MMA made custodian of Zakat Fund

4 days ago

President Dr. Mohamed Muizzu on Saturday ratified legislature making the Maldives Monetary Authority (MMA) the custodian of the Zakat Fund. The government’s zakat bill, sponsored by Vilufushi MP Hassan Waheed, was passed by the Parliament with a unanimous vote of 63 last week. It was ratified by President Muizzu on Saturday morning, and is set to take effect on January 1. According to