Dr Ridzwan Bakar, our academic staff from the Faculty of Management (FOM), who is also the waqf expert is being appointed as the Chief Executive Officer (CEO) of Yayasan Waqaf Malaysia (Malaysia Awqaf Foundation) on secondment assignment with effect from 1 October 2023. The foundation, Yayasan Waqaf Malaysia (YWM), is a government body under the Prime Minister Department of Malaysia and was established in 2008 to spearhead waqf (Islamic endowment) and philanthropic projects and programmes.
Dr. Ridzwan reports directly to the Minister in the Prime Minister’s Department. The Board of Trustees comprises Yang DiPertua, the Secretary of 14 Islamic Religious Councils in Malaysia, and the Director General of the Wakaf, Zakat and Haji Department (JAWHAR). He has been tasked with leading and revitalising the waqf and national philanthropic agenda as a third-sector economy for Malaysia. With his vast experience in the corporate sector, plus his passion and expertise in Islamic and social finance, he will add value to promote Malaysia and provide alternatives for Malaysian economic development.
Wishing you the best of luck in all your future endeavours!