CSR WAQF: TRANSFORMING CORPORATE RESPONSIBILITY INTO SUSTAINABLE INVESTMENTS

Corporate Social Responsibility (CSR) is no longer confined to short-term, one-off charitable donations. Through the concept of CSR Waqf, companies and corporate entities can transform their CSR funds into sustainable, high-impact social investments that yield perpetual rewards.

Strategic Synergy Between the Corporate Sector and WAZAN UPM Integrating CSR with waqf instruments at the Centre for Management of Waqf, Zakat and Infaq (WAZAN) UPM creates structured avenues for corporate bodies to channel targeted contributions. Key CSR Waqf collaboration opportunities include:

• Learning Infrastructure Development: Sponsoring smart classrooms, research laboratories, and advanced campus facilities.

• Educational Fund Sponsorship: Financing scholarships and digital devices to guarantee academic continuity for B40 and asnaf students.

• Environmental & Community Sustainability: Implementing sustainable campus projects aligned with Environmental, Social, and Governance (ESG) principles.

Dual Benefits for Corporate Partners Executing CSR through Waqf offers significant value addition to corporate partners. Beyond fulfilling social duties and meeting ESG metrics, contributions channeled through WAZAN UPM are eligible for tax deductions under Section 44(11D) of the Income Tax Act 1967. This positions CSR Waqf as an exceptionally efficient and high-integrity social investment model.

In conclusion, CSR Waqf serves as a vital bridge connecting commercial success with community well-being, ensuring that every dollar invested today leaves an enduring legacy across generations.

Date of Input: 31/03/2026 | Updated: 21/08/2026 | rizal_helmi