BUSINESS

PAYHALAL APPOINTED AS TITHE COLLECTION AGENT OF PPZ-MAIWP

11/12/2019 06:24 PM

KUALA LUMPUR, Dec 11 -- PayHalal, the world’s first Shariah-compliant payment gateway, has been appointed as a zakat (tithe) collection agent by the Federal Territories Islamic Religious Council Zakat Collection Centre (PPZ-MAIWP) for the federal territories.

In a statement today, PayHalal said this would also make it the world's first Shariah-compliant cashless channel enabled to collect zakat.

PayHalal's operator, Souqa Fintech Sdn Bhd group deputy general manager Muhammad Sulwan Mohamed Subhan said it would help PPZ-MAIWP to realise its collection target of RM1 billion by 2023.

“PayHalal will assist PPZ-MAIWP to maximise their outreach, while making zakat payment convenient and just a click-away,” he added.

PayHalal will, among others, mobilise quick response codes (QR codes) for most of the major mosques in Kuala Lumpur and Putrajaya, in line with PPZ-MAIWP’s aspiration to make known the Federal Territories as ‘Wilayah Berzakat’

-- BERNAMA


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