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17.07.2024

AG Nutrition International Contributes to Corporate Zakat:

through PPZ MAIWP

KUALA LUMPUR, 16 July 2024 – In a significant demonstration of corporate responsibility and commitment to Islamic principles, AG Nutrition International Sdn Bhd has participated in the 2024 Corporate Zakat Ceremony, contributing to the RM55,457,640.75 collected by the Pusat Pungutan Zakat - Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP). This ceremony saw contributions from 25 leading companies for the fiscal years 2022, 2023, and 2024.

The ceremony was held to honor the collective efforts of these companies in fulfilling their zakat obligations. The contributions were presented to PPZ-MAIWP, represented by its Chief Executive Officer, Datuk Haji Abdul Hakim Amir Osman. The event was attended by the Minister in the Prime Minister’s Department (Religious Affairs), YB Senator Dato' Setia Dr. Haji Mohd Na'im Haji Mokhtar, along with other distinguished guests.

The companies that participated in this significant initiative include major names such as Bank Islam Malaysia Berhad, CelcomDigi Berhad, and Maybank Islamic Berhad, among others.

By contributing Corporate Zakat, AG Nutrition International reaffirms its commitment to ethical business practices and the betterment of society.

Commitment to Religious and Social Responsibility

AG Nutrition International Sdn Bhd’s participation underscores its commitment to social responsibility and adherence to Islamic obligations. The company’s contribution is part of a broader effort to support the community and fulfill religious duties.

In his address, YB Senator Dato' Setia Dr. Haji Mohd Na'im Haji Mokhtar highlighted the importance of corporate zakat, noting a 10% increase in total zakat collections from January to June 2024, amounting to RM511 million compared to RM462 million in the same period in 2023. Of this amount, RM75 million (15%) was contributed by businesses, indicating a growing awareness and commitment among companies to fulfill their zakat obligations.

Fostering Economic Growth

The Minister emphasized the critical role of zakat in empowering the Muslim community economically. He expressed hope that more companies would be inspired to fulfill their zakat obligations, thereby contributing to the socio-economic development of the society.

"Congratulations and thank you to the Board Members of the companies for ensuring their organizations meet their zakat obligations this year," he said, recognizing the efforts of corporate leaders in this endeavor.

AG Nutrition International Sdn Bhd’s participation underscores its commitment to social responsibility and adherence to Islamic obligations.

Looking Ahead

AG Nutrition International Sdn Bhd is dedicated to continuing its support for such initiatives, reinforcing the importance of zakat in corporate governance and social responsibility. The company believes that fulfilling zakat obligations is not only a religious duty but also a pivotal aspect of contributing to the welfare and development of the community.

By contributing Corporate Zakat, AG Nutrition International reaffirms its commitment to ethical business practices and the betterment of society. The company encourages other businesses to join in these efforts, fostering a spirit of collective responsibility and mutual support.

Best regards,

The AG Nutrition Team