified purpose such as an achievement or out of love. Donations are mostly associated with helping the needy and the deprived. An endowment (wakaf) occurs when an asset (cash or non-cash) is donated but the principal amount is not spent but rather the returns from such an asset can be expensed for a worthy cause.

The act of donating one’s wealth, providing a gift and/or setting up an endowed fund are all acts of good deeds. Indeed, such acts are a form of sacrifice; departing one’s wealth for the benefit of others.

Sustainable Fund Raising would go towards activities encompassing:

· Welfare
· Academics
· Research
· Services

Your kind donations and gifts would be able to elevate economically deprived students, provide student aid, pay tuition fees, cover basic costs of living, provide interest free loans, funding for various activities involving rural community developments, international training for our students, create various academic awards of excellence and so forth.

As an act of good deeds, gifts in whatever forms have many virtues. In the sight of society and the respective communities, a doner will always be looked upon as a kindhearted person, philanthropist, caring, compassionate, generous, good-hearted, benevolent and charitable. Our prayers will always be for those who donate with all sincerity and that God’s blessings will always be upon them, their families and that their businesses will further flourish.

The religion of Islam has high praises for such doners. Quoting from the Holy Qur’an (meaning):

“O ye who believe! bow down, prostrate yourselves, and adore your Lord; and do good; that ye may prosper (in this world and in the Hereafter).”

(The Qur’an 22:77)

“By no means shall ye attain righteousness unless ye give (freely) of that which ye love; and whatever ye give, of a truth Allah knoweth it well.”

(The Qur’an 3:92)

For further information, kindly visit www.endowmen.ukm.my