FAQs

 FAQ
 1.  Is UIM an IPTA?
  No. UIM is registered under the Private University Act 1995.
2. Is UIM a profit-oriented university?
 

UIM has never considered profit-making amongst its objective since its inception in Klang way back in 1955 and its re-establishment in Cyberjaya in 2013.

In fact, UIM is commited as a financially sustainable mission-based instituition of higher learning (IHL) aimed at producing thinkers and scholars capable of fusing knowledge with wisdom. It is governed bt UIM Council made out of representatives from state religious councils and industry specialists.

3.

What does UIM business model look like?

 

UIM business model is based on three sources of income:

  1. Core Business Income.
  2. Funding (Endowment and Waqf). 
  3. Wealth Creation & Asset Management.

 4.

How does UIM sustain itself?

 

UIM cash flow comes from contributions by state religious councils, corporations, alumni and other philantrophists.

 5.

What is Waqf?

 

Waqf is an Islamic concept which enables the wider muslim community (ummah) to gain benefits. Unlike zakat thought, Waqf is perpetual i.e. the principal contribution whether in the form of land, building or cash, must NOT lose its original value at the time of contribution.

 6.

What is the difference between Waqf and Endowment?

 

Waqf is different from endowment mainly due to the perpetuity of waqf contributions compared to endowment. General waqf (waqf 'am) is still subjet to perpetuity clause where in the principal remains whilst the benefits obtained from invesement and development of the waqf contribution can be used by UIM for its operations and other purposes.

Endowment contributions are generally categorised into restricted and unrestricted endowments. For restricted endowment, the utilisation of the fund is subject to terms and conditioned laid by the contributor, such as for student fees. Whereas for unrestricted endowment, the utilisation of the fund is the prerogative of the university.

7.

Who where the first to provide Waqf to KIM?

 

Sultan Sir Hisamudin Alam Shah, the late grandfather of the present Sultan of  Selangor, donated as Waqf (restricted) his palace (which was the birthplace of the present Sultan) in Kg. Jawa Klang in April 1955.

For operational sustainability, KIM depended on contributions from various individuals in many countries and Malayan states through fund-raising efforts done by the college's administration at the time.

 8.

Is UIM a Waqf-based university?

 

Yes. UIM was the first waqf instituition of higher learning in the country. A Waqf university is neither budget-funded not profit-oriented.

in fact, UIM for the moment still enjoys the status of ONLY Waqf university in Malaysia, in the sense that it attempts to provide quality higher education at an affordable manner through community support ad wealth creation rather than form annual government budget or higher tuition fees.

 9.

How are the contributions to UIM distributed?

 

Our formula for distribution is dependent on the type of endowment or Waqf given. However, for unrestricted endowment and monetary benefits extracted from Waqf investments and development, there are five 'recipients':

- operations (40 percent)

- academic, research & library (40 percent)

- development of permanent campus (10 percent)

- university events and branding activities (8 percent)

- alumni community activities (2 pecernt)

 10.

Do you provide regular updates to your contributors?

 

Yes. Annual report is submitted to contributors for amount of contribution in access of RM500, 000. For other amounts, the Division will update regularly via website.

 11.

Are contributions to UIM tax-deductible?

 

Yes, contributions to UIM are tax-exempted through YAUM tax relief number is:

LHDN.01/35/42/51/179-6.7697.

 12.

How I can contribute to UIM?

 

Contributions either in the form of Waqf or endowment can be made using several channels:

- salary deduction instruction

- e-payment gateway (future)

- cas/cheque

 

Forms can be downloaded here. In the future, UIM will release and Android/iOS app to enable immediate online contribution via FPX.

Contact Us

Universiti Islam Malaysia
Blok I, Bangunan MKN Embassy Techzone,
Jalan Teknokrat 2,
63000 Cyberjaya, Selangor Darul Ehsan.

 +603-8324 6666 | 
 +603-8324 6600
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