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#1
30-12-2014, 11:30 PM
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CHC,CPF,GIC,Temasek, now MUIS in news for lack of transparency
An honorable member of the Coffee Shop Has Just Posted the Following:
Muis turns shylock http://rilek1corner.com/2014/12/27/m...-its-accounts/ MUIS Staying Silent Despite Calls For Greater Transparency On Its Accounts Singapore Muslims For An Independent MUIS Author: Rilek1Corner December 27, 2014 0 Comments Agama, SingapurakuIslam, Malay community, MUIS, Muslim, Singapore, Singaporeans There have been some disclosures made about MUIS on this page recently. Whether it is turning away the needy, the use of zakat to pay MUIS staff salary, lack of transparency in waqf or riba, there are real concerns in how MUIS is conducting itself. For instance, is MUIS dealing with riba with its own subsidiaries? According to MUIS annual report, MUIS charges 3.75% interest on a $29,528,837 loan to its subsidiary. Why is MUIS, supposedly the highest Islamic authority in Singapore dealing with riba? When Allah has declared war against anyone who are involved with riba. We emailed MUIS last Friday and did not even receive an acknowledgement. Click here to view the whole thread at www.sammyboy.com. 
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