TYPES OF FUND
1. Tabung Endowmen
- An endowment is a financial asset, in the form of a donation made to a non-profit group, institution or individual consisting of investment funds or other property that may or may not have a stated purpose at the bequest f the donor.
- Most endowments are designed to keep the principal amount intact while using the investment income from dividends for charitable efforts.
2. Tabung Amanah
- An Islamic endowment of property to be held in trust and used for a charitable or religious purpose.