NEW YORK/LONDON (Reuters) - On Sunday, just before Donald Trump's inauguration, crypto investor Mike Dudas bought more than $145,000 worth of tokens from World Liberty Financial, a fledgling crypto company partly owned by the U.S. president.
SHAH ALAM: Stern action should be taken against those who misappropriate funds and err in carrying out their duties in zakat collection, says Sultan Sharafuddin Idris Shah .
"I place great importance on the honesty and integrity of all LZS staff and decreed that strict action should be taken against those found to misappropriate funds and err in carrying out their duties, including bringing them to court for legal action," said His Royal Highness. Tuanku said that he had witnessed remarkable innovations, advancements, and improvements in zakat management, particularly in the areas of collection and distribution of zakat, as well as the empowerment of asnaf.
However, amid the excitement of rapid transformation and innovation that has been introduced, Sultan Sharafuddin also reminded LZS not to become complacent or remain satisfied with the achievements that have been made. "This includes actively engaging with the field to update data and obtain current information regarding eligible zakat recipients based on household income and their financial capacity," added the Selangor Ruler.
The Selangor Sultan also reminded the public that zakat on income should be paid where individuals are currently serving and earning their livelihoods.
Zakat Fund Misuse Lembaga Zakat Selangor Asnaf Syariah Guidelines Ar-Riqab Zakat Governance
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