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35thAnnual General MeetingFriday, 17 June 2016
12 Ramadhan 1437H
5.00pm
Sapphire, Level 5, Village Hotel Bugis
390 Victoria Street Singapore 188061
35 thAnnual General Meeting
“Energy” by Balinese painter Wayan Gede Susana,
represented by Maya Gallery
LEMBAGA BIASISWA KENANGAN MAULUD
PROPHET MUHAMMAD’S BIRTHDAY MEMORIAL SCHOLARSHIP FUND BOARD
Cogan Kata (Motto)
Dana diagih, Kecemerlangan diraih(Rendering assistance, Enabling excellence)
Penyataan Vis i (Vision Statement)
Untuk menjadi badan dermasiswa yang unggul dalam usaha menjana
masyarakat yang berwibawa(To be a distinguished bursary institution in creating a community of distinction)
Penyataan Mis i (Mission Statement)
Membantu para pelajar dari segi kewangan untuk mencapai
potensi pendidikan mereka(To assist students fi nancially in realising their educational potential)
Nilai Teras (Core Values)
Ihsan (Compassion):
Rasa belas kasihan serta mengamalkan budaya membantu terhadap
orang-orang yang memerlukan(Compassionate and helpful to those in need)
Iltizam (Commitment):
Keterlibatan dan amanah dalam menjalankan tugas(Committed and trustworthy in the execution of duties)
Istiqamah (Consistency):
Bersungguh-sungguh dan berdedikasi dalam melaksanakan tanggungjawab
dan amanah secara berterusan(Truly dedicated and consistent in executing duties and responsibilities)
1
35 thAnnual General Meeting
2
35 thAnnual General Meeting
Minutes of the 34th Annual General Meeting
04
Annual Report for The Year Ended
December 2015
09
Annex A - Amendments to the Constitution
22
Annex B - Membership Nominal Roll
30
Annex C - Individual and Corporate Donors
32
Annex D - Bursary Sponsorship
36
Annex E - LBKM Youth Ambassadors
2015-2016
42
Annex F - Logo 44
Financial Statements for Financial
Year Ended 31st December 2015
45
Statement by Executive Council
46
Auditor’s Report
47
Balance Sheet
49
Statement of Financial Activities
50
Statement of Cash Flows
51
Notes to the Financial Statements
52
Contents
our things support the world: the learning of the wise, the justice of the great, the prayers of the good, and the valor of the brave
Prophet Muhammad (pbuh)
f
3
35 thAnnual General Meeting
Minutes of the 34th Annual General Meeting
Date: Friday 26 June 2015
Time: 5.30 pm
Place: The Landmark, Village Hotel Bugis
Present: Mr Mohamed Ma’mun H M F Suheimi - Chairman
Mr Abdul Samat Ali - ASAS ‘50
Mr Hamzah Abdul Mutalib - Casa Raudha
Mr Abdul Hamid Abdullah - Casa Raudha
Mr A Rohim Sarip - Casa Raudha
Mr Athar Ali Buang - HBI
Mr Abdul Rahman Mustajab - PKMTP*
Mr Hamri Hunar - PKMTP
Mr Kamal Osman - Muhammadiyah
Mr Ramlee Abdul Rahman - Muhammadiyah
Mr Sayid Shufyan Jasin A S - Muhammadiyah
Ustaz Mohd Yusri Yubhi Mohd Yusoff - PERGAS
Ustazah Nur Diana Hanim Abdul Rahman - PERGAS
Mr Md Akbar Jalit - PKMS
Mr Md Azhar Kaharudin - PKMS
Mr Rosli Ramad - PKMS
Ms Amalina Abdul Nasir - SMU MLCC **
Ms Nurul Amani Ahmad Nizari - SMU MLCC
Mr Halil Haji Mansor - Indiv. Member
Mr Hassan Abdullah Thani - Indiv. Member
Mr Ismail Abdullah - Indiv. Member
Mr Mohamad Salihin Mohamad Shah - Indiv. Member
Mr Mohamed Ali Hussin - Indiv. Member
Mr Mohamed Amrin Mohamed Amin - Indiv. Member
Mr Mohamed Alam Din - Indiv. Member
Mr Mohammad Haireez Mohd Jufferie - Indiv. Member
Mr Muhammad Harmizan Abdul Hamid - Indiv. Member
Ms Nadia Yeo - Indiv. Member
Ms Nor Hidayah Mohd Amin - Indiv. Member
Mr Suhaimi Salleh - Indiv. Member
Mr Supki Haji Sidek - Indiv. Member
Dr Syed Harun Taha Alhabsyi - Indiv. Member
Mr Wan Hussin Haji Zoohri - Indiv. Member
* Persatuan Kebajikan Muslim Toa Payoh
** Singapore Management University Malay Language and Cultural Club
4
35 thAnnual General Meeting
1. Adjournment
At 5.30pm, Mr Halil Hj Mansor, Honorary Secretary, announced that the meeting cannot begin at the
scheduled time as there was no quorum. The meeting was adjourned for half an hour.
2. Commencement of Meeting
At 6.00pm, Mr Halil announced that the quorum of 29 members had been met.
Chairman, Mr Ma’mun HMF Suheimi, called the meeting to order.
Afternote: An attendance of 33 members was recorded by the end of the AGM.
3. President’s Address
In his opening address, Mr Suhaimi Salleh gave the following summary of the past year’s programmes
and activities:
1. Bursary, Scholarship and Financial Aid
There was an increase in the amount of bursaries and scholarships disbursed. The amount was
$1.9 million, an increase of $300,000 from the previous year. The number of recipients had also
increased from 1,600 to 1,700.
The total amount of donations and sponsorships reached $2.4m; a half a million increase from the
previous year.
2. Youth Involvement
In line with the leadership succession plan, the younger members were involved in various projects
and, some were also appointed to be members of the Executive Council.
The communication platform between LBKM and student organisations from the local universities
was broadened with the appointment of 8 Youth Ambassadors and involving the Singapore Muslim
Students Overseas Group, through various programmes and activities.
3. Bursary for Part-Time Students
For the fi rst time, a bursary of $1,200 each was awarded to 23 students who were studying part-
time for a fi rst degree. Total amount disbursed for the scheme was $27,600.
4. Scholarships
Since 2010, a total of 26 Prestigious Scholarships had been awarded; amounting to a total of
$275,000. The selection criteria was very stringent, to ensure the prestigiousness of the award.
A Merit Scholarship award was introduced for students who failed to meet the strict criteria of the
Prestigious Scholarship. The value of the scholarship was half the amount of the prestigious
scholarship. Ten scholarships were awarded. It included one student doing Islamic studies who was
not able to meet the criteria for the Prestigious Scholarship award.
The Prestigious Scholarship for Islamic Studies, introduced in 2012, is yet to be awarded for lack of
a suitable candidate.
5. Grants Management Systems
The Bursary Grant Management System was upgraded following the feedback received from users.
5
35 thAnnual General Meeting
In the next few months, a Donor Management System will be introduced to increase the workfl ow
effi ciency of the secretariat. The system will be able to do a matching process between donors
and recipients.
6. Governance
To strengthen and improve transparency on matters of governance, the following were carried out:
a. A consultancy fi rm, RSVP, was engaged to review and improve the Standard Operating
Procedures. Matters reviewed, included the fi nancial structure and procedures and the
creation of a reference manual.
b. To comply with the Personal Data Protection Act of 2012, the administrative workfl ows
in the offi ce were reviewed, audited and improved, by engaging the services of a consultancy
fi rm, Straits Interactive.
c. The Charity Council Evaluation Guidelines were complied with.
d. Amendments to the Constitution were proposed for LBKM to stay relevant in the next
50 years.
7. 50th Anniversary Celebrations
With the objective of encouraging life-long learning amongst the Malay/Muslim Community, two
public lectures were organized. Speakers were Dato’ Ustaz Mohammad Kazim Elias (Malaysia),
Mufti Ismail Menk (Zimbabwe) and Dr Mohd Salah (Medina).
As a climax for LBKM’s 50th anniversary celebrations, a Charity Dinner will be held on 22 January
2016 at the Mandarin Orchard Hotel, with Prime Minister Lee Hsien Loong as the Guest-of-Honour.
A commemorative book will be published to present a collective documentation of LBKM’s vision,
objectives, programmes and also interviews with those who had contributed to LBKM.
4. Confi rmation of the Minutes of Meeting, 33rd AGM held on 17 May 2014 and Matters Arising
The minutes of the AGM had been circulated to all members on 12 June 2015.
Mr Hamzah Abdul Mutalib of Casa Raudha proposed that the minutes be confi rmed. This was seconded
by Mr Mohamad Salihin Mohamad Shah (Individual Member).
Chairman asked the meeting whether there were any objections to confi rming the minutes. As there were
no objections, the minutes were duly confi rmed.
Mr Halil Haji Mansor informed that the external audit fi rm Fadhillah Goh and Co. has merged with the fi rm
Reanda Adept PAC, but its position as an independent audit fi rm remains.
5. Adoption of the Annual Report for the Year ending 31 December 2014
The Annual Report was sent to all members on 12 June 2015.
Mr Halil Haji Mansor informed that Ms Siti Nurnadhirah Mohd Ikhsan (as reported in page 15,
paragraph 5.3.7) who was awarded $15,000 for the Prestigious Scholarship had since returned
her award, following receipt of a full scholarship from A* Star for her PhD studies at University
College London.
As there were no objections, the Annual Report was unanimously approved for adoption.
6
35 thAnnual General Meeting
6. Adoption of the Audited Accounts for the year ending 31 December 2014
The Audited Accounts were incorporated in the Annual Report which was circulated to all members on
12 June 2015.
Mr Suhaimi Salleh reported the following;
a. The market valuation of LBKM’s property at 33 Bussorah Street had increased to $2.5million.
b. LBKM had early-adopted and put into practice the Charity Accounting Standard (CAS) since the
fi nancial year ended 31 December 2011. LBKM could be the fi rst charity in SIngapore that has
adopted the CAS since its introduction in June 2011.
c. The fi nancial position for 2014 was healthy.
Mr Hassan Abdullah Thani (Individual Member) proposed that the fi nancial report and accounting for year
2014 be adopted. This was seconded by Mr Hamri Hunar of PKMTP.
As there were no objections, the Audited Accounts for the year ended 31 December 2014 were
duly adopted.
7. Resolution to Amend the Constitution
Mr Mohd Haireez Mohd Jufferie, Assistant Honorary Treasurer, gave three reasons for the resolution to
amend the Constitution:
1. To correct certain ambiguities
2. To refi ne the language
3. To improve governance
The amendments are listed in Annex A.
Mr Ismail Abdullah (Individual Member) proposed that the amendments be accepted. This was seconded
by Mr Supki Haji Sidek (Individual Member).
Chairman asked the meeting whether there were any objections to accepting the amendments. As there
were no objections, the amendments were accepted.
8. Resolutions Tabled
Mr Halil Haji Mansor informed the meeting that apart from the resolution to amend the Constitution, there
were no other resolutions tabled for the AGM.
9. Any Other Business
There being no other matters, the meeting ended at 6.40pm.
Minutes of meeting recorded by Muhamad Hassim Ahmad, Executive Secretary LBKM.
7
35 thAnnual General Meeting
eek (benefi cial) knowledge, because seeking it for the sake of Allah is a worship. And knowing it makes you more God-fearing; and searching for it is jihad, teaching it to those who do not know is charity, reviewing and learning it more is like tasbeeh. Through knowledge Allah will be known and worshipped.
Ibn Taymiyyah
S
8
35 thAnnual General Meeting
LBKM was set up on 17 February 1966 as a society and was registered under the Charities Act on
16 October 1985.
Unique Entity Number (UEN) : S66SS0027A
Registered Address : 448 Changi Road #04-01
Wisma Indah
Singapore 419975
1. The Executive Council (2014-2016)
President and Members of the Executive Council
Name Designation Occupation, Employer Remarks
Mr Suhaimi Salleh
PresidentChief Executive Offi cer,
SSA Consulting Group
17.05.2014: Appointed
2002-2012: Vice
President
Mr Wan Hussin Haji Zoohri
Immediate Past
PresidentRetired Politician
14.07.2012: Appointed
1994-2012: President
Mr Mohamed Alam Din
Deputy President Retired Teacher
24.05.2014: Appointed
2004-2014: Honorary
Secretary
LEMBAGA BIASISWA KENANGAN MAULUD (LBKM)
Annual Report for the Year Ended31 December 2015
9
35 thAnnual General Meeting
Name Designation Occupation, Employer Remarks
Mr Halil Haji Mansor
Honorary
Secretary
Assistant Account
Director, Singapore
Press Holdings
24.05.2014: Appointed
2012-2014: Assistant
Hon. Secretary
Mr Mohamed Amrin
Mohamed Amin
Assistant Hon.
Secretary
Lawyer, Watson, Farley
and Williams Asia
Practice LLP
Parliamentary
Secretary, Ministry of
Home Affairs
24.05.2014: Appointed
17.10.2015: Resigned
following a political
appointment
Ms Nadia Yeo
Assistant Hon.
Secretary
Assistant Chief
Counsel, Personal Data
Protection Commission
24.05.2014: Co-opted
as a member
17.10.2015: Appointed
Mr Muhammad Harmizan
Abdul Hamid
Honorary
Treasurer
Operations Lead
Engineer, IBM
Manufacturing
Solutions Pte Ltd
24.05.2014: Co-opted
as a member and
appointed
2010-2014: Assistant
Hon. Treasurer
Mr Mohammad Haireez
Mohameed Jufferie
Assistant Hon.
Treasurer
Advocate & Solicitor,
Haridass Ho & Partners24.05.2014: Appointed
Mr Abdul Rahman
Mohd Hanipah
MemberLawyer, Abdul Rahman
Law Corporation24.05.2014
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35 thAnnual General Meeting
Name Designation Occupation, Employer Remarks
Mr Abdul Samat Ali
Member Retired Teacher 24.05.2014
Mr Hamzah Abdul Mutalib
MemberConsultant, Global
Impact Network24.05.2014
Mr Ismail Abdullah
Member Adjunct Teacher, MOE 24.05.2014
Mr Ismail Pantek
MemberManaging Director,
BizMedia Publishing24.05.2014
Mr Muhammad Firdaus
Rahmat
Member Education Offi cer, MOE 24.05.2014
Mr Osman
Abdur Rahim Bagarib
Member Retiree 24.05.2014
11
35 thAnnual General Meeting
Name Designation Occupation, Employer Remarks
Dr Syed Harun Taha Alhabsyi
Member Medical Doctor 24.05.2014
Ms Nadia Ahmad Samdin
MemberProducer (CNA),
Mediacorp
17.10.2015: Co-opted
as a member
Board of Trustees (Scholarship)
Name Designation Date of Appointment
Mr Supki Haji Sidek Chairman 23.09.2014
Ms Fatma Osman Member 17.05.2014
Mr Ibrahim Hassan Member 23.09.2014
Dr Isa Hassan Member 17.05.2014
Mr Maarof Haji Salleh Member 17.05.2014
Mr Mohamed Ma’mun HMF Suheimi Member 17.05.2014
Also elected as Presiding
Chairman of General Meeting
Board of Trustees (Property)
Name Date of Appointment
Mr Sidek Saniff 17.05.2014
Mr Zainul Abidin Rasheed 17.05.2014
Auditors
Name Appointment Date of Appointment
Mr Maskon Rahmat Internal Auditor 17.05.2014
Ms Nor Hidayah Mohd Amin Internal Auditor 17.05.2014
Messrs Fadhillah Goh & Co External Auditor 17.05.2014
12
35 thAnnual General Meeting
2. Objectives
LBKM’s objectives are as follows:
1. To promote, engage in, enhance and/or encourage educational, cultural, social and economic
activities and initiatives.
2. In furtherance of the above objectives, LBKM may, with approval from the relevant authorities where
necessary, do all such things which are incidental, conducive, or related to the attainment of the
objects, particularly as follows:
2.1 To collect and receive donations, zakat, or gifts, especially on the Prophet’s birthday but also
at all other times and occasions.
2.2 To fi nance research projects and publications in relation to the above objects.
3. Policies
1. Funding Sources
LBKM is fi nancially supported by donations and sponsorships from the public.
2. Reserves Policy
The Reserves Policy adopted by LBKM are as follows:
2.1. To maintain its reserves at a level which is at least 3 years of operating expenditure.
2.2. The Executive Council members regularly review the amount of reserves that are required to
ensure that it is suffi cient to fulfi l LBKM’s continuing obligations on quarterly basis.
2.3. The reserves shall not be utilised except with the approval of the President and Honorary
Treasurer or Assistant Honorary Treasurer, and only when the cashfl ow falls below 3 months
of the monthly operating expenses.
3. Confl ict of Interest
Upon appointment or election, Council and staff members are required to read the Confl ict of
Interest Policy, and to sign a Confl ict of Interest Disclosure Declaration form, to confi rm that the
Policy has been understood, and that he or she will fully disclose to the Council when an actual or
potential confl ict of interest situation arises. The Declaration is signed annually.
At a meeting, where a confl ict of interest arises, the member concerned will not vote on the matter
or participate in discussions. He or she must offer to withdraw from the meeting, and the other
Board members will decide if this is required. The basis in arriving at the fi nal decision on the
transaction or contract will be documented in the minutes of meeting.
4. Governance Evaluation - Annual Declaration
The twenty-one item questionnaires by the Commissioner of Charities were all answered
affi rmatively. The questions are on governance issues, constitution, fi nancial matters, responsibilities
of Council members and the general administration.
5. Standard Operating Procedure (SOP)
The SOP - containing the LBKM Constitution, fi nancial procedures, responsibilities of volunteers and
full-time staff, methods of getting contributions and sponsors, confl ict of interest and publicity - was
updated to include the latest procedures and policies.
13
35 thAnnual General Meeting
4. Memberships
A full list of the memberships is shown at Annex B. The membership comprises:
Following amendments to the Constitution, 4 Student Societies were transferred to Student-Organisation
Members.
5. Review of the year 2015
1. Staffi ng
The LBKM Secretariat is manned by fi ve full-time staff comprising, the Executive Secretary, a Senior
Accounts Executive, two Executive Offi cers, and an Executive Assistant. The staffi ng situation is
very stable with no frequent turnover of staff.
Mr Muhamad Hassim Bin Ahmad was appointed as the Executive Secretary since
1 November 1995.
2. Council Meeting
Since the Annual General Meeting on 17 May 2014, the Executive Council met 10 times
(2014 – 4 times and 2015 – 6 times). Matters pertaining to the administration, fi nance, expenditure,
budget, bursary / scholarship allocation and sub-committee reports were tabled, discussed and
approved at the bi-monthly meetings.
3. Board of Trustees (Scholarship) Meeting
Since the Annual General Meeting on 17 May 2014, the Board of Trustees (Scholarship) met 6 times
(2014 – 2 times and 2015 – 4 times). Matters pertaining to the award of bursaries are tabled,
discussed and approved at the meetings.
4. Fund Raising Projects
The following fund raising events/projects were carried out during the year:
• Ramadhan Appeal – approximately 90,000 letters of appeal sent to Muslim individuals during
the month of Ramadhan.
• Friday Mosques’ Collection – the collection was done at all 69 mosques in Singapore by
Madrasah Wak Tanjong Al-Islamiah’s student volunteers.
• Rites of Sacrifi ce –the Qurban project was performed in Central Java.
• Maulid Appeal – approximately 10,000 letters of appeal were sent during the month of Rabiulawal
to Muslim professionals, organizations and other races.
• Contributions through GIRO and Giving.sg – these were the alternative avenues through which
members of the public gave their donations. Donors were also encouraged to contribute via
FAST (ibanking) which is more effi cient and not time consuming.
Institutional Member:
23
(2014 - 27)*
Individual Member:
38
(2014 – 34)
Student-Organisation Member:
5
(new)
14
35 thAnnual General Meeting
5. Donations
The support from the community continues to be positive. There was a signifi cant increase in the
number of donors using their Zakat money to contribute. Individuals and Institutions that contribute
$1,000 or more are listed at Annex C.
6. Bursary Sponsorship
There was a substantial increase in the number of sponsorships for the year; from 180 sponsors
in 2014 to 204 this year. The specifi ed amount per sponsorship is a minimum of $1,800. A list of all
the sponsorships is shown at Annex D.
7. Care and Share Matching Grant
Under the scheme introduced in 2014, to bring the nation together to show care and concern and
to support critical services for the needy, LBKM has received $1.425 million to-date.
8. Computer System
A “Donor, Volunteer, Events Management System” was procured and is already in the initial stage of
implementation. The system serves to automate the daily workfl ow of the Secretariat.
The system will be able to capture donor and donation information, auto-fi ll details on forms for
subsequent donations, acknowledge donor information and generate reports. It will capture
registration information for events, fees, send acknowledgements and also track volunteer activities.
9. Personal Data Protection
To comply with the Personal Data Protection (PDPA) Act 2012, a consulting fi rm, Straits Interactive
Pte Ltd, was engaged to provide an independent audit on the extent of LBKM’s compliance on the
collection, usage and storage of personal data. The practices recommended by the fi rm are already
in place. LBKM was cited by the Personal Data Protection Commission as a charity to be commended
for its PDPA practices.
10. About LBKM
The facts and fi gures on LBKM, the fi nancial statement, activities and services are displayed on the
website: www.lbkm.org.sg.
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35 thAnnual General Meeting
8 January 2015 - Visit by Malaysian
National Energy Foundation
The year began with a visit on 8 January 2015
by personnel from the Malaysian National
Energy Foundation, led by its Director Dato’
Dr Shaari Bin Mohd Nor. The purpose of
the visit was to gain insight on the LBKM
bursary applications management system.
7 February 2015 - Public Lecture by
Ustaz Mohammad Kazim Elias
A public lecture on “Towards the Development of
Knowledgeable Muslims” by Ustaz Mohammad
Kazim Elias from Malaysia was held on 7
February at the Muhajirin Mosque. The lecture
was organized jointly with the mosque’s
management committee to raise funds. There
were approximately 2,000 attendees.
17 February 2015 - Visit by MMPs
The second visit of the year was on 17 February 2015
by the Malay Members of Parliament, led by Dr Yaacob
Ibrahim, Minister for Information, Communications and
the Arts. Accompanying him were Madam Halimah
Yacob (Speaker of Parliament), Associate Professor
Muhammad Faishal Ibrahim, (Parliamentary Secretary,
Ministry of Health & Ministry of Transport) and Mr
Zaqy Mohamad (MP for Chua Chu Kang GRC). The
visit was to share information regarding the education
scene and LBKM’s works with the community.
7 March 2015 - Part-Time Undergraduate
Studies Bursary Award
A simple yet meaningful presentation ceremony was
held at LBKM on 7 March 2015 for twenty-three
recipients of the inaugural part-time undergraduate
bursary award. Each recipient received $1,200
and the total amount disbursed was $27,600.
25 April 2015 - Youth Ambassadors
Programme Launch
The Youth Ambassadors Programme was
launched on 25 April 2015. Eight youth
ambassadors (YAs), from the local universities,
were enlisted to support LBKM in engaging
the institutions’ community. The YAs duties
include the promotion of LBKM’s programmes
and services at the respective campuses.
The YAs’ profi les are listed in Annex E.
Calendar of Events
16
35 thAnnual General Meeting
7 August 2015 - Youth Ambassadors
Eid Celebration
On 7 August 2015, the youth ambassadors
(YAs) organized an Eid Celebration at Darul
Ma’wa Children’s Home for the residents.
8 August 2015 - SG50 KITA
To celebrate Singapore’s Golden Jubilee, LBKM
joined other Malay Muslim Organizations at
the SG50 Kita rally cum exhibition at the ITE
Central, Ang Mo Kio on 8 August 2015.
15 August 2015 - Signing of MOU
between LBKM and NLB
On 15 August 2015, LBKM and the National Library
Board (NLB) signed a historic Memorandum of
Understanding (MOU) at the Pod, National Library.
The MOU marked an agreement betwen the two
organisations to embark on a project to catalogue and
digitize LBKM’s past, current, and future documents,
for ready and easier access to them, and to make the
materials accessible to members of the public. The
Prestigious Scholarship presentation ceremony was
held on the same day at the same event. The Guest-
of-Honour for both events was Dr Yaacob Ibrahim.
29 May 2015 - “Riding the Waves of Globalization”
A second lecture was held at the Singapore EXPO on 29 May 2015 titled “Riding the Waves of Globalization”. The speakers were Mufti Ismail Menk from Zimbabwe and Dr Muhammad Salah from America. The event, organized jointly with Madrasah Al-Arabiah, was not only to raise awareness on the importance of education and spirit of excellence but also to showcase LBKM to the English-speaking Muslim community. It was attended by approximately 1,500 participants.
10 October 2015 - Keppel Club Gala Dinner
On 10 October 2015, Keppel Club held a Charity
Golf Tournament in aid of ten charities. For
three years consecutively, LBKM was one of the
benefi ciaries, receiving $100,000 annually.
photo credit: Keppel Club facebook page
17 -18 October 2015 - 6th Strategic Planning
Seminar
LBKM’S 6th Strategic Planning Seminar was held on 17-18 October 2015 at the Holiday Inn Resort, Batam. Members of the Executive Council, Board of Trustees, Individual and Institutional Members, past recipients and youth groups formed the 35 participants at the Seminar. A progress report on the recommendations and follow-up actions of the strategic planning seminar in 2014 was discussed together with LBKM’s current programmes and future directions.
17
35 thAnnual General Meeting
7 November 2015 - Launch of “The Pursuit
of Knowledge”
The RIMA-LBKM publication, “The Pursuit of
Knowledge”, was launched at the Singapore
Management University on 7 November 2015.
Mr Amrin Amin, Parliamentary Secretary Ministry
of Home Affairs was the Guest-of-Honour.
12 November 2015 - Visit by NCSS
On 12 November 2015, Ms Fiona Tan, Manager
Membership Advocacy & Membership Group,
National Council of Social Service, paid a
visit to observe LBKM’s programmes and
activities. Following the visit, LBKM’s status as
an affi liate was raised to full membership. Logo credit: NCSS website
21 November 2015 - Launch of New Logo
LBKM’s new logo was launched at the 50th
Annual Bursary Presentation Ceremony. As a
dynamic organisation, LBKM recognises the need
to keep up with an ever changing world while
remaining steadfast, dynamic and open. The new
logo seeks to refl ect these values by LBKM.
A full description of the logo is given at Annex F.
9 December 2015 - Visit by Islamic
Development Bank
Towards the end of the year, on 9 December 2015, LBKM hosted a visit from Mr Adel Abdulwahab A Sindi and Mr Mohammad Iftekahar, the Scholarship Specialist and Scholarship Associate respectively of the Islamic Development Bank Group, Saudi Arabia. They were here to showcase the Group’s mission to transform youths into professionals, through their science and technology interest free grant.
13 December 2015 - Project Maju-Lah
The youth ambassadors (YAs) organized “Project
Maju-Lah”, an event which allows students to
network with young Muslim working adults of various
professions and disciplines on 13 December 2015.
21 November 2015 - 50th Annual Bursary
Presentation Ceremony
The 50th Annual Bursary Presentation Ceremony was held on Saturday, 21 November 2015 at the Singapore Polytechnic Convention Centre. The Guest-of-Honour was Mr Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport. The Minister, together with Mr Abdul Rahim Valibhoy - a long-standing bursary sponsor - presented bursary cheques to 500 tertiary level students, from local and overseas universities.
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35 thAnnual General Meeting
12. Bursary Awards
2015 saw a decline in the number of bursaries awarded. This was a result of students being
encouraged to get assistance from their own institutions, Ministry of Education or other agencies;
where the value of assistance is higher. In total 1,427 students were given assistance amounting
to $1,637,080, lower than the previous year where 1,627 students were awarded a total of $1,733,665
worth of bursaries and study grants.
The breakdown is as follows:
• Secular stream: 632 students, amount awarded $749,800 (2014 – 835 students,
amount disbursed $937,260)
• Religious stream: 795 students, amount awarded $887,280 (2014 – 792 students,
amount disbursed $796,405)
13. The Prestigious Scholarship
This was the sixth year of award for undergraduates studying at the top ten universities of the world
and for those undertaking Masters or Doctoral studies in specialized disciplines at renowned
institutions of higher learnings. The recipients are as follows:
Name Institution Course of Study Amount
Muhammad Ashraf Bin Yusoff University College
London
BSc Medicine & Surgery $10,000
Siti Rasyidah Binte Mohamed
Shariff
University College
London
BSc Psychology $10,000
Khalilatul Hanisah Binte Mohd
Kahliab
University College
London
BSc Biochemistry $10,000
Abdul Halim Bin Ali Akbar Imperial College
London
MEng Aeronautical
Engineering
$15,000
Siti Syuhada Binte Faizal Newcastle University PhD in Education,
Communications &
Language Sciences
$15,000
20142015
$1,6
37,0
80
$1,7
33,6
65
20142015
1427 s
tud
en
ts
1627 s
tud
en
ts$60,000
19
35 thAnnual General Meeting
14. The Merit Scholarship
The Merit Scholarship was introduced in 2014, for deserving and meritorious applicants who had not
received the Prestigious Scholarship due to its stringent criteria. Recipients of the awards are
as follows:
Name Institution Course of Study Amount
Muslihah Albakri University of
Cambridge
MPhil Social & Dev.
Psychology
$ 7,500
Sheik Abdul Hafi dz Bin Sheik A
Hamid
Imperial College
London
MSc Advanced
Chemical Engineering
$ 7,500
Tengku Siti Nuraisha Binte Tengku
Sri Indra
King’s College London Masters in Laws $ 7,500
Nurhidayahti Binte Mohammad
Miharja
University of Edinburgh PhD in Sociology $ 7,500
Noorul Raaha As'art King’s College London PhD in Education &
Professional Studies
$ 7,500
Siti Nurbaya Yaakub King’s College London PhD in Clinical
Neuroscience
$ 7,500
Tuty Raihanah Binte Mostarom King’s College London PhD in Theology &
Religious Studies
$ 7,500
Muhammad Amirullah Bin Mohamed
Aziz
University of Texas at
Austin
PhD in French &
Francophone Studies
$ 7,500
Suen Johan Bin Mohd Zain University of
Cambridge
PhD in Sociology $ 7,500
Mohammad Rizhan Bin Leman International Islamic
University Malaysia
PhD in Fiqh & Usul
Fiqh
$ 7,500
15. Financial Scheme for ITE Students
The assistance and merit schemes introduced in 1992 for ITE students continued into its
17th year. Annually, $10,000 is allocated for needy Muslim students and $21,600 for students
who achieved excellence in their fi rst year examinations. The needy student bursaries were
given a dollar for dollar backing by ITE. Students receiving the excellence award were given
$100 to $300 cash per person plus a certifi cate.
16. Formation of Sub Committees
In the course of the year, the following committees were formed to organize LBKM’s
50th Anniversary celebrations:
• Steering Committee
• Commemorative Book Sub-committee
• Dinner Sub-committee
• Seminar Sub-committee
• Fund Raising and Corporate Communication Sub-committee
$75,000
20
35 thAnnual General Meeting
6. Review of fi nancial state and explanation of major fi nancial
transactions
The bursary / sponsorship donation received has increased by about $470,000 as compared to
2014. The overall surplus has increased largely due to the funds received from the Care and Share
Matching Scheme.
7. Review and changes in policy
Amendments to the Constitution, as approved at the 34th AGM, were adopted, following the approval of
the Commissioner of Charities and the Registrar of Societies on 18 September 2015.
8. The purpose for which the charity’s assets are held
The property located at No 33 Bussorah Street was purchased in 2003 to generate revenue from the
rental income. Since 1 December 2008, the tenant was paying rent at $6,000 per month.
Throughout the year, the value of the property fl uctuated; varying from a low of $2.5 million to a high of
$2.8 million.
9. Future plans and commitments
LBKM has indeed achieved much in its journey of giving through the last fi ve decades.
Some of the initiatives planned for the future include an Impact Assessment Evaluation Research that will
evaluate whether the assistance rendered by LBKM has fulfi lled its objectives. A Volunteer Management
System will also be developed; the newly developed system will integrate with the Bursary Management
System, linking volunteer records with bursary recipients. To create new revenue sources, LBKM will
be diversifying investments and widening the range or type of disbursements. To increase current
competencies, LBKM will embark on capability-building initiatives. The image rebranding of LBKM will
also be enhanced through real-time communications via the website and Facebook page, and on other
social media platforms.
As LBKM maps out its plans for the next decade, it needs to remain attentive to existing challenges as
well as new ones. Potential problems may arise in the form of slow leadership renewal, the ever-changing
and increasingly complex education landscape, and increasing competition for the same pool of donors
and sponsors.
InsyaAllah, with the support of the community, the Council’s stewardship and guidance, and the staff’s
dedication and trustworthiness, LBKM will overcome the challenges ahead.
On behalf of the Executive Council.
HALIL HAJI MANSOR
Honorary Secretary
21
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMMA
nn
ex A
Ame
ndme
nts to
the C
onsti
tution
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
3O
BJEC
TIV
ES
The
obje
ctiv
es o
f the
Soc
iety
are
:
(3) t
o pr
omot
e an
d en
cour
age
educ
atio
nal,
cultu
ral,
soci
al a
nd e
cono
mic
, in
clud
ing
finan
cing
res
earc
h pr
ojec
ts an
d pu
blic
atio
ns.
3O
BJEC
TIV
ES
The
obje
ctiv
es o
f the
Soc
iety
are
:
(3)
topr
omot
e,
enga
ge
in,
enha
nce
and/
or
enco
urag
e ed
ucat
iona
l, cu
ltura
l, so
cial
an
d ec
onom
ic a
ctiv
ities
and
initi
ativ
es.
The
exist
ing
Rule
is
prop
osed
to
be a
men
ded
to p
rovi
de c
larit
y on
th
e ob
ject
ives
of t
he S
ocie
ty.
3O
BJEC
TIV
ES
The
obje
ctiv
es o
f the
Soci
ety
are:
(4)
In f
urth
eran
ce o
f th
e ab
ove
obje
ctiv
es,
the
Soci
ety
may
, w
ith
appr
oval
of
th
e re
leva
nt
auth
oriti
es w
here
nec
essa
ry,
do a
ll su
ch t
hing
s w
hich
are
inci
dent
al o
r con
duci
ve to
the
atta
inm
ent
of th
e ob
ject
s, an
d pa
rticu
larly
as f
ollo
ws:
(i)to
co
llect
an
d re
ceiv
e do
natio
ns
or
gifts
es
peci
ally
on
the
Prop
het’s
birt
hday
but
also
at a
ll tim
es a
nd o
ccas
ions
.
(ii) N
ew R
ule
3O
BJEC
TIV
ES
The
obje
ctiv
es o
f the
Soc
iety
are
:
4) I
n fu
rther
ance
of
the
abov
e ob
ject
ives
, th
e So
ciet
y m
ay,
with
ap
prov
al
of
the
rele
vant
au
thor
ities
whe
re n
eces
sary
, do
all
such
thi
ngs
whi
ch a
re in
cide
ntal
or c
ondu
cive
to th
e at
tain
men
t of
the
obje
cts,
and
parti
cula
rly a
s fol
low
s:
(i) t
o co
llect
and
rec
eive
don
atio
ns, z
akat
or g
ifts
espe
cial
ly o
n th
e Pr
ophe
t’s b
irthd
ay b
ut a
lso a
t all
times
and
occ
asio
ns.
(ii) t
o fin
ance
rese
arch
pro
ject
s an
d pu
blic
atio
ns in
re
latio
n to
the
abov
e ob
ject
s.
The
exist
ing
Rule
4(i)
is p
ropo
sed
to
be
amen
ded
to
refle
ct
the
Soci
ety’
s ca
paci
ty
to
acce
pt
Zaka
t.
The
cont
ents
of th
e pr
opos
ed R
ule
3(4)
(ii)
wer
e in
itial
ly r
efle
cted
in
the
exist
ing
Rule
3(3
). It
is no
w
prop
osed
to r
efle
ct th
ose
cont
ents
in t
he p
ropo
sed
Rule
3(4
)(ii)
as
the
flow
an
d str
uctu
re
bette
r ac
cord
with
the
inte
nt a
nd p
urpo
se
of R
ule
3.
22
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
4M
EMBE
RSH
IP Q
UA
LIFI
CA
TIO
N
Ther
e sh
all b
e th
ree
type
s of m
embe
rshi
p , n
amel
y:
(1)
Insti
tutio
nal M
embe
rshi
pis
open
to
all
Mus
lim o
rgan
isatio
ns r
egist
ered
in
Sing
apor
e.
(2)
Indi
vidu
al M
embe
rshi
pis
open
to a
ll in
divi
dual
Mus
lims w
ho h
ave
atta
ined
18
yea
rs o
f age
in S
inga
pore
.
(3)
Ass
ocia
te M
embe
rshi
pis
open
to
all
non-
Mus
lim i
ndiv
idua
ls w
ho h
ave
atta
ined
18
year
s of
age
and
oth
er o
rgan
isatio
ns
regi
stere
d in
Sin
gapo
re.
(4)
New
Rul
e
4M
EMBE
RSH
IP Q
UA
LIFI
CA
TIO
N
Ther
e sh
all
be f
our
(4)
type
s of
mem
bers
hip,
nam
ely:
(1)
Insti
tutio
nal M
embe
rshi
pis
open
to
all
Mus
lim o
rgan
isatio
ns r
egist
ered
in
Sing
apor
e.
(2)
Indi
vidu
al M
embe
rshi
pis
open
to a
ll in
divi
dual
Mus
lims w
ho h
ave
atta
ined
18
yea
rs o
f age
in S
inga
pore
.
(3)
Ass
ocia
te M
embe
rshi
pis
open
to
all
non-
Mus
lim i
ndiv
idua
ls w
ho h
ave
atta
ined
18
year
s of
age
and
oth
er o
rgan
isatio
ns
regi
stere
d in
Sin
gapo
re.
(4)
Stud
ent-O
rgan
izat
ion
Mem
bers
hip
is op
en t
o al
l M
uslim
stu
dent
org
anisa
tions
in
Sing
apor
e.
The
exist
ing
Rule
is
amen
ded
to
incl
ude
a ne
w
cate
gory
of
m
embe
rshi
p sp
ecifi
cally
ca
tere
d to
stu
dent
or
gani
zatio
ns
in
reco
gniti
on
of
the
grow
ing
colla
bora
tion
betw
een
the
Soci
ety
and
stude
nt o
rgan
izat
ions
and
to
furth
er i
nteg
rate
and
enh
ance
the
re
latio
nshi
p be
twee
n th
e tw
o.
5M
EMBE
RSH
IP B
Y IN
VIT
ATI
ON
All
mem
bers
hips
sh
all
be
by
invi
tatio
n fro
m
Exec
utiv
e Co
unci
l
5M
EMBE
RSH
IP B
Y IN
VIT
ATI
ON
All
mem
bers
hips
sha
ll be
by
invi
tatio
n fro
m t
he
Exec
utiv
e Co
unci
l an
d m
ay
be
revo
ked
or
with
draw
n by
the
Exec
utiv
e Co
unci
l by
a tw
o-th
ird
maj
ority
vot
e of
the
Exec
utiv
e Co
unci
l mem
bers
.
The
exist
ing
Rule
is
amen
ded
to
expr
essly
con
fer o
n th
e Ex
ecut
ive
Coun
cil
the
right
to
te
rmin
ate
mem
bers
hip
(as
defin
ed
unde
r Ru
le 4
) by
a s
peci
al m
ajor
ity.
This
was
not
exp
ress
ly p
rovi
ded
for i
n th
e Co
nstit
utio
n.
23
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
6M
EMBE
RSH
IP R
IGH
TS
(2) T
he to
tal n
umbe
r of I
nstit
utio
nal M
embe
rs to
be
vote
d to
offi
ce sh
all n
ot b
e le
ss th
an fo
ur.
6M
EMBE
RSH
IP R
IGH
TS
(2) T
he to
tal n
umbe
r of I
nstit
utio
nal M
embe
rs to
be
vote
d to
offi
ce s
hall
not
be l
ess
than
fou
r. In
the
ev
ent t
he e
lect
ed r
epre
sent
ativ
e of
the
Insti
tutio
nal
Mem
ber
is no
lo
nger
a
repr
esen
tativ
e of
th
e In
stitu
tiona
l M
embe
r or
tha
t In
stitu
tiona
l M
embe
r ce
ases
to b
e a
mem
ber,
for w
hate
ver r
easo
n du
ring
the
term
of h
is of
fice
in th
e Ex
ecut
ive
Coun
cil,
that
el
ecte
d re
pres
enta
tive’
s m
embe
rshi
p in
th
e Ex
ecut
ive
Coun
cil
shal
l te
rmin
ate
forth
with
. Th
e va
canc
y m
ay n
ot b
e fil
led
until
the
next
ele
ctio
n.
The
prop
osed
am
endm
ents
are
mad
e to
pro
vide
cla
rity
as t
o th
e po
sitio
n of
an
el
ecte
d re
pres
enta
tive
of a
n In
stitu
tiona
l M
embe
r in
th
e ev
ent
(i)
his
asso
ciat
ion
with
tha
t In
stitu
tiona
l m
embe
r ce
ases
or
(ii
) th
e In
stitu
tiona
l Mem
ber
no lo
nger
is
a m
embe
r of t
he S
ocie
ty.
6M
EMBE
RSH
IP R
IGH
TS
(5)
The
quor
um o
f th
e G
ener
al M
eetin
g sh
all
be
25%
of
the
tota
l vo
ting
mem
bers
hip
or 3
0 vo
ting
mem
bers
, whi
chev
er is
the
less
er.
(6) N
ew R
ule
6M
EMBE
RSH
IP R
IGH
TS
(5) R
enum
bere
d to
(6) a
nd re
plac
ed w
ith:
Stud
ent-O
rgan
izat
ion
Mem
bers
m
ay
send
a
max
imum
num
ber
of th
ree
dele
gate
s to
atte
nd th
e G
ener
al M
eetin
g. A
ll th
ree
dele
gate
s fro
m e
ach
Stud
ent M
embe
r sha
ll be
ent
itled
to ta
ke p
art i
n th
e pr
ocee
ding
s and
hav
e a
colle
ctiv
e vo
te o
f one
(1).
(6)
The
quor
um o
f th
e G
ener
al M
eetin
g sh
all
be
25%
of
the
tota
l vo
ting
mem
bers
hip
or 3
0 vo
ting
mem
bers
, whi
chev
er is
the
less
er.
In
line
with
th
e pr
opos
ed
amen
dmen
ts to
cr
eate
a
new
ca
tego
ry o
f stu
dent
-org
aniz
atio
n m
embe
rshi
p,
Rule
6(
5)
is pr
opos
ed t
o be
add
ed t
o pr
ovid
e St
uden
t O
rgan
izat
ion
Mem
bers
w
ith th
e rig
ht to
par
ticip
ate
in th
e G
ener
al M
eetin
g an
d th
e rig
ht t
o vo
te.
24
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
8A
GEN
DA
(1) A
t lea
st tw
o w
eeks
’ not
ice
shal
l be
give
n w
hen
sum
mon
ing
an A
nnua
l G
ener
al M
eetin
g, a
nd a
t le
ast
seve
n da
ys f
or a
ny E
xtra
ordi
nary
Gen
eral
M
eetin
g.
8A
GEN
DA
(1) A
t lea
st tw
o w
eeks
’ not
ice
shal
l be
give
n w
hen
sum
mon
ing
an A
nnua
l G
ener
al M
eetin
g, a
nd a
t le
ast
ten
(10)
day
s fo
r an
y Ex
traor
dina
ry G
ener
al
Mee
ting.
The
notic
e re
quire
men
ts in
resp
ect
of s
umm
onin
g an
Ext
raor
dina
ry
Gen
eral
Mee
ting
in R
ule
7(4)
and
th
eex
istin
g Ru
le
8(1)
ar
e ar
guab
ly in
cons
isten
t. Th
e fo
rmer
re
quire
s a
notic
e-pe
riod
of
10
days
whe
reas
the
latte
r re
quire
s a
notic
e-pe
riod
of
7 da
ys.
The
exist
ing
Rule
8(
1)
is th
eref
ore
amen
ded
to
mak
e th
e tw
o co
nsist
ent.
8A
GEN
DA
(2) T
he fo
llow
ing
shal
l be
cons
ider
ed a
t the
Ann
ual
Gen
eral
Mee
ting:
(d)
at a
ltern
ate
Ann
ual
Gen
eral
Mee
tings
, to
elec
t th
e fo
llow
ing
offic
e be
ars f
or a
two-
year
tenu
re.
8A
GEN
DA
(2) T
he fo
llow
ing
shal
l be
cons
ider
ed a
t the
Ann
ual
Gen
eral
Mee
ting:
(d)
atal
tern
ate
Ann
ual G
ener
al M
eetin
gs, t
o el
ect
the
follo
win
g of
fice
bear
s for
a tw
o-ye
ar te
rm.
The
wor
d “t
enur
e” a
nd “
term
” ha
ve b
een
used
inte
rcha
ngea
bly
at
vario
us
Rule
s. Th
e pr
opos
ed
amen
dmen
ts ar
e m
ade
to e
nsur
e on
ly t
he w
ord
“ter
m”
is us
ed i
n pl
ace
of t
he w
ord
“ten
ure”
for
co
nsist
ency
.
8A
GEN
DA
(2) T
he fo
llow
ing
shal
l be
cons
ider
ed a
t the
Ann
ual
Gen
eral
Mee
ting:
(d)
at a
ltern
ate
Ann
ual
Gen
eral
Mee
tings
, to
elec
t th
e fo
llow
ing
offic
e be
ars f
or a
two-
year
tenu
re.
(i) P
resid
ent
8A
GEN
DA
(2) T
he fo
llow
ing
shal
l be
cons
ider
ed a
t the
Ann
ual
Gen
eral
Mee
ting:
(d)
at a
ltern
ate
Ann
ual G
ener
al M
eetin
gs, t
o el
ect
the
follo
win
g of
fice
bear
s for
a tw
o-ye
ar te
nure
.
(i) P
resid
ent –
the
cand
idat
e se
ekin
g to
be
elec
ted
as a
Pre
siden
t m
ust
have
ser
ved
at l
east
one
full
term
of
two
(2)
year
s in
the
Exec
utiv
e Co
unci
l in
the
imm
edia
te
prec
edin
g te
rm
in
any
offic
e po
sitio
n.
The
exist
ing
Rule
is
amen
ded
to
ensu
re
that
a
cand
idat
e w
ho
deci
des
to s
tand
for e
lect
ions
as
a Pr
esid
ent
mus
t ha
ve
had
prio
r im
med
iate
exp
erie
nce
in b
eing
an
Exec
utiv
e Co
unci
l M
embe
r be
fore
he
has
the
right
to s
tand
as
a Pr
esid
entia
l nom
inee
.
25
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
8A
GEN
DA
(2) T
he fo
llow
ing
shal
l be
cons
ider
ed a
t the
Ann
ual
Gen
eral
Mee
ting:
(f) a
ny o
ther
mat
ters
for w
hich
a n
otic
e, in
writ
ing,
ha
d be
en g
iven
sev
en d
ays
befo
re t
he d
ate
of t
he
Ann
ual G
ener
al M
eetin
g.
8A
GEN
DA
(2) T
he fo
llow
ing
shal
l be
cons
ider
ed a
t the
Ann
ual
Gen
eral
Mee
ting:
(f) a
ny o
ther
mat
ters
for
whi
ch a
not
ice
in w
ritin
g sig
ned
by t
he p
ropo
ser
and
coun
ter-s
igne
d by
a
seco
nder
, ha
d be
en g
iven
and
rec
eive
d by
the
So
ciet
y se
ven
days
bef
ore
the
date
of
the
Ann
ual
Gen
eral
Mee
ting.
The
exist
ing
Rule
is
amen
ded
to
prov
ide
clar
ity a
s to
the
pro
cess
an
d m
echa
nism
by
w
hich
a
Mem
ber
of th
e So
ciet
y m
ay r
aise
a
mat
ter
to b
e co
nsid
ered
at
the
Ann
ual G
ener
al M
eetin
g.
8A
GEN
DA
(4)
All
elec
ted
offic
ers
may
be
re
-ele
cted
at
al
tern
ate
Ann
ual
Gen
eral
Mee
tings
. H
owev
er,
the
Hon
orar
y Tr
easu
rer
shal
l no
t se
rve
for
mor
e th
an
two
cons
ecut
ive
term
s of o
ffice
.
8A
GEN
DA
(4)
All
elec
ted
offic
ers
may
be
re
-ele
cted
at
al
tern
ate
Ann
ual
Gen
eral
Mee
tings
unl
ess
they
ha
ve s
erve
d fo
r fo
ur (
4) c
onse
cutiv
e te
rms
of 8
ye
ars
bear
ing
the
sam
e of
fice
posit
ion
in
the
Exec
utiv
e Co
unci
l pr
ior
to
the
re-e
lect
ion.
H
owev
er,
the
Hon
orar
y Tr
easu
rer
shal
l no
t se
rve
for m
ore
than
two
(2) c
onse
cutiv
e te
rms o
f offi
ce o
f 4
year
s.
The
exist
ing
Rule
allo
ws
elec
ted
offic
ers
to
stay
in
offic
e in
pe
rpet
uity
with
the
exc
eptio
n of
th
e H
onor
ary
Trea
sure
r. Th
e pr
opos
ed a
men
dmen
ts ar
e m
ade
to
delic
atel
y ba
lanc
e tw
o co
mpe
ting
inte
rests
: (i)
en
sure
so
me
mea
sure
of c
ontin
uity
whi
le
at th
e sa
me
time
(ii) m
itiga
te ri
sks
of
abus
e as
soci
ated
w
ithpe
rpet
uity
an
d pr
omot
e ac
tive
succ
essio
n pl
anni
ng.
11EX
ECU
TIV
E C
OU
NC
IL
(1)
The
Exec
utiv
e Co
unci
l sh
all
com
prise
th
e fo
llow
ing:
(g) S
ix C
ounc
il M
embe
rs. T
hree
Cou
ncil
Mem
bers
may
be
co-o
pted
by
the
Exec
utiv
e Co
unci
l.
11EX
ECU
TIV
E C
OU
NC
IL
(1)
The
Exec
utiv
e Co
unci
l sh
all
com
prise
th
e fo
llow
ing:
(g)
Six
Coun
cil
Mem
bers
. A
n ad
ditio
nal
thre
e Co
unci
l M
embe
rsm
ay
be
co-o
pted
by
th
e Ex
ecut
ive
Coun
cil.
The
exist
ing
Rule
is
amen
ded
to
mak
e it
clea
r th
at T
hree
Cou
ncil
Mem
bers
m
ay
be
co-o
pted
in
ad
ditio
n to
th
e el
ecte
d Si
x Co
unci
l Mem
bers
.
26
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
11EX
ECU
TIV
E C
OU
NC
IL
(2) T
he Im
med
iate
Pas
t Pre
siden
t may
be
invi
ted
by
the
Exec
utiv
e Co
unci
l as
a m
embe
r, pr
ovid
ed h
e ha
s se
rved
th
e fu
ll te
rm
of
two
(2)
year
s as
Pr
esid
ent i
n th
e im
med
iate
pre
cedi
ng te
rm.
(3) N
ew ru
le
(4) N
ew ru
le
11EX
ECU
TIV
E C
OU
NC
IL
(2)
The
Imm
edia
te P
ast
Pres
iden
t m
ay b
e in
vite
d by
the
Exec
utiv
e Co
unci
l as a
mem
ber,
prov
ided
he
has
serv
ed t
he f
ull
term
of
two
(2)
year
s as
Pr
esid
ent i
n th
e im
med
iate
pre
cedi
ng te
rm.
(3)P
ast
Pres
iden
t(s)
may
also
be
invi
ted
by t
he
Exec
utiv
e Co
unci
l as
a m
embe
rof
the
Exe
cutiv
e Co
unci
l.
(4)
For
the
avoi
danc
e of
dou
bt,
the
Exec
utiv
e Co
unci
l’s ri
ghts
unde
r Rul
e 11
(2) a
nd 1
1(3)
are
in
addi
tion
to a
nd w
ithou
t pre
judi
ce to
its r
ight
s to
co-
opt
thre
e (3
) Co
unci
l M
embe
rs p
ursu
ant
to R
ule
11(1
)(g).
The
prop
osed
am
endm
ents
are
mad
e w
ith t
he v
iew
of
affo
rdin
g th
e Ex
ecut
ive
Coun
cil
with
the
di
scre
tion
to in
vite
Pas
t Pre
siden
ts to
co
ntin
ue
bein
g pa
rt of
th
e Ex
ecut
ive
Coun
cil
and
allo
ws
Past
Pres
iden
ts to
co
ntin
ue
cont
ribut
ing
to t
he S
ocie
ty.
The
prop
osed
Rul
e 11
(4) i
s to
mak
e it
clea
r th
at t
he i
nvita
tion
of t
he
Imm
edia
te P
ast P
resid
ent a
nd P
ast
Pres
iden
t do
es n
ot d
erog
ate
from
th
e Ex
ecut
ive
Coun
cil’s
rig
hts
to
co-o
pt th
ree
Coun
cil M
embe
rs.
12M
EETI
NG
S O
F TH
E EX
ECU
TIV
E C
OU
NC
IL
(4)
Any
mem
ber
of th
e Co
unci
l abs
entin
g hi
mse
lf fro
m
thre
e m
eetin
gs
cons
ecut
ivel
y w
ithou
t sa
tisfa
ctor
y ex
plan
atio
n sh
all
be d
eem
ed t
o ha
ve
with
draw
n fro
m t
he C
ounc
il an
d a
succ
esso
r m
ay
be c
o-op
ted
by th
e Co
unci
l to
serv
e un
til th
e ne
xt
elec
tion.
12M
EETI
NG
S O
F TH
E EX
ECU
TIV
E C
OU
NC
IL
(4)
Any
mem
ber
of t
he C
ounc
il w
ho d
oes
not
atte
nd
thre
e m
eetin
gs
cons
ecut
ivel
y w
ithou
t sa
tisfa
ctor
y ex
plan
atio
n, a
s to
be
dete
rmin
ed b
y th
e Co
unci
l in
its
sole
disc
retio
n, m
ay b
e w
ithdr
awn
from
the
Cou
ncil,
at
the
Coun
cil’s
opt
ion,
and
a
succ
esso
r may
be
co-o
pted
by
the
Coun
cil t
o se
rve
until
th
e ne
xt
elec
tion
notw
ithsta
ndin
g an
y pr
ovisi
ons o
ther
wise
.
The
exist
ing
Rule
is
amen
ded
to
prov
ide
clar
ity a
s to
the
pos
ition
of
any
mem
ber
of t
he E
xecu
tive
Mem
ber
who
co
nsec
utiv
ely
abse
nts
him
/ h
erse
lf fo
r th
ree
Coun
cil m
eetin
gs.
27
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
12M
EETI
NG
S O
F TH
E EX
ECU
TIV
E C
OU
NC
IL
(5)
At
all
Exec
utiv
e Co
unci
l m
eetin
gs,
mat
ters
re
latin
g to
the
polic
ies,
struc
ture
s an
d co
mpo
sitio
n of
the
Soci
ety,
a tw
o-th
ird m
ajor
ity o
f the
mem
bers
of
the
Exe
cutiv
e Co
unci
l is
nece
ssar
y fo
r an
y re
solu
tion
to b
e pa
ssed
.
12M
EETI
NG
S O
F TH
E EX
ECU
TIV
E C
OU
NC
IL
(5)
Unl
ess
othe
rwise
pro
vide
d in
this
Cons
titut
ion,
an
y re
solu
tions
at
all
Exec
utiv
e Co
unci
l m
eetin
gs
may
be
pass
ed b
y a
simpl
e m
ajor
ity o
f the
Cou
ncil
mem
bers
pre
sent
dur
ing
such
mee
tings
.
The
exist
ing
Rule
is
amen
ded
to
prov
ide
clar
ity
that
a
simpl
e re
solu
tion
is su
ffici
ent t
o pa
ss a
ny
reso
lutio
ns
at
the
Exec
utiv
e Co
unci
l M
eetin
gs
unle
ss
othe
rwise
pr
ovid
ed
in
the
Cons
titut
ion.
Mat
ters
rel
atin
g to
“s
truct
ures
and
com
posit
ion
of th
e So
ciet
y” a
re m
atte
rs r
elat
ing
to
the
Cons
titut
ion
and
Rule
20
al
read
y pr
ovid
es f
or a
men
dmen
ts to
th
ose
requ
ire
a sp
ecia
l re
solu
tion
to
be
pass
ed
at
the
Gen
eral
Mee
ting
in a
dditi
on to
the
appr
oval
of
th
e Re
gistr
ar
of
Soci
etie
s an
d Co
mm
issio
ner
of
the
Char
ities
.
14D
UTI
ES O
F O
FFIC
IALS
(5)
The
Hon
orar
y Tr
easu
rer
shal
l ke
ep r
ecor
ds o
f al
l fu
nds
and
colle
ct a
nd d
isbur
se a
ll m
onie
s on
be
half
of th
e So
ciet
y. H
e sh
all k
eep
an a
ccou
nt o
f al
l m
onet
ary
trans
actio
ns a
nd s
hall
be r
espo
nsib
le
for
the
corre
ctne
ss o
f th
e ac
coun
ts. H
e sh
all
not
keep
mor
e th
an o
ne th
ousa
nd d
olla
rs ($
1,00
0.00
) in
the
form
of
cash
. Mon
ey in
exc
ess
of th
is am
ount
sh
all
be d
epos
ited
in a
ban
k to
be n
amed
by
the
Exec
utiv
e Co
unci
l. Th
e au
thor
ised
signa
torie
s of
th
e So
ciet
y's
bank
acc
ount
/s sh
all b
e by
any
two
of
the
follo
win
g of
fice
bear
ers:
the
Pres
iden
t, H
onor
ary
Trea
sure
r or H
onor
ary
Secr
etar
y.
14D
UTI
ES O
F O
FFIC
IALS
(5)
The
Hon
orar
y Tr
easu
rer
shal
l ke
ep r
ecor
ds o
f al
l fu
nds
and
colle
ct a
nd d
isbur
se a
ll m
onie
s on
be
half
of th
e So
ciet
y. H
e sh
all k
eep
an a
ccou
nt o
f al
l m
onet
ary
trans
actio
ns a
nd s
hall
be r
espo
nsib
le
for
the
corre
ctne
ss o
f th
e ac
coun
ts. H
e sh
all
not
keep
mor
e th
an o
ne th
ousa
nd d
olla
rs ($
1,00
0.00
) in
the
form
of
cash
. Mon
ey in
exc
ess
of th
is am
ount
sh
all
be d
epos
ited
in a
ban
k to
be
nam
ed b
y th
e Ex
ecut
ive
Coun
cil.
The
auth
orise
d sig
nato
ries
of
the
Soci
ety’
s ba
nk a
ccou
nt/s
shal
l jo
intly
be
the
Pres
iden
t and
the
Hon
orar
y Tr
easu
rer o
r in
eith
er o
f th
eir
abse
nce,
the
Hon
orar
y Se
cret
ary
and/
or t
he
Ass
istan
t Hon
orar
y Tr
easu
rer.
The
exist
ing
Rule
is
amen
ded
to
refle
ct
the
posit
ion
that
th
e Pr
esid
ent
and
the
Hon
orar
y Tr
easu
rers
sho
uld
by d
efau
lt, b
e th
e au
thor
ized
sig
nato
ries.
In t
he
even
t on
e or
bot
h ar
e ab
sent
, the
H
onor
ary
Secr
etar
y an
d th
e A
ssist
ant H
onor
ary
Trea
sure
r may
re
plac
e th
em a
s th
e au
thor
ized
sig
nato
ries.
28
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Rul
e N
oPr
evio
usR
ule(
s)R
enum
bere
dR
ule
No
App
rove
dR
ule(
s)Ex
plan
atio
n &
Rea
sons
for
Am
endm
ents
16BO
AR
D O
F TR
UST
EES
(PR
OPE
RTY
)
(1)
The
Boar
d of
Tru
stees
(Pr
oper
ty)
shal
l con
sist
of th
e Pr
esid
ent (
ex-o
ffici
o) a
nd n
ot m
ore
than
two
othe
r m
embe
rs
(not
be
ing
Mem
bers
of
th
e Ex
ecut
ive
Coun
cil)
to b
e el
ecte
d at
the
alte
rnat
e A
nnua
l Gen
eral
Mee
ting
of S
ocie
ty.
16BO
AR
D O
F TR
UST
EES
(PR
OPE
RTY
)
(1)
The
Boar
d of
Tru
stees
(Pr
oper
ty)
shal
l con
sist
of th
e Pr
esid
ent (
ex-o
ffici
o) a
nd n
ot m
ore
than
two
othe
r m
embe
rs
(not
be
ing
Mem
bers
of
th
e Ex
ecut
ive
Coun
cil)
to b
e el
ecte
d fo
r a
two
year
te
rmat
the
alte
rnat
e A
nnua
l G
ener
al M
eetin
g of
So
ciet
y.
The
wor
d “t
enur
e” a
nd “
term
” ha
ve b
een
used
inte
rcha
ngea
bly
at
vario
us
Rule
s. Th
e pr
opos
ed
amen
dmen
ts ar
e m
ade
to e
nsur
e on
ly t
he w
ord
“ter
m”
is us
ed i
n pl
ace
of t
he w
ord
“ten
ure”
for
co
nsist
ency
. Th
e pr
opos
ed
amen
dmen
t al
so r
efle
cts
that
the
du
ratio
n of
the
ter
m i
s fo
r tw
o ye
ars.
16BO
AR
D O
F TR
UST
EES
(PR
OPE
RTY
)
(6) T
he a
ddre
ss o
f eac
h m
ovea
ble
prop
erty
, nam
e of
ea
ch t
ruste
e an
d an
y su
bseq
uent
cha
nge
shal
l be
no
tifie
d to
th
e Re
gistr
ar
of
Soci
etie
s an
dCo
mm
issio
ner o
f Cha
ritie
s.
16BO
AR
D O
F TR
UST
EES
(PR
OPE
RTY
)
(6)
The
addr
ess
of e
ach
imm
ovea
ble
prop
erty
, na
me
of e
ach
truste
e an
d an
y su
bseq
uent
cha
nge
shal
l be
not
ified
to
the
Regi
strar
of
Soci
etie
s an
d Co
mm
issio
ner o
f Cha
ritie
s.
The
exist
ing
Rule
is
amen
ded
to
corre
ct a
typo
grap
hica
l erro
r.
29
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Membership Nominal Roll
Annex B
Institutional Members
1 Ain Society 13 Persatuan Pemudi Islam Singapura (PPIS)
2 Angkatan Sastrawan ’50 (Asas ’50) 14 Persatuan Persuratan Pemuda Pemudi Melayu
(4PM)
3 Biro Ehwal Melayu PAP (Malay Affairs Bureau
PAP)
15 Persatuan Taman Pengajian Islam (PERTAPIS)
4 Casa Raudha 16 Persatuan Ulama dan Guru-Guru Agama Islam
Singapura (PERGAS)
5 Himpunan Belia Islam (HBI) 17 Persatuan Wanita dan Teruna (PERWANIT)
6 Islamic Fellowship Association (IFA) 18 Persekutuan Kebajikan Islam Telok Kurau
Singapura
7 Kesatuan Guru-Guru Melayu Singapura (KGMS) 19 Pertubuhan Kebangsaan Melayu Singapura
(PKMS)
8 Masjid Hajjah Rahimabi Kebun Limau 20 Sriwana
9 Persatuan Derma Amanah Muslimin Singapura
(MTFA)
21 Taman Bacaan Pemuda Pemudi Melayu
Singapura
10 Persatuan Kebajikan Muslim Toa Payoh (PKMTP) 22 Tamil Muslim Jama’th
11 Persatuan Muhammadiyah 23 The Arab Association (Al-Wehdah)
12 Persatuan Pelajar-pelajar Agama Dewasa
(PERDAUS)
Individual Members
1 Abdul Aziz Abdul Rahim Kajai 16 Mohamed Alam Din
2 Abdul Wahab Abdul Rahman, Prof 17 Mohamed Ali Hussin
3 Almarhum Aliman Hassan
(passed away on 4 Nov 2015)
18 Mohamed Amrin Mohamed Amin
4 Djuanda Kamid 19 Mohamed Ma'mun H M Fadullah Suheimi
5 Fatma Osman 20 Mohammad Haireez Mohameed Jufferie
6 Halil Haji Mansor 21 Mohammad Noor Abdul Rahman
7 Hasnah Mansor 22 Muhammad Harmizan Abdul Hamid
8 Hassan Abdullah Thani 23 Muhammad Nurhakim Mohamed Yusop
9 Ibrahim Hassan 24 Nadia Ahmad Samdin
10 Isa Hassan, Dr 25 Nadia Yeo
11 Ismail Abdullah 26 Nor Hidayah Mohd Amin
12 Ismail Pantek 27 Nur Hazimah Abdul Halim
13 Maarof Haji Salleh 28 Osman Abdur Rahim Bagarib
14 Maskon Rahmat 29 Rita Zahara Binte Mohamed Nazeer
15 Mohamad Salihin Mohamad Shah 30 Shafi e Shamsuddin
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35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Individual Members
31 Sidek Saniff 36 Tengku Sri Indra Ismail
32 Siti Aigah Jemy 37 Wan Hussin Haji Zoohri
33 Suhaimi Salleh 38 Zainul Abidin Rasheed
34 Supki Haji Sidek 39 Zareena Nazeemali Bana
35 Syed Harun Taha Alhabsyi, Dr
Student-Organisation Members
1 Nanyang Technological University Muslim Society (NTUMS)
2 National University of Singapore Muslim Society (NUSMS)
3 Singapore Institute of Management Malay Cultural & Muslim Society (SIMCMS)
4 Singapore Management University Malay Language & Cultural Club (SMU MLCC)
5 Singapore Management University Islamic Business & Finance Society (SMU IBFS)
Membership Nominal Roll
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35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Individual and Corporate Donors ($1,000 and above)
Annex C
No Name Amount No Name Amount
1 Marina Green Ltd $50,000 35 Mohd Kasim Bin Haja Mydin $5,000
2 Singapore Totalisator Board $50,000 36 Newark Engineering Pte Ltd $5,000
3 SymAsia-Madinah Asia
Foundation
$31,658 37 Nizam Bin Mohd Idris $5,000
4 Anonymous $20,000 38 Patrick Chong Fook Seng $5,000
5 Abdul Rahim Valibhoy $12,000 39 Peer Mohd Akbur $5,000
6 Keppel Club $10,163 40 Shinryo Singapore Pte Ltd $5,000
7 Abdul Rahman Bin Saad $10,000 41 Suratman B Kasim $5,000
8 Dato' Seri Akbar Khan $10,000 42 Syed Junied B Haroon Aljunied $5,000
9 Aranda Investments Pte Ltd $10,000 43 Tan Gek Choo $5,000
10 Azmoon Bin Ahmad $10,000 44 Trustees of Abdullah Saleh
Shooker Charity Fund
$5,000
11 Family of Almarhumah Salmah
Bte Abdullah
$10,000 45 Zainul Abidin B Mohd Rasheed $5,000
12 Flotech Controls Pte Ltd $10,000 46 Shahidah Travel & Tours P.L. $4,500
13 Keppel Care Foundation $10,000 47 Azlan Nageli Bin Abdullah $4,000
14 Colonel (NS) Mohamed Ismail
s/o Abdul Gafoore
$10,000 48 Mahani Bite Hassan $4,000
15 Muhammad Taufi q Toh $10,000 49 Noor Hayati binte Ahmad $4,000
16 MUIS $10,000 50 Othman Bin Ab Jabbar $4,000
17 Sirius Marine Pte Ltd $10,000 51 Dr Yahaya Sanusi $4,000
18 Anonymous $8,000 52 Yusof Bin Kassim $4,000
19 Ahsanul Kalam Bin Mohd Sani $7,000 53 SIA Group JHD - LPM Istighfar $3,955
20 Mohammad Zahid Bin Yacob $7,000 54 Dr Too Heng Phon $3,724
21 Mohamed Salleh s/o Kadir
Mohideen Saibu Maricar
$6,000 55 Mohd Amrin Bin Mohd Amin $3,500
22 Syed Beevee Mohd Ismail $6,000 56 Mohamad Faizal $3,437
23 Othman Simon $5,876 57 Azhar Bin Othman $3,200
24 Dr Hafi dza Binte Mohd Said $5,400 58 Yusof Bin Sulaiman $3,200
25 Abdul Manan Bin Aziz $5,000 59 Gulam Mohamed $3,000
26 Adam Malik Bin Mohd Sadri $5,000 60 Hamidah Bte Abdullah $3,000
27 Andrew Ng Wai Hung $5,000 61 Kong Meng San Phor Kark See
Monastry
$3,000
28 ComfortDelGro Corporation
Limited
$5,000 62 Kwan Im Thong Hood Cho
Temple
$3,000
29 Goh Chok Tong $5,000 63 Latifah Binte Norahman $3,000
30 Dr Hadijah Bte Rahmat $5,000 64 Loyang Tua Pek Kong $3,000
31 Hairina Binte Hamzah $5,000 65 Mansur Bin Rahim $3,000
32 HSC Pipeline Engineering P L $5,000 66 Mohd Khair Bin Mohd Don $3,000
33 Khaw Boon Wan $5,000 67 Noraini Bte Misuan $3,000
34 Mini Environment Service P L $5,000 68 Othman Bin Kamis $3,000
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No Name Amount No Name Amount
69 Tham Kum Fook $3,000 108 Anonymous $2,000
70 Zainal Muttakin B Abd Rahman $3,000 109 Nooraini Hamzah $2,000
71 Mohd Fawzy Bin Fadzlillah $2,800 110 Norhisham Bin Main $2,000
72 Anuar Bin Musa $2,500 111 Anonymous $2,000
73 Aznan Abu Bakar $2,500 112 Anonymous $2,000
74 Dayang Puteri Binte Salleh $2,500 113 Rahamat Bin Mohd Ismail $2,000
75 Hamidah Ibrahim $2,500 114 Rohaini Bte Salleh $2,000
76 Ibrahim Abdullah Yeo $2,500 115 Roslina Baba $2,000
77 Mohd Noor Bin Said $2,500 116 Dr Saleha Bte Johari $2,000
78 Pantec Engineering Pte Ltd $2,500 117 Sarimah Binte Salamon $2,000
79 Sithika Begam $2,500 118 Sarimah Bte Suratman $2,000
80 The Quayside Group Pte Ltd $2,500 119 Satria Hayati Bte Saim $2,000
81 Alumni & Guru2 Sek. Men. Tun
Sri Lanang
$2,464 120 Shamim Hasanali Dhilawala $2,000
82 Abdul Rahmat Bin Mordiffi $2,300 121 Shuhaida Salleh $2,000
83 Maimunah Bte Thambi $2,040 122 Siti Rashidah Bt Abd Rahman $2,000
84 Abdul Karim Bin Mohd Noor $2,000 123 Subari Bin Musnih $2,000
85 Abdul Rashid Bin Ibrahim $2,000 124 Syed Haroon Aljunied $2,000
86 Adam Bin Hamid $2,000 125 Teck Ghee CCC $2,000
87 Ahmad Bin Aziz Basrael $2,000 126 Tenderfresh Fried & BBQ
Chicken Pte Ltd
$2,000
88 Ahmad Magad $2,000 127 Teo Chee Hean $2,000
89 Alwi Bin Abdul Hafi z $2,000 128 Anonymous $2,000
90 Ameerali Abdeali $2,000 129 Rosliah Bte Mokhtar $1,800
91 Dalilah Ghazaly $2,000 130 S M Sabed $1,800
92 Fadillah Goh Kassim $2,000 131 Ja'afar Bin Baba $1,750
93 Faridah Bte Haji Ahmad Jamal $2,000 132 Abdul Rahman Bin Omar $1,720
94 Fauziah Soeratman $2,000 133 Abdul Aziz Bin Karsin $1,500
95 Halimah Bte Halil $2,000 134 Affandi Bin Salleh $1,500
96 Ishak Bin Hj Ab Razak $2,000 135 Anonymous $1,500
97 Jasmani Bin Yahya $2,000 136 Farzana Binte Mohsin $1,500
98 K M A B Sirajunnisha Begum $2,000 137 Fatimah Bte Abdul Sukor $1,500
99 Lim Swee Say $2,000 138 Herman Cher Main $1,500
100 Mariana Binte Abdul Malik $2,000 139 Juita Binte Neemat $1,500
101 Mohd Ibrahim B Shaik Dawood $2,000 140 Nadia Yeo $1,500
102 Anonymous $2,000 141 Norhayati Binte Awang $1,500
103 Mohamed Noor Bin Samion $2,000 142 Salbiah Ab Hamid $1,500
104 Mohamed Sarip Bin Aman $2,000 143 Shafeen Traders $1,500
105 Mohamed Sidek Bin Yusof $2,000 144 Syed Harun Bin Taha Alhabsyi $1,500
106 Anonymous $2,000 145 Zaimah Bte Montel $1,500
107 Mohd Ishak Bin Ameer Hamjah $2,000 146 Zuraidah Bte Sulaiman $1,500
Individual and Corporate Donors ($1,000 and above)
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35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Individual and Corporate Donors ($1,000 and above)
No Name Amount No Name Amount
147 Haslindah Bte Mispan $1,400 186 Jufri Bin Supa'at $1,000
148 Mohd Salleh Bin Sulaiman $1,400 187 Juriyah Bte Osman $1,000
149 Sumardi Bin Ali $1,300 188 Khalid Faiz Mohamed $1,000
150 Iskandar Bin Mohamad $1,265 189 Mariamah Binte Yusoff $1,000
151 Safi ah Binte Abdul Manaf $1,254 190 Mariati Yusoff $1,000
152 Siti Raudha Binte Jasmi $1,250 191 Mastura Binte Senin $1,000
153 Fadlun Bte Hj Ab Kadir $1,231 192 Md Ariff Ismail $1,000
154 Mas M Khalik B Mas Kusman $1,200 193 Melor Mohd Shahid $1,000
155 Samat Bin Suleiman $1,160 194 Mohd Noorhisham B Mohd $1,000
156 Ramnah Binte Hassan $1,072 195 Anonymous $1,000
157 Dr Rizwana Begum $1,011 196 Anonymous $1,000
158 Abdul Halim Bin Mohd Noor $1,000 197 Mohd Hassan Bin Mohd Ismail $1,000
159 Abdul Lateff Bin Mohd Ibrahim $1,000 198 Mohamed Johari Bin Busra $1,000
160 Abdul Latiff s/o Abdullah $1,000 199 Mohamed Zain Bin Mohamed $1,000
161 Abdul Sani Bin Abdul Kudus $1,000 200 Mohd Salemi Bin Mohd Salleh $1,000
162 Ahmad Bin AbuBakar Bagharib $1,000 201 Mohammad Taib Bin Lokman $1,000
163 Ahmad Hahnemann Bin Haji
Abdul Kadir
$1,000 202 Mohd Nazri Bin Abdul Ghani $1,000
164 Alias Bin Omar $1,000 203 Mohd Daud Bin Haron $1,000
165 Amnah Binte Mas'od $1,000 204 Mohd Imran s/o Mohd Irshad $1,000
166 Antara Koh Private Limited $1,000 205 Mohd Nizar Bin Mohd Noor $1,000
167 Dr Aris Bin Marzuki $1,000 206 Mohd Nor Selamat $1,000
168 Association of Muslim
Professionals
$1,000 207 Mohd Puzi Mohamed/Alm Hj
Mohamed Hj Mahmood
$1,000
169 Azizah Binte Samir $1,000 208 Mohd Saidali Bin Ali $1,000
170 Azizah Binti Anang $1,000 209 Anonymous $1,000
171 Azman Bin Taib $1,000 210 Mohtar Bin Samin $1,000
172 Babjee Bin Kassim $1,000 211 Molyati Bte Wasron $1,000
173 Brian Connor $1,000 212 Muhamad Hassim Bin Ahmad $1,000
174 Budi Hartono Bin Amron $1,000 213 Muhd Effendy Bin Ibrahim $1,000
175 Dohadwala Kutbuddin $1,000 214 Muhammad Farid Bin Mohd $1,000
176 Faridah Bte Yakim $1,000 215 Naresh Kumar Dhalamal Tarani $1,000
177 Fuhairah Bte Abdul Karim $1,000 216 Noorhani Bte Adenan $1,000
178 Ghazali Bin Embi $1,000 217 Noorkhairati H Ahmad $1,000
179 Hairiezzal Bin Hairon $1,000 218 Nor Abdah B Abdullah $1,000
180 Hussin Bin Abdul Hamid $1,000 219 Nor Sharazad Sulaiman $1,000
181 Ismail Kassim $1,000 220 Norasyikin Binte Hassan $1,000
182 Anonymous $1,000 221 Normalah Bt Amil $1,000
183 Jamil Bin Salleh $1,000 222 Norseha Bte Mohamad Din $1,000
184 Jamilah Abdul Majeed $1,000 223 Nur Azlin Binte Ahmad $1,000
185 Jamilah Bte Ab Jalil $1,000 224 Nur Hidayah Kamal $1,000
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No Name Amount No Name Amount
225 Nurdiyanah Bte Md Daud $1,000 244 Siti Habsah Bte Aman $1,000
226 Raudah Bte Ali $1,000 245 Siti Nurzafi rah Ishak $1,000
227 Rodiah Binte Marzuki $1,000 246 Siti Paridah Binte Haji Siraj $1,000
228 Rohana Binte Neemat $1,000 247 Siti Suriah Binti Taib $1,000
229 Anonymous $1,000 248 Sudirah Bt Badrun $1,000
230 Rosli Bin Mohamad $1,000 249 Anonymous $1,000
231 Roziyah Abd Samad $1,000 250 Suhana Bte Abdul Samat $1,000
232 S2 Computer Supplies Pte Ltd $1,000 251 Sundusia Rosdi $1,000
233 Safi ah Binte Buang $1,000 252 Suniwati Binte Suni $1,000
234 Sakinah Binte Ibrahim $1,000 253 Suraya Binte Ya'akub $1,000
235 Anonymous $1,000 254 Suwandi Bin Sumandi $1,000
236 Sarimah Binte Zainal $1,000 255 Syahirah Beck $1,000
237 Sathar Thoufeekh Ahamed $1,000 256 Tai Pei Yuen Temple $1,000
238 See Toh Wan Ying Yasmina $1,000 257 Wan Mahmood Bin Wan
Ya'acob
$1,000
239 Anonymous $1,000 258 Westmead Pharmacy Pte Ltd $1,000
240 Sharinah Abdol Salam $1,000 259 Yayasan Mendaki $1,000
241 Shurtini Bte Sayuti $1,000 260 Zainah Samade $1,000
242 Sirajudeen Ahmad $1,000 261 Zanal Bin Saleh $1,000
243 Siti Faridah Bt Mohd Parik $1,000
Individual and Corporate Donors ($1,000 and above)
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35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
Bursary Sponsorship
Annex D
No Name of Bursary Name of Sponsor Amount
1 LBKM LBKM $333,080
2 MUIS-WAREES MUIS $300,000
3 Colonel (NS) Mohamed Ismail & Captain (Vol)
Nooraini
Colonel (NS) Mohamed Ismail s/o
Abdul Gafoore & Captain (Vol) Nooraini
Noordin
$52,000
4 HSBC Insurance (Singapore) Pte Ltd HSBC Insurance (Singapore) Pte Ltd $50,000
5 LBKM-THK LBKM-THKMS $30,000
6 MSE Angullia Wakaff MSE Angullia Wakaff $25,000
7 PERGAS PERGAS $20,000
8 Dr Abdul Aziz Bin Mohd Ali Sujak Dr Abdul Aziz Bin Mohd Ali Sujak $18,000
9 SSA Consulting Group Pte Ltd SSA Consulting Group Pte Ltd $15,400
10 Almarhum Hj Selamat Bin Ali Anonymous $15,000
11 TAK TAK Products & Services Pte Ltd $14,400
12 Sh. Yusuf T. Kagda, Sugrabai Abidally &
Sakina Yusuf Kagda nee Sakinabai Abidally
Sakina Yusuf Kagda $13,522
13 Almarhumah Hjh Roekiah Bte Abdullah Abdul Quddoos & family $12,000
14 Mohamed Sani Bin Ibrahim Ahsanul Kalam $11,150
15 Nakhoda Hatim F. Nakhoda $10,800
16 Al-Zuhri Andalus Corporation Pte Ltd $10,400
17 Amaniya Bte Samad Ahsanul Kalam $10,000
18 Arab Network @ Singapore Ltd Arab Network @ Singapore Ltd $10,000
19 Choo-Lim Choo Chiau Beng $10,000
20 Goh Foundation Goh Foundation Limited $10,000
21 IFC Asia Pacifi c Islip Flow Controls Asia Pacifi c Pte Ltd $10,000
22 Awab Bin Jaafar, Sultaneh Bte Rettas &
Salleh Bin Farai
Malek Bin Awab $10,000
23 Ming Seng (Joo Chiat) Goldsmith Ming Seng (Joo Chiat) Goldsmith $10,000
24 Ngee Ann Kongsi Ngee Ann Kongsi $10,000
25 Tan Chin Tuan Foundation Tan Chin Tuan Foundation $10,000
26 Abu Hassan Bin Puteh Memorial Sheik Mustafa Bin Abu Hassan $10,000
27 Deen Abdullah Anonymous $9,000
28 Taib Bin Haji Abbas & Siti Munerah Bte Haji
Taher
Siti Suriah Bte Taib $9,000
29 Khadaied Basalamah Alawiyah Bte Said Khadaied $8,000
30 Suhaimi Salleh & Zaleha Abu Bakar Suhaimi Salleh & Zaleha Abu Bakar $7,000
31 Dr Bibi Jan Mohd Ayyub Yasin Bin Hamid $6,005
32 Almarhum Hj Valibhoy & Almarhumah Hjh
Emna Umar
Abdul Rahim Valibhoy $6,000
33 Daniel & Daryl Anonymous $6,000
34 Sin Yoke Kit @ Yasmin Sin Sin Yoke Kit @ Yasmin Sin $6,000
35 Hjh Surinah Binte Ibrahim Zainal Bin Ibrahim $6,000
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No Name of Bursary Name of Sponsor Amount
36 Amena Nakhoda Aamir Hatim Nakhoda $5,400
37 Azman Abdul Hamid/Nora Azman Abdul Hamid & Nora Azman $5,400
38 Mohd Said Bin Abdul Samad & Ezzah Binte
Jaafar
Dr Hafi dza Bte Mohd Said $5,400
39 Abu Bakar & Family Hawamah Bte Abu Bakar $5,400
40 Almarhum Bidin Bin Mohd Noor Ismail Bin Bidin $5,400
41 Masjid Al-Mukminin LPM Al-Mukminin $5,400
42 Sh. Yusuf T. Kagda, Sugrabai Abidally &
Sakina Yusuf Kagda nee Sakinabai Abidally
Sakina Yusuf Kagda & Dr Fareed
Husain Yusuf Kagda
$5,400
43 Abdul Rahman Family Siswahani Binte Saban $5,400
44 Kamarudin Bin Taib & Sapurah Bte Taib Siti Suriah Bte Taib $5,400
45 Rasid Bin Selamat & Hamidah Bte Abd Kadir Rasid Bin Selamat $5,100
46 Nur Avis Yap Abdul Rani Senin $5,000
47 Ghazi & Mohamed Bee Bee Noor Jahan Binte Syed Attar
Shah
$5,000
48 Almarhum Hj Mohamed Bin Siraj Family of Almarhum Hj Mohamed Bin
Siraj
$5,000
49 Al Kudus Kudusons Trade Services Pte Ltd $5,000
50 FA-IM Latiff Ibrahim $5,000
51 Ramliati Abdullah Ramli Bin M Salleh & Ustazah Sukarti
Asmoin
$5,000
52 Hjh Rukumah Mohd Yusop Anonymous $5,000
53 Mohd Ismail Anonymous $5,000
54 Almarhum Hj Mohd Woojdy Bin Haji Wan
Daud
Wan Shamsiah Bte Mohd Woojdy $5,000
55 Emaan Inspection Emaan Inspection Pte Ltd $4,800
56 Amin Bin Abdul Latiff & Family Anonymous $4,450
57 Hj Yahya Bin Hj Buang & Hjh Basirah Bte Hj
Ibrahim
Anonymous $4,000
58 Masbe Masood Mohd Sahir & Ngo Bock Eng
Mah
$4,000
59 Aza Hamsa Anonymous $4,000
60 Yacob & Mariam Anonymous $3,800
61 Almarhum Karam Din Bin Jani Mohamad Abdul Jabbar Bin Karam Din $3,600
62 Aminnudin Bin Ismail Aminnudin Bin Ismail $3,600
63 Almarhum Jasman Bin Warto & Almarhumah
Kasmi Bte Kemat
Dzulkarnain Bin Kamaron $3,600
64 Abdul Rahman Bin Maham & Rafeah Bte
Dasuki
Hadijah Bte Abdul Rahman $3,600
65 Illydea Seulasteri Ishak & Almarhum Hj Ishak
Hj Ibrahim
Illydea Seulasteri Ishak $3,600
66 Jamaliah Bte Abdul Rahim Jamaliah Bte Abdul Rahim $3,600
67 Hjh Kalida Kalidi Kalida Binti Kalidi $3,600
68 Masjumi Bin Sukaimi Masjumi Bin Sukaimi $3,600
69 Mohammed Nazri Bin Abdul Ghani Mohammed Nazri Bin Abdul Ghani $3,600
Bursary Sponsorship
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35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
No Name of Bursary Name of Sponsor Amount
70 Noor Dr Nooraisha Bte Abdul Quddoos $3,600
71 Hj Dasuni Ali Noraini Bte Dasuni $3,600
72 Salim Bin Osman Salim Bin Osman $3,600
73 Shariffa Mimonah Alsagoff Shariffa Mimonah Bte Syed Ahamed
Alsagoff
$3,600
74 LBKM-SMG Singapore Malay/Muslim Group - UAE $3,600
75 Mahad Al-Nasry Anonymous $3,600
76 Almarhum Sapie Bin Buang & Almarhumah
Sibah Bte Samad
Zalina Bte Sapie $3,600
77 Almarhum Eusope Ismail & Almarhumah
Meryam Kassim
Muhamad Hassim Ahmad $3,400
78 Propnex Realty Colonel (NS) Mohamed Ismail s/o
Abdul Gafoore
$3,200
79 Abdul Rahman Bin Salim Sekeluarga Anonymous $3,000
80 Azizah Bte Abdul Malik Azizah Bte Abdul Malik $3,000
81 Hjh Rosinah Abdullah & Hj Abu Baba Dr Julianah Bte Abu $3,000
82 Almarhumah Hjh Ainon Bte Abdullah
(Ibrahim)
Katijah Bte Mohamed Nathar $3,000
83 Luxasia Foundation Luxasia Pte Ltd $3,000
84 Margaret Lien Wen Hsien Margaret Chan-Lien $3,000
85 Hafi z Mustaffa Mohammad Hafi z Mustaffa $3,000
86 Mohd Jais, Saadiah & Abdul Rahman Anonymous $3,000
87 Dr Zeeba Namazie Namazie International Pte Ltd $3,000
88 Almarhumah Hjh Absah Bte Md Abdul Cader
& Almarhumah Patema Bee Bte Shaik Ali
Nora $3,000
89 Mohamed Shariff A.K.M & Hendon Bte
Mohamed
Anonymous $3,000
90 Almarhumah Rogayah Kamin & Almarhumah
Sulastri Tweevran
Surifah Tweevran $3,000
91 Syed Nasser Bin Abdul Quddoos Syed Nasser Bin Abdul Quddoos $3,000
92 Sotinah - Abdullah Zuraidah Abdullah $3,000
93 Iskandar Bahroocha Iskandar Ishahak Bahroocha $2,800
94 Almarhum Hj Mas'ud Bin Hj Abdul Hamid Khalijah Mas'ud $2,600
95 Alwe Bin Ab Hamed Alwe Bin Ab Hamid $2,500
96 Mohamed Saniff Ahmad / Behiteh Abdullah Anonymous $2,500
97 Mohd Isa Kasiran / Maimunah Abdul Hamid Anonymous $2,500
98 Yeo Teck Hock (Defu) & Family Nadia Yeo & Nur Jeerah Bte Mohd
Amin
$2,500
99 V M Ahmed Nachiya Abdul Kudus Rosnah Sadik $2,500
100 Zulkifl i - Nor Azizah Zulkifl i Abu Bakar $2,500
101 Hj Abdul Aziz - Hjh Hamidah Dr Intan Azura Bte Mokhtar $2,400
102 Almarhum Ahmad Zoohri Mutammim Wan Hussin Bin Haji Zoohri $2,400
103 Almarhum Hj Abdul Samad Bin Abdul Salam Rubiyah Bte Abdul Samad $2,350
104 MCR Network MCR Network $2,100
105 Zaleha Mohd Noor Anonymous $2,000
Bursary Sponsorship
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No Name of Bursary Name of Sponsor Amount
106 Hasnah & Abdul Aziz Kajai Abdul Aziz Bin Abdul Rahim Kajai $2,000
107 Hj Dr Aziz Nather Assoc. Prof. Dr Hj Abdul Aziz Bin
Mohamed Nather
$2,000
108 Jirayah Bte Mustafa Adam Bin Fashe Huddin $2,000
109 Meerlan Aziz Afrose Sultana M. P. Abdul Aziz $2,000
110 Haji Mohamed Khan Dato' Seri Akbar Khan $2,000
111 Aishah Bibi Dato' Seri Akbar Khan $2,000
112 Amanullah Khan Dato' Seri Akbar Khan $2,000
113 Alumni Jin Tai Alumni Jin Tai $2,000
114 Hj Abdul Salam Bin Adnan Azhar Bin Abdul Salam $2,000
115 Hjh Rukiah Bte Ali Aznan Bin Ghazali $2,000
116 Adil Anonymous $2,000
117 Hamdan Bin Abdul Hamid Hamdan Bin Abdul Hamid $2,000
118 Rohaidah Bte Adam Hamdan Bin Abdul Hamid $2,000
119 Munir Uddin Hamidul Haq $2,000
120 Harisfadillah Md Arshad, Intan Bte Paai &
Paai Bin Baharom
Anonymous $2,000
121 Nur 'Atikah Bte Jamsuri Anonymous $2,000
122 Almarhum Hj Mohamed Nathar Katijah Bte Mohamed Nathar $2,000
123 Jannath - Ghani L. A. Shahul Hameed $2,000
124 Shahrose L. A. Shahul Hameed $2,000
125 Leung Kai Fook Medical Co. Pte Ltd Leung Kai Fook Medical Co. Pte Ltd $2,000
126 Masjid Al-Iman LPM Al-Iman $2,000
127 Masjid An-Nur LPM An-Nur $2,000
128 K Saroja & P Kothandapani Anonymous $2,000
129 Ghazlena Hana Humaira Anonymous $2,000
130 Ismail & Farah Mohamed Baisal s/o A Nassar $2,000
131 Zyfas Mohamed Tahir $2,000
132 APAD - A Ghani Hamid Mohd Raman Bin Daud $2,000
133 Dr Iqbal Dr Muhammad Iqbal Bin Abdullah $2,000
134 Abdul Raub Nasir & Yam Abdullah Muhammad Taufi q Toh & Norlia Abdul
Raub
$2,000
135 Almarhumah Hjh Absah Bte Mohd Abdul
Cader
Nora $2,000
136 Salmah Bte Hamid Marican & Mohamed
Rashid
Anonymous $2,000
137 Almarhumah Hjh Zabaidah Bte Said Noryati Binti Abdul Samad $2,000
138 Almarhum Hj Puteh Bin Mohamed Amin Osman Bin Puteh $2,000
139 Hj Mohd Salleh Fajrie Rasida Mohd Salleh $2,000
140 Saharom Bin Romley Rohaya Saharom $2,000
141 Rohaya Supari Rohaya Supari $2,000
142 Shayama Nafi k Shayama Nafi k $2,000
143 Cazi Muhammad Abul Hassan Sheik Alaudin Bin Mohamed Ismail $2,000
144 Singapore Polytechnic Fikiran Plaza Anonymous $2,000
Bursary Sponsorship
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No Name of Bursary Name of Sponsor Amount
145 Almarhum Abdul Rahim Kajai Serbaguna Muslim Funeral Services &
Contractor Pte Ltd
$2,000
146 Meerlan Aziz Sirajunnisha Begum d/o Kuthuvakkara
Mohammed Abu Bakkar
$2,000
147 Hjh Che Nab Binte Hj Yusof Anonymous $2,000
148 Wan Nor Ashikin Bte Wan Azkia Wan Nor Ashikin Bte Wan Azkia $2,000
149 Abni - Kasiran Zainal Abidin Bin Abni $2,000
150 Dariah Binte Dafi r Muhammad Azhari Bin Asnan $1,855
151 Estate of Abdul Hadi Bin Mohd Amin Anonymous $1,800
152 Almarhum Hj Ali Bin Karim Anonymous $1,800
153 Hj Abdul Rahman Bin Atan & Hjh 'Alimah
Binte Ismail
Abdul Razak Bin Abdul Rahman $1,800
154 Ruhaimee Sarip Abdul Rohim Bin Sarip $1,800
155 Ahmad Raqi Bin Abdul Rashid Ahmad Raqi Bin Abdul Rashid $1,800
156 Almarhum Sheikh Alwi B Sheikh Said
Khadaied
Alawiyah Bte Said Khadaied $1,800
157 Amir Hamzah Abu Bakar Amir Hamzah Bin Abu Bakar $1,800
158 Azhar Bin Othman Azhar Bin Othman $1,800
159 Almarhumah Hjh Zaleha Bte Mohd Yusoff Baharuddin Bin Hj Said $1,800
160 Soerat Fauziah Soeratman $1,800
161 Almarhumah Hjh Salmah Bte Hj Abd Karim &
Almarhumah Rokiyah Bte Hj Abd Karim
Assoc. Prof. Dr Hadijah Rahmat $1,800
162 Hashim Bin Soo Hashim Bin Soo $1,800
163 Hassim Sekeluarga Hassim Bin Sitam $1,800
164 Almarhum Hj Mohamed Noor Bin Ismail &
Hjh Sakinah Binti Sahbudeen
Hazliya Bte Noor $1,800
165 Al-Bayan Anonymous $1,800
166 Hassan Maakir Anonymous $1,800
167 Habibullah - Nitharunnisa Jinnathunnissa Bevi d/o Habibullah $1,800
168 Kamariah Gaffoor Kamariah Bte Gaffoor $1,800
169 Almarhum Musa Bin Abdul Rahman Anonymous $1,800
170 Sharah Abdullah Khalid Mohd Tahir $1,800
171 Kismet Intan Abdullah Kismet Intan Abdullah $1,800
172 Taufi q Klomp Anonymous $1,800
173 Masjid Pulau Bukom LPM Pulau Bukom $1,800
174 Cikgu Sufi an Jumahri (VJC) Dan Keluarga Mohamad Sufi an Bin Jumahri $1,800
175 Hjh Fatimah Bte Akisha Anonymous $1,800
176 Almarhumah Hjh Suzanah Shariff Mustafa Bin Yahaya $1,800
177 Yahaya s/o S Packeer Mohd Mustafa Bin Yahaya $1,800
178 Almarhumah Hjh Khairunisah Bte Ahmad Mustafa Bin Yahaya $1,800
179 Almarhum Mohammad Kannu Abdul Rehim Naseema Beevi d/o Abdul Rehim $1,800
180 Almarhum Mustafa Bin Abu Bakar Bamadhaj Anonymous $1,800
181 Almarhumah Nadrah Binte Abdullah Noordin Bin Mohamed Hassan $1,800
Bursary Sponsorship
40
35 thAnnual General Meeting35 thAnnual AA Gll eneral GG Mll eetingMM
No Name of Bursary Name of Sponsor Amount
182 Almarhum Mohamed Hassan Maricar Haji
Manjoorshah
Noordin Bin Mohamed Hassan $1,800
183 Dr Noorhazlina Ali Dr Noorhazlina Binte Ali $1,800
184 Mohamed Hanifah Rasfee Bin Samsudin Anonymous $1,800
185 Almarhum Hj Saad Bin Onan Nor'ai Hj Ahmad $1,800
186 Almarhumah Hjh Khatijah Hj A. Rahman Nor'ai Hj Ahmad $1,800
187 Norhariaty Mohamed Ismail Norhariaty Bte Mohamed Ismail $1,800
188 Hjh Norma Abdul Hamid Norma Bte Abdul Hamid $1,800
189 Nur Alia Bte Salim Nur Alia Bte Salim $1,800
190 Hyroon Nisha & Mohamed Ali Anonymous $1,800
191 Prima Limited Prima Limited $1,800
192 Matsom Anonymous $1,800
193 Zainab Bebe / Walait Bebe Ramzam Bebe d/o Abdul Karim $1,800
194 Almarhum Hj Abu Bakar Bin Ibrahim Shah &
Almarhumah Hjh Khatijah Bte Abdul Rahman
Rapiah Aboobakar $1,800
195 Rasidah Yusof Rasidah Bte Yusof $1,800
196 Rohanee Kassim Rohanee Binte Kassim $1,800
197 Mrs Sajda Khan Saeed Ullah Khan $1,800
198 Samian Bin Mohd Zin Samian Bin Mohd Zin $1,800
199 Almarhum Salamon Suanda Sarimah Bte Salamon $1,800
200 Almarhum Hj Abu Bakar Bin Ibrahim Shah Sharon Ismail $1,800
201 Almarhumah Hjh Khatijah Bte Abdul Rahman Sharon Ismail $1,800
202 Jumari Mohd Osman Sharon Ismail $1,800
203 Saniff Idris Sidek Saniff $1,800
204 Khawaja Kaleemullah Shah Majlis Habeebiyatul Kaleemiyah $1,800
205 Almarhum Hj Rahmat Majid & Almarhumah
Hjh Hasnah Diran
Siti Noorbaya Binte Rahmat $1,800
206 Siti Noorbaya Binte Rahmat Siti Noorbaya Binte Rahmat $1,800
207 Razali Trust Fund Soleha Bte Razali $1,800
208 Syed Mohamed Traders (Singapore) Pte Ltd Syed Mohamed Traders (Singapore)
Pte Ltd
$1,800
209 Almarhumah Aminah Bte Haji Ismail Tengku Halipah Bte Tengku
Mohammad
$1,800
210 Hj Mohamed Woojdy Hj Wan Daud Anonymous $1,800
211 Hj Yusope & Hjh Kamsiah Anonymous $1,800
212 Hjh Farida Bte Abdul Shakoore & Haji Bidin Zack Zainal $1,800
213 Almarhum Hj Amat Amin & Almarhumah Hjh
Sariah Bte Ahmad
Zack Zainal $1,800
214 Almarhum Saleh Bin Talib Zainon Bte Abdul Hadi $1,800
215 Citra Ayu Beauty & Spa Zubaeda Chalan Hassan $1,800
216 Masjid Omar Salmah LPM Omar Salmah $1,600
217 Almarhumah Hjh Aminah Bte Mohamed Azhar Othman $1,000
218 Ramliati Abdullah Noor Sakeenah Ramli $500
Bursary Sponsorship
41
35 thAnnual General Meeting
LBKM Youth Ambassadors (YA) 2015 – 2016
Annex E
Aslam Shah Bin Iskhandar Shah
Life Sciences, NUS
I am an honest individual
who enjoy serving
others. I hope LBKM will
be an avenue for youth
to explore opportunities
beyond only fi nancial
aid. Opportunities where
youth can grow and
create a cycle of learning
and serving with strong
core values under the
mentorship of dedicated
individuals. I hope LBKM
will be on par with
other organisations in
terms of opportunities
and fi nancial aid in
Singapore.
Rose Nabilah Binte Rosli
Psychology, SMU
My times in SMU and
LBKM have allowed me
to better understand
myself and people from
my community. I hope
that LBKM will continue
its great work in helping
Malay students to be the
best that they can be,
inshaa Allah.
Nur Hanisah Binte Khosni
Communications &
Sociology, SIM – Uni of
Buffalo
I graduated with
a Bachelor of Arts
(Honours) Summa
cum Laude from the
University at Buffalo,
State University of New
York. I am passionate
about the impact of
societal issues on
vulnerable groups such
as women and children.
I believe in making
a difference through
volunteerism. My hope is
that LBKM will continue
to realise the dreams of
more students in need
of fi nancial help just like
how they had helped me.
Muhammad Ilyas Bin Hassan
Chemical & Biomolecular
Engineering, NTU
I am an ambitious
chemical engineering
undergraduate hoping
to venture into the
energy sector to help
improve renewable
sources in the energy
mix. Nevertheless, in the
midst of preparing and
devoting myself to my
career, I do believe that
I have a responsibility to
help out the community
in any way that I can.
42
35 thAnnual General Meeting
LBKM Youth Ambassadors (YA) 2015 – 2016
Farah Binte Abdul Malik
Social Sciences, SMU
My two greatest
passions are psychology
and education, and
I hope to go into
educational psychology.
I am a fi rm believer in
education being the key
to solving most of the
social problems, and
I am driven to effect
positive change in our
community. Together
with my brother, Faris,
we co-founded Sky
High Educators that
aims to make tuition
affordable, while helping
undergraduates earn an
income. Joining the YA
programme was one of
the best decisions I have
made. I hope that LBKM
will continue to reach
out to its benefi ciaries
and get them involved
in community outreach
programmes.
Faris Bin Abdul Malik
Economics, NTU
Being with LBKM for the
past year has opened
many doors for myself
as an individual and as
an entrepreneur. I feel
very privileged to be a
part of LBKM’s Pioneer
YA batch. I hope that
we have paved a way
for youths to give back
in more creative ways,
and to take advantage
of LBKM’s resource
to create something
meaningful for the
community. I appreciate
the freedom that LBKM
had given us in planning
for ‘Project Maju-Lah’,
the highlight of our term.
I really hope that this
programme continues
in the years to come
and that I will have the
opportunity to contribute
in other ways. Thank you
LBKM.
Muhammad Haziq Bin Mohd Rashid
Sociology, NTU
My passion to see the
world has brought me
across various countries
and exposed me to a
diversity of cultures and
social challenges. My
desire to create social
change has led me to the
Resolution Fellowship
at the United Nations
Youth Assembly. I have
been actively involved
in community projects
that encompass youth
development and
awareness of social
causes. I have also
gained the support of the
Singapore International
Foundation in my social
enterprise Nomad that
empowers families
suffering from rural
poverty in India. I hope
LBKM will continue
its YA programme
that will provide YAs
greater autonomy and
opportunity to address
community-related
issues.
Muhammad Sha’ari Bin Abdul Ngalim
Comms with Security
Studies, UniSIM
I am keen in making
a direct and tangible
impact on people’s lives,
thus my involvement
with the YA programme
amidst juggling work
and studies. I am now
focused on completing
my degree. I hope LBKM
continues to support
the less privileged in
achieving their dreams.
I am proud to be able to
help LBKM in its efforts.
43
35 thAnnual General Meeting
The newly revamped logo is testament to how LBKM continues to evolve by building on its strong tradition of
illuminating the path of knowledge for students.
Green represents space of solidarity, where the community – forming the backbone of LBKM – comes together
to lend their absolute support, and provides the nurturing elements LBKM needs to advance its mission.
The three yellow fl ames signify the spirit and energy within the organisation to promote the attainment of
knowledge and to encourage lifelong learning.
The three core values – Compassion, Commitment, Consistency – shine brightly as LBKM’s fl aming passion to
help students embrace the challenges of the new world.
The outlying fl ame that gleams beyond the boundaries of the green space refl ects how as LBKM leads its
members and benefi ciaries into the future, it pushes itself to think ‘outside the box’. The words “est. 1965”
highlights how far LBKM has come, from the year it was fi rst set up.
White symbolises transparency and good governance in discharge of duties, execution of tasks and mission, in
order to fulfi l its vision of creating a community of distinction.
Logo
Annex F
44
35 thAnnual General Meeting
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
LEMBAGA BIASISWA KENANGAN MAULUD (PROPHET MUHAMMAD’S BIRTHDAY
MEMORIAL SCHOLARSHIP FUND BOARD)
UEN: S66SS0027A
FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED
31 DECEMBER 2015
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
FADHILLAH GOH & CO Chartered Accountants, Singapore
45
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
STATEMENT BY EXECUTIVE COUNCIL In the opinion of the Executive Council of LEMBAGA BIASISWA KENANGAN MAULUD
(the “Society”), the accompanying balance sheet, statement of financial activities and
statement of cash flows together with the notes are properly drawn up so as to give a true
and fair view of the financial position of the Society as at 31st December 2015 and of the
financial transactions of the Society for the financial year ended on that date.
On behalf of the Executive Council, ------------------------------------------ ------------------------------------------ SUHAIMI BIN SALLEH MUHAMMAD HARMIZAN President ABDUL HAMID Honorary Treasurer Signed on: 19 May 2016
--------------------------SUHAIMI BIN SALLEH
46
35 thAnnual General Meeting
FADHILLAH GOH & CO 138 Cecil Street, #06-01 Cecil Court, Chartered Accountants, Singapore Singapore 069538 Tel : 63231613 Fax : 63231763 Email : [email protected]
INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF
LEMBAGA BIASISWA KENANGAN MAULUD
Report on the Financial Statements We have audited the accompanying financial statements LEMBAGA BIASISWA KENANGAN MAULUD (the “Society”) which comprise the balance sheet as at 31st December 2015, the statement of financial activities and statement of cash flows for the financial year then ended, and a summary of significant accounting policies and other explanatory notes.
Management’s Responsibility for the Financial Statements Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the provisions of the Societies Act (Chapter 311), Charities Act (Chapter 37) and Charities Accounting Standard (“CAS”), and for devising and maintaining a system of internal accounting controls sufficient to provide a reasonable assurance that assets are safeguarded against loss from unauthorised use or disposition; and transactions are properly authorised and that they are recorded as necessary to permit the preparation of true and fair statement of financial activities and balance sheet and to maintain accountability of assets.
Auditors’ Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Singapore Standards on Auditing. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation of financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
47
35 thAnnual General Meeting
FADHILLAH GOH & CO 138 Cecil Street, #06-01 Cecil Court, Chartered Accountants, Singapore Singapore 069538 Tel : 63231613 Fax : 63231763 Email : [email protected]
INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF
LEMBAGA BIASISWA KENANGAN MAULUD (Continued)
Opinion In our opinion, the financial statements of the Society are properly drawn up in accordance with the provisions of the Societies Act (Chapter 311), Charities Act (Chapter 37) and the Charities Accounting Standard so as to give a true and fair view of the financial position of the Society as at 31st December 2015 and of the financial performance and cash flows of the Society for the financial year ended on that date.
Report on Other Legal and Regulatory Requirements In our opinion, the accounting and other records required by the Charities Act, to be kept by the Society have been properly kept in accordance with the provisions of the Charities Act. During the course of our audit, nothing has come to our attention that causes us to believe that during the financial year: a) the use of donation moneys was not in accordance with the objectives of the
Society as required under regulation 16 of the Charities (Institution of a Public Character) regulations; and
b) the Society has not complied with the requirements of Regulation 15 (Fund-
raising expenses) of the Charities (Institutions of a Public Character) Regulations.
FADHILLAH GOH & CO Public Accountants and Chartered Accountants Singapore: 19 May 2016
48
35 thAnnual General Meeting
Note 2015 2014S$ S$
ASSETS
NON-CURRENT ASSETS
Plant and equipment 8 18,435 20,490 Investment securities 9 176,661 177,050 Investment property 10 296,296 304,304
491,392 501,844
CURRENT ASSETS
Cash and cash equivalents 5 4,159,063 1,814,837 Receivables 6 49,192 356,015
4,208,255 2,170,852
CURRENT LIABILITIES
Payables 11 159,556 105,845 Deferred income 12 511,369 -
670,925 105,845
NET CURRENT ASSETS 3,537,330 2,065,007
NET ASSETS 4,028,722 2,566,851
FUNDS
UNRESTRICTED FUNDS
General fund 2,624,438 2,095,814 Sinking fund 13 108,435 98,435
2,732,873 2,194,249
RESTRICTED FUNDS
Bursary Sponsorship Fund 13 520,720 160,097 LBKM - Thye Hwa Kuan Sponsorship Fund 13 20,000 52,000 LBKM Scholarship Fund 13 145,200 127,500 Donors' Corpus Fund 13 40,000 40,000 Care & Share Grant Fund 13 569,929 (6,995)
1,295,849 372,602
TOTAL FUNDS 4,028,722 2,566,851
LEMBAGA BIASISWA KENANGAN MAULUD
BALANCE SHEET AS AT 31ST DECEMBER 2015
form an integral part of the financial statements.The accompanying accounting policies and explanatory notes
49
35 thAnnual General Meeting
Not
eU
nre
stri
cted
Res
tric
ted
Un
rest
rict
edR
estr
icte
dfu
nd
fun
dTot
alfu
nd
fun
dTot
alS
$S
$S
$S
$S
$S
$
INC
OM
E
Vol
un
tary
in
com
e7
602,4
94
3,0
94,0
16
3,6
96,5
10
422,6
47
1,9
92,2
80
2,4
14,9
27
A
ctiv
itie
s fo
r ge
ner
atin
g fu
nds
711,6
35
-
11,6
35
48,9
65
-
48,9
65
In
vest
men
t in
com
e7
96,5
05
-
96,5
05
75,8
20
-
75,8
20
O
ther
in
com
e7
832
-
832
2,6
98
-
2,6
98
TO
TA
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NC
OM
E711,4
66
3,0
94,0
16
3,8
05,4
82
550,1
30
1,9
92,2
80
2,5
42,4
10
EX
PE
ND
ITU
RE
Cos
t of
gen
erat
ing
volu
nta
ry in
com
e7
-
102,5
27
102,5
27
57,6
89
27,3
70
85,0
59
Fu
ndra
isin
g tr
adin
g: C
ost
of g
oods
sold
7-
11,6
36
11,6
36
48,9
65
-
48,9
65
In
vest
men
t m
anag
emen
t co
st7
17,7
88
-
17,7
88
13,1
06
-
13,1
06
C
har
itab
le a
ctiv
itie
s7
72,8
43
1,9
45,9
33
2,0
18,7
76
137,6
74
1,9
62,0
20
2,0
99,6
94
G
over
nan
ce c
osts
7112,0
74
80,8
10
192,8
84
171,4
84
9,4
05
180,8
89
TO
TA
L E
XPE
ND
ITU
RE
202,7
05
2,1
40,9
06
2,3
43,6
11
428,9
18
1,9
98,7
95
2,4
27,7
13
NE
T I
NC
OM
E/(
EX
PE
ND
ITU
RE
)508,7
61
953,1
10
1,4
61,8
71
121,2
12
(6
,515)
114,6
97
Gro
ss t
ran
sfer
s bet
wee
n f
un
ds
729,8
63
(29,8
63)
-
2,0
00
(2
,000)
-
NE
T M
OV
EM
EN
T I
N F
UN
DS
538,6
24
923,2
47
1,4
61,8
71
123,2
12
(8
,515)
114,6
97
RE
CO
NC
ILIA
TIO
N O
F F
UN
D
Tot
al f
un
ds
bro
ugh
t fo
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d2,1
94,2
49
372,6
02
2,5
66,8
51
2,0
71,0
37
381,1
17
2,4
52,1
54
T
OT
AL F
UN
DS C
AR
RIE
D F
OR
WA
RD
2,7
32,8
73
1,2
95,8
49
4,0
28,7
22
2,1
94,2
49
372,6
02
2,5
66,8
51
form
an
in
tegr
al p
art
of t
he
fin
anci
al s
tate
men
ts.
Th
e ac
com
pan
yin
g ac
cou
nti
ng
pol
icie
s an
d e
xpla
nat
ory
not
es
LE
MB
AG
A B
IASIS
WA
KE
NA
NG
AN
MA
ULU
D
STA
TE
ME
NT O
F F
INA
NC
IAL A
CTIV
ITIE
S F
OR
TH
E F
INA
NC
IAL Y
EA
R E
ND
ED
31S
T D
EC
EM
BE
R 2
015
2015
2014
50
35 thAnnual General Meeting
Note 2015 2014S$ S$
OPERATING ACTIVITIES
Surplus for the financial year - Unrestricted Fund 538,624 123,212 - Restricted Funds 923,247 (8,515)
1,461,871 114,697
ADJUSTMENTS FOR:
Depreciation of investment property 8,008 8,008 Depreciation of plant and equipment 8 7,857 6,452 (Reversal)/charge for impairment losses - Investment securities - (1,946) Liquidation fees for investment 832 1,044 Gain on disposal of investment securities (832) (2,698) Dividend income (1,160) (1,633) Interest income (23,345) (14,187)
(8,640) (4,960)
OPERATING CASH FLOWS BEFORE WORKING CAPITAL CHANGES 1,453,231 109,737
CHANGES IN WORKING CAPITAL
Decrease in receivables 306,823 11,218 Increase in payables 565,080 61,718
NET CHANGE IN WORKING CAPITAL 871,903 72,936
CASH GENERATED FROM OPERATING ACTIVITIES 2,325,134 182,673
Interest received 23,345 14,187 NET CASH FLOWS FROM OPERATING ACTIVITIES 2,348,479 196,860
INVESTING ACTIVITIES
Proceeds from disposal of investment securities 75,308 161,106 Acquisition of investment securities 9 (73,759) (161,106) Acquisition of plant and equipment 8 (5,802) (7,475) NET CASH FLOWS (USED IN) INVESTING ACTIVITIES (4,253) (7,475)
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,344,226 189,385
CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR 1,814,837 1,625,452 CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 4,159,063 1,814,837
LEMBAGA BIASISWA KENANGAN MAULUD
STATEMENT OF CASH FLOWS
form an integral part of the financial statements.
FOR THE FINANCIAL YEAR ENDED 31ST DECEMBER 2015
The accompanying accounting policies and explanatory notes
51
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
These notes form an integral part of and should be read in conjunction with the accompanying financial statements.
1 SOCIETY INFORMATION
LEMBAGA BIASISWA KENANGAN MAULUD (PROPHET MUHAMMAD’S BIRTHDAY MEMORIAL SCHOLARSHIP FUND BOARD) (the “Society”) (Registration Number: S66SS0027A) is a Society registered in Singapore under the Societies Act, Chapter 311 on 17th February 1966. The registered office of the Society is at 448 Changi Road, #04-01 Wisma Indah, Singapore 419975.
The Society is an approved charity under the Charities Act, Cap. 37 since 16th October 1985, and has been accorded the status of an Institution of a Public Character (“IPC”) for 3 years from 1st February 2013 to 31st January 2016. It is renewed for another 2 1/2 years from 1st February 2016 to 31st August 2018. The principal activity of the Society is to promote education by assisting the needy and deserving students in furthering their education through awards of scholarships, bursaries and study grants.
The financial statements for the financial year ended 31st December 2015 were authorised for issue in accordance with a circular resolution by the Executive Council on 19th May 2016.
2 EXECUTIVE COUNCIL
For the financial year under review, the members of the Executive Council were as follows: Suhaimi Bin Salleh - President Mohamed Bin Alam Din - Deputy President Wan Hussin Haji Zoohri - Immediate Past President Halil Bin Haji Mansor - Honorary Secretary Mohd Amrin bin Mohamed Amin (resigned on 17 October 2015) - Asst Honorary Secretary Yeo Nadia (appointed on 17 October 2015) - Asst Honorary Secretary Muhammad Harmizan bin Abdul Hamid - Honorary Treasurer Mohammad Haireez Bin Mohameed Jufferie - Asst Honorary Treasurer Ismail bin Abdullah - Council Member Osman bin Abdur Rahim Bagarib - Council Member Abdul Rahman bin Mohd Hanipah - Council Member Abdul Samat bin Ali - Council Member Syed Harun Bin Taha Alhabsyi - Council Member Muhammad Firdaus Bin Rahmat - Council Member Hamzah bin Abdul Mutalib - Council Member Ismail Pantek - Council Member Nadia Ahmad Samdin (appointed on 17 October 2015) - Council Member
52
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 3.1 Basis of Preparation
The financial statements of the Society have been prepared in accordance with the provisions of the Societies Act (Chapter 311), Charities Act (Chapter 37) and Charities Accounting Standard (“CAS”).
The financial statements have been prepared on the historical cost basis except as disclosed in the accounting policies below.
The financial statements are presented in Singapore Dollars, which is also the functional currency of the Society. Functional currency is the currency of the primary economic environment in which the Society operates. The preparation of financial statements requires the Executive Council to make judgments estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Although these estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, actual results may ultimately differ from those estimates. There were no critical judgments made in the process of applying the society’s accounting policies that have the most significant effect on the amounts recognised in the financial statements. There were no key assumptions concerning the future, and other key sources of estimation uncertainty at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
3.2 Changes in Accounting Policies The accounting policies adopted are consistent with the requirements of the CAS and are applied consistently to similar transactions, other events and conditions.
3.3 Investment assets
Investment assets generally include investment properties, investments in debt or equity instruments (investment securities) and cash held for investment purposes. (a) Investment property
Investment property is held to earn rental income and is measured at cost less accumulated depreciation and impairment losses. The carrying amount includes the cost of replacing part of existing investment property at the time that cost is incurred if the recognition criteria are met and excludes the costs of day-to-day maintenance of an investment property.
The building cost is depreciated over a 50-year period on a straight-line basis.
53
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
3.3 Investment assets (Continued)
(a) Investment property (Continued) Investment property is derecognised when disposed of or when the investment property is permanently withdrawn from use or no future economic benefit is expected from its disposal. Any gain or loss on the retirement of an investment property is recognised in the statement of financial activities in the year of retirement or disposal.
The carrying amount of an investment property is reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.
The residual values, useful lives and depreciation method of investment property are reviewed and adjusted as appropriate at the end of each reporting period. The effects of any revision are included in profit or loss when the changes arise.
(b) Investment securities
Investment in securities is recognised on the balance sheet when, and only when, the Society becomes a party to the contractual provisions of the financial instrument. Investment in securities is measured initially at the transaction price excluding transaction costs, if any, which shall be recogsnised as expenditure immediately in the statement of fianncial activities as incurred. Subsequent to initial measurement, investment in securities is measured at cost less any accumulated impairment losses.
3.4 Plant and equipment
All items of plant and equipment are initially recorded at cost. Subsequent to recognition, plant and equipment are stated at cost less accumulated depreciation. The cost includes the cost of replacing part of the plant and equipment and borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying plant and equipment. All borrowing costs relating to the acquisition of plant and equipment are recognised as expenditure in the Statement of Financial Activities in the period which they are incurred. Plant and equipment shall not be revalued and are not required to be assessed for impairment. Depreciation is calculated on a straight-line basis over their estimated useful lives as follows: Office equipment - 5 years Furniture and fittings - 5 years Computers - 5 years Renovations - 5 years
54
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
3.4 Plant and equipment (Continued) When significant parts of plant and equipment are required to be replaced in intervals, the Society recognises such parts as individual assets with specific useful lives and depreciation, respectively. Likewise, when a major inspection is performed, its cost is recognised in the carrying amount of the plant and equipment as a replacement if the recognition criteria are satisfied. All other repair and maintenance costs are recognised in the statement of financial activities as incurred.
The residual value, useful life and depreciation method are reviewed at each financial year-end, and adjusted prospectively, if appropriate. An item of plant and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss on derecognition of the asset is included in the statement of financial activities in the financial year the asset is derecognised.
3.5 Impairment of non-financial assets
The carrying amounts of the Society’s assets are reviewed at the end of each reporting period to determine whether there is any indication of impairment. If any such indication exists, the asset’s recoverable amount is estimated. All impairment losses are recognised in profit or loss whenever the carrying amount of an asset or its cash generating unit exceeds its recoverable amount. An impairment loss is only revised to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation of impairment, if no impairment loss had been recognised. All reversals of impairment are recognised in the statement of financial activities.
3.6 Financial Assets
Financial assets are any asset that is either cash or equity instrument of another entity or the Society has a contractual right: To receive cash or another financial asset from another entity; or
To exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the Society.
Financial assets are recognised on the balance sheet when, and only when the society becomes a party to the contractual provisions of the financial instruments. The Society has its financial assets in the following categories: cash and bank balances, other receivables and investment securities. The classification depends on the purpose for which the assets were acquired. Other receivables are presented as current assets, except those maturing later than twelve months after the balance sheet date which are classified as non-current assets.
55
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
3.6 Financial Assets (Continued) Other receivables (excluding prepayments) are recognised at their transaction price excluding transaction costs, if any. Transaction costs are recognised as expenditure in the statement of financial activities as incurred. Prepayments are initially recognised at the amount paid in advance for the economic resources expected to be received in the future. After initial recognition, other receivables are subsequently measured at cost less any accumulated impairment losses. Prepayments are subsequently measured at the amount paid less the economic resources received or consumed during the financial year. Financial assets are derecognised when the contractual rights to receive cash flows from the assets have expired or have been transferred and the Society has transferred substantially all risks and rewards of ownership. On derecognition of a financial asset in its entirety, the difference between the carrying amount and the sum of the consideration received is recognised in statement of financial activities. The amount of the allowance is the difference between the asset's carrying amount and the undiscounted future cash flows, excluding unearned interest of interest-bearing assets that the Society expects to receive from the assets. The amount of the allowance for impairment is recognized in the statement of financial activities.
3.7 Impairment of Financial Assets
The Society assesses at each balance sheet date whether there is objective evidence that a financial asset or a group of financial assets is impaired and recognises an allowance for impairment when such evidence exists. An allowance for impairment is established when there is objective evidence that the Society will not be able to collect all amounts due according to the original terms of the receivables. In the case of other receivables, the amount of impairment loss is the difference between the financial asset's carrying amount and the undiscounted future cash flows, excluding unearned interest of interest-bearing assets that the Society expects to receive from the assets. The recognised impairment loss is subsequently reversed if the amount of the impairment loss decreases and the decrease is related objectively to an event occurring after the impairment is recognised. The reversal shall not result in a carrying amount of the financial assets, net of any allowance account that exceeds what the carrying amount would have been had the impairment not previously been recognised. The reversal of impairment loss is recognised in the statement of financial activities.
56
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 3.8 Cash and Cash Equivalents
Cash and cash equivalents comprise cash on hand and at bank and fixed deposits which are short term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.
3.9 Financial Liabilities
Financial liabilities are recognised on the balance sheet when, and only when the Society become a party to the contractual provisions of the financial instrument. The Society derecognises financial liabilities when, and only when, the Society's obligations are discharged, cancelled or when they have expired.
3.10 Funds
Monies received for specific purposes, including transfers from the general fund, are credited directly to the respective fund in the financial statements. These include restricted funds and unrestricted funds. Restricted funds are funds held by the Society that can only be applied for specific purposes. These funds are subject to specific trusts which may be declared by the donors or with their authority or created through legal process but are still within the wider objects of the Society. Unrestricted funds are expendable at the discretion of the Executive Council in furtherance of the Society's objects. Designated fund is part of the unrestricted funds earmarked for a particular project. The designation is for administrative purpose only and does not restrict the Executive Council's discretion to apply the fund. The Society has the following funds:
(a) Unrestricted Fund
Unrestricted fund comprises general fund and designated fund. General funds are used for the general purposes of the Society as set out in its governing document. If part of an unrestricted fun is earmarked for a particular project, it may be designated as a separate fund, but the designation has an administrative purpose only, and does not legally restrict the Executive Council’s discretion to apply the fund. The Society classifies its General Fund and Sinking Fund as unrestricted funds.
(b) Restricted Fund
Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (e.g. in a public appeal). Or created through legal process, but still within the wider objects of the Society.
Restricted funds may only be utilised in accordance with the purposes established by the sources of funds and are in contrast with unrestricted funds over which the Executive Council retains full control to use in achieving its institutional purposes. The Society classifies its Bursary sponsorship fund, LBKM scholarship fund, LBKM – Thye Hua Kwan sponsorship fund, Donors’ corpus fund and Care & Share Grant as restricted funds.
57
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 3.10 Funds (Continued)
(b) Restricted Fund (Continued)
Income and expenditure relating to specific funds are accounted for directly in the funds to which they relate. Common expenses, if any, are allocated on a reasonable basis to the funds based on a method suitable to this common expense. Assets and liabilities of the specific funds are pooled in the balance sheet.
Funds received for specific purposes such as purchase of depreciable assets are taken to relevant restricted fund account. This relevant fund will be reduced over the useful life of the asset in line with its depreciation. Depreciation is charged to the relevant designated funds where the asset is held.
3.11 Employee Benefits - Defined Contribution Plan
The Society makes contributions to the Central Provident Fund scheme in Singapore, a defined contribution pension scheme. Contributions to this scheme are recognised as an expense in the period in which the related service is performed.
3.12 Income recognition
Income is recognised to the extent that it is probable that the economic benefits will flow to the Society and the revenue can be reliably measured, regardless of when the payment is made. Income is measured at the fair value of consideration received or receivable.
Donations from corporate sponsorships are accounted for on a receipt basis, except for committed donations and corporate cash sponsorship that are recorded when the commitments are signed. Rental income from operating leases are recognised on a straight line basis in accordance with the substance of the relevant agreements. Interest income on bank accounts, fixed deposits placed with banks and bonds are recognised on a time apportioned basis using the effective interest method. Cash grants received from the government in relation to the Special Employment Credit are recognised upon receipt.
3.13 Expenditure
All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to that activity. Cost of Generating Funds The cost of generating funds are those costs attributable to generating income for the Society, other than those costs incurred in undertaking charitable activities in furtherance of the Society's objects.
58
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
3.13 Expenditure (Continued) Charitable Activities
Expenditure on charitable activities comprises all costs incurred in the pursuit of the charitable objects of the Society. Those costs, where not wholly attributable, are apportioned between the categories of charitable expenditure. The total costs of each category of charitable expenditure therefore include an apportionment of support cost, where possible.
Governance Costs
Governance costs include the costs of governance arrangements, which relate to the general running of the Society as opposed to the direct management functions inherent in generating funds, service delivery and programme or project work. Expenditure on the governance of the charity will normally include both direct and related support costs which include internal and external audit, apportioned manpower costs and general costs in supporting the governance activities, legal advice for governing board members, and costs associated with constitutional and statutory requirements. Other Expenditure
Other expenditure includes the payment of any expenditure that the Society has not been able to analyse within the main expenditure categories.
3.14 Operating Lease
As Lessee Payments made under operating leases are taken to the statement of financial activities on a straight-line basis over the year of the lease. When an operating lease is terminated before the lease period has expired, any payment required to be made to the lessor by way of penalty is recognised as an expense in the year in which termination takes place.
As Lessor
Leases of assets in which a significant portion of the risks and rewards of ownership of the assets are retained by the Society are classified as operating leases. Initial direct costs incurred in negotiating an operating lease are added to the carrying amount of the leased asset and recognised over the lease term on the same bases as rental income. The accounting policy for rental income is set out in Note 3.12.
3.15 Provisions
Provisions are recognised when the Society has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of economic resources will be required to settle the obligation and the amount of the obligation can be estimated reliably.
59
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 3.15 Provisions (Continued)
Provisions are reviewed at the end of each reporting period and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of economic resources will be required to settle the obligation, the provision is reversed. If the effect of the time value of money is material, provisions are discounted using current pre tax rate that reflects, where appropriate, the risk specific to the liability. When discounting is used, the increase in the provision due to the passage of time is recognised as a finance cost.
3.16 Related Parties and Transactions
A related party is defined as follows:
(a) A person or a close member of that person’s family is related to the Society if that person:
(i) Has control or joint control over the Society;
(ii) Has significant influence over the Society; or
(iii) Is a governing board member, trustee or a member of the key
management personnel of the Society.
b) An entity is related to the Society if any of the following conditions applies:
(i) The entity and the Society are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to others).
(ii) One entity is an associate or joint venture of the other entity (or an
associate or joint venture of a member of a group of which the other entity is a member).
(iii) Both entities are joint ventures of the same third party.
(iv) One entity is a joint venture of a third entity and the other entity is
an associate of the third entity.
(v) The entity is a post-employment benefit plan for the benefit of employees of either the Society or an entity related to the Society. If the Society is itself a plan, the sponsoring employers are also related to the Society;
(vi) The entity is controlled or jointly controlled by a person identified
in (a);
(vii) A person identified in (a) (i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity).
(viii) The entity or any member of a group of which it is a part of,
provides key management personnel services to the Society or to the parent of the Society.
60
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 3.16 Related Parties and Transactions (Continued)
A related party transaction is a transfer of resources, services or obligations between the Society and a related party, regardless of whether a price is charged.
4 RELATED PARTY TRANSACTIONS
For the purpose of financial statements, parties are considered to be related to the Society if the Society has the ability, directly or indirectly, to control the party or exercise significant influence over the party in making financial and operating decisions, or vice versa, or where the Society and the party are subject to common control or common significant influence. Related parties may be individuals or other entities. Except, for the related parties transactions on terms agreed between the Society and its related parties as disclosed below, there are no other transactions and arrangements between the Society and related parties. (a) Related party transactions
2015 2014 S$ S$ Rental income - (17,658) Utilities income - (700) -------------- -------------- - (18,358) ========= =========
Special grant paid (included in bursary sponsorship fund) - 10,000 Research grant (included in general fund) - 10,000 -------------- -------------- - 20,000 ========= =========
In 2014, the rental and utilities income were received from SSA Consulting Group Pte. Ltd, an entity that is controlled by the President of the Society. Also in 2014, the special and research grants were paid to Wan Hussin bin Haji Zoohri (the immediate past president) for his autobiography and for a research project.
61
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
4 RELATED PARTY TRANSACTIONS (Continued) (b) Remuneration of key management personnel and board of trustee and
Executive Council members
(i) Meeting attendance allowance paid: 2015 2014 S$ S$ Suhaimi Bin Salleh 600 350 Mohamed Bin Alam Din 400 250 Wan Hussin Bin Haji Zoohri 200 150 Halil Bin Haji Mansor 500 200 Muhd Harmizan Bin Abdul Hamid 450 100 Mohd Haireez Bin Mohd Jufferie 250 50 Ismail Bin Abdullah 300 150 Osman Bin Abdur Rahim Bagarib 300 350 Abdul Samat Bin Ali 400 150 Syed Harun Bin Taha Alhabshyi 250 - Ismail Pantek 200 - Mohd Ma’mun H M F Suheimi 150 - Supki Bin Haji Sidek 200 150 Nurhazimah Binti Abdul Halim - 50 Maarof Bin Salleh - 50 Mohamad Salihin Bin Mohamad Shah - 50 Sirajuddin De Silva - (50) * Ibrahim Bin Hassan 100 50 Hamri bin Hunar - 200 Isa bin Hassan 100 50 Abdul Karim Bin Sulaiman - 150 Abdul Rahman bin Mohd Hanipah 150 - Fatma bte Osman 150 - Hamzah Abdul Mutalib 300 - Lukman Afandi 50 - Mohamed Amrin bin Mohamed Amin 250 - Mohamed Firdaus Rahmat 250 - Yeo Nadia 200 - Syed Muhammad Aljunied 150 - -------------- -------------- 5,900 2,450 ========= =========
* cheque not cleared which was issued in financial year 2013, now reversed.
(ii) Key management personnel remuneration
2015 2014 S$ S$ Salaries and bonuses 114,342 112,684 Contributions to Central Provident Fund 10,600 9,150 Skill Development levy 462 381 -------------- -------------- 125,404 122,215 ========= =========
62
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
4 RELATED PARTY TRANSACTIONS (Continued) Key management personnel comprise the Executive Secretary and the Senior Account Executive. The number of employees (including key management personnel) whose remuneration amount is over S$ 100,000 in the financial year is Nil (2014: Nil).
5 CASH AND CASH EQUIVALENTS 2015 2014 S$ S$ Fixed deposits 3,374,161 1,588,837 Cash at banks 784,402 225,500 Cash in hand 500 500 --------------- ---------------- 4,159,063 1,814,837 ========== ========== The fixed deposits earn interest and hibah ranging from 0.15% to 2.02% (2014:
0.15% to 1.9%) per annum and have maturity periods of not more than 24 months.
For the purpose of the statement of cash flows, cash and bank balances are
comprised of the balances as shown above.
6 RECEIVABLES 2015 2014 S$ S$ Other receivables 6,000 - Grant receivable - 303,200 Deposits 13,369 20,990 Prepayments 29,823 31,825 -------------- -------------- 49,192 356,015 ========= =========
63
35 thAnnual General Meeting
TO
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64
35 thAnnual General Meeting
TO
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CT
IVIT
IES (C
onti
nued
)
2015
UN
RE
ST
RIC
TE
D F
UN
DS
RE
ST
RIC
TE
D F
UN
DS
NO
TE
S T
O T
HE
FIN
AN
CIA
L S
TA
TE
ME
NTS
- 3
1S
T D
EC
EM
BE
R 2
015
65
35 thAnnual General Meeting
TO
TA
L
Bu
rsar
yLB
KM
-LB
KM
-D
onor
sC
are
& S
har
e
Gen
eral
Sin
kin
gS
pon
sors
hip
Th
ye H
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Kw
anS
chol
arsh
ipC
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t
Fu
nd
Fu
nd
Tot
alFu
nd
Fu
nd
Fu
nd
Fu
nd
Fu
nd
Tot
al
S$
S$
S$
S$
S$
S$
S$
S$
S$
S$
Les
s: E
XPE
ND
ITU
RE
(C
on
tin
ued
)
Char
itab
le a
ctiv
itie
s (C
onti
nued
)
Bal
ance
bro
ugh
t fo
rwar
d5,4
90
-
5,4
90
-
-
-
-
164,1
84
164,1
84
169,6
74
Sof
twar
e, w
ebsi
te d
evel
opm
ent
an
d m
ain
ten
ance
-
-
-
-
-
-
-
34,7
19
34,7
19
34,7
19
Don
atio
n4,0
00
-
4,0
00
-
-
-
-
-
-
4,0
00
Gen
eral
exp
ense
s3,3
53
-
3,3
53
-
-
-
-
-
-
3,3
53
Sch
olar
ship
aw
ards
60,0
00
-
60,0
00
-
-
-
-
75,0
00
75,0
00
135,0
00
Bu
rsar
y aw
ards
-
-
-
1,5
27,8
80
30,0
00
-
-
79,2
00
1,6
37,0
80
1,6
37,0
80
ITE
aw
ards
-
-
-
31,5
50
-
-
-
-
31,5
50
31,5
50
Spec
ial gr
ants
-
-
-
3,4
00
-
-
-
-
3,4
00
3,4
00
72,8
43
-
72,8
43
1,5
62,8
30
30,0
00
-
-
353,1
03
1,9
45,9
33
2,0
18,7
76
Gov
erna
nce
cost
s
Sal
arie
s an
d b
onu
ses
84,9
81
-
84,9
81
-
-
-
-
-
-
84,9
81
Ren
tal of
pre
mis
es-
-
-
-
-
-
-
38,4
67
38,4
67
38,4
67
Con
trib
uti
on t
o C
PF
9,9
42
-
9,9
42
-
-
-
-
-
-
9,9
42
Dep
reci
atio
n o
f pla
nt
and e
quip
men
t7,8
57
-
7,8
57
-
-
-
-
-
-
7,8
57
Uti
liti
es-
-
-
-
-
-
-
1,3
68
1,3
68
1,3
68
Pri
nti
ng
and s
tati
oner
y-
-
-
-
-
-
-
5,5
21
5,5
21
5,5
21
Au
dit
fee
-
-
-
-
-
-
-
7,0
00
7,0
00
7,0
00
An
nu
al g
ener
al m
eeti
ng
expen
se3,2
94
-
3,2
94
-
-
-
-
3,2
94
3,2
94
6,5
88
Mee
tin
g al
low
ance
s6,0
00
-
6,0
00
-
-
-
-
-
-
6,0
00
Insu
ran
ce-
-
-
-
-
-
-
2,1
28
2,1
28
2,1
28
Inte
rnsh
ip a
llow
ance
-
-
-
-
-
-
-
1,5
12
1,5
12
1,5
12
Tel
ecom
mu
nic
atio
n e
xpen
se-
-
-
-
-
-
-
2,0
92
2,0
92
2,0
92
Rep
air
and m
ain
ten
ance
-
-
-
-
-
-
-
2,7
22
2,7
22
2,7
22
Bal
ance
car
ried
forw
ard
112,0
74
-
112,0
74
-
-
-
-
64,1
04
64,1
04
176,1
78
LE
MB
AG
A B
IASIS
WA
KE
NA
NG
AN
MA
ULU
D
NO
TE
S T
O T
HE
FIN
AN
CIA
L S
TA
TE
ME
NTS
- 3
1S
T D
EC
EM
BE
R 2
015
7 D
ET
AIL
ED
ST
AT
EM
EN
T O
F F
INA
NC
IAL A
CT
IVIT
IES (C
onti
nued
)
2015
UN
RE
ST
RIC
TE
D F
UN
DS
RE
ST
RIC
TE
D F
UN
DS
66
35 thAnnual General Meeting
TO
TA
L
Bu
rsar
yLB
KM
-LB
KM
-D
onor
sC
are
& S
har
e
Gen
eral
Sin
kin
gS
pon
sors
hip
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alFu
nd
Fu
nd
Fu
nd
Fu
nd
Fu
nd
Tot
al
S$
S$
S$
S$
S$
S$
S$
S$
S$
S$
Les
s: E
XPE
ND
ITU
RE
(C
on
tin
ued
)
Gov
erna
nce
cost
s (C
onti
nued
)
Bal
ance
bro
ugh
t fo
rwar
d112,0
74
-
112,0
74
-
-
-
-
64,1
04
64,1
04
176,1
78
Sta
ff w
elfa
re-
-
-
-
-
-
-
1,0
64
1,0
64
1,0
64
Tra
nsp
orta
tion
exp
ense
-
-
-
-
-
-
-
1,3
61
1,3
61
1,3
61
Pos
tage
, co
uri
er, st
amps
and P
AYPA
L fe
es-
-
-
-
-
-
-
376
376
376
Sta
ff r
efre
shm
ent
-
-
-
-
-
-
-
1,1
16
1,1
16
1,1
16
Ban
k c
har
ges
-
-
-
-
-
-
-
922
922
922
Mem
ber
ship
an
d s
ubsc
ripti
on fee
s-
-
-
-
-
-
-
210
210
210
Skills
dev
elop
men
t le
vy-
-
-
-
-
-
-
462
462
462
Sem
inar
an
d t
rain
ing
-
-
-
-
-
-
-
11,1
95
11,1
95
11,1
95
112,0
74
-
112,0
74
-
-
-
-
80,8
10
80,8
10
192,8
84
TO
TA
L E
XPE
ND
ITU
RE
202,7
05
-
202,7
05
1,5
62,8
30
30,0
00
-
-
548,0
76
2,1
40,9
06
2,3
43,6
11
SU
RPLU
S/(D
EFIC
IT) FO
R T
HE
F
INA
NC
IAL Y
EA
R508,7
61
-
508,7
61
388,4
86
(30,0
00)
17,7
00
-
576,9
24
953,1
10
1,4
61,8
71
Gro
ss t
rans
fers
bet
wee
n fu
nds
Alloc
atio
n o
f fu
nd b
alan
ce2,0
00
-
2,0
00
-
(2,0
00)
-
-
-
(2,0
00)
-
Alloc
atio
n o
f A
snaf
Am
il
27,8
63
-
27,8
63
(27,8
63)
-
-
-
-
(27,8
63)
-
Alloc
atio
n o
f an
nu
al m
ain
ten
ance
for
in
vest
men
t pro
per
ty(1
0,0
00)
10,0
00
-
-
-
-
-
-
-
-
NE
T M
OV
EM
EN
T F
UN
DS
528,6
24
10,0
00
538,6
24
360,6
23
(32,0
00)
17,7
00
-
576,9
24
923,2
47
1,4
61,8
71
RE
CO
NC
ILIA
TIO
N O
F F
UN
DS
Tot
al fu
nds
at b
egin
nin
g of
fin
anci
al y
ear
2,0
95,8
14
98,4
35
2,1
94,2
49
160,0
97
52,0
00
127,5
00
40,0
00
(6,9
95)
372,6
02
2,5
66,8
51
Tot
al fu
nds
at e
nd fin
anci
al y
ear
2,6
24,4
38
108,4
35
2,7
32,8
73
520,7
20
20,0
00
145,2
00
40,0
00
569,9
29
1,2
95,8
49
4,0
28,7
22
LE
MB
AG
A B
IASIS
WA
KE
NA
NG
AN
MA
ULU
D
NO
TE
S T
O T
HE
FIN
AN
CIA
L S
TA
TE
ME
NTS
- 3
1S
T D
EC
EM
BE
R 2
015
7 D
ET
AIL
ED
ST
AT
EM
EN
T O
F F
INA
NC
IAL A
CT
IVIT
IES (C
onti
nued
)
2015
UN
RE
ST
RIC
TE
D F
UN
DS
RE
ST
RIC
TE
D F
UN
DS
67
35 thAnnual General Meeting
TO
TA
L
Bu
rsar
yLB
KM
-LB
KM
-D
onor
sC
are
& S
har
e
Gen
eral
Sin
kin
gS
pon
sors
hip
Th
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tFu
nd
Fu
nd
Tot
alFu
nd
Fu
nd
Fu
nd
Fu
nd
Fu
nd
Tot
al
S$
S$
S$
S$
S$
S$
S$
S$
S$
S$
INC
OM
E
Inco
me
from
gen
erat
ed f
unds
Volu
nta
ry i
nco
me
CA
RE
& S
HA
RE
mat
chin
g gr
ant
-
-
-
-
-
-
-
300,0
00
300,0
00
300,0
00
50th
An
niv
ersa
ry c
eleb
rati
on
-
-
-
-
-
-
-
-
-
-
Gen
eral
don
atio
ns
247,9
65
-
247,9
65
-
-
-
-
-
-
247,9
65
Mos
que
collec
tion
78,5
88
-
78,5
88
-
-
-
-
-
-
78,5
88
Mau
lud a
ppea
l82,1
88
-
82,1
88
-
-
-
-
-
-
82,1
88
Gov
ern
men
t gr
ants
13,9
06
-
13,9
06
-
-
-
-
-
-
13,9
06
Zak
at-
-
-
435,5
03
-
-
-
-
435,5
03
435,5
03
Spon
sors
hip
/B
urs
ary
-
-
-
1,2
02,6
62
-
54,1
15
-
-
1,2
56,7
77
1,2
56,7
77
422,6
47
-
422,6
47
1,6
38,1
65
-
54,1
15
-
300,0
00
1,9
92,2
80
2,4
14,9
27
Act
ivit
ies
for
gener
atin
g fu
nds
Ren
tal in
com
e 46,5
96
-
46,5
96
-
-
-
-
-
-
46,5
96
Uti
liti
es in
com
e 2,3
69
-
2,3
69
-
-
-
-
-
-
2,3
69
48,9
65
-
48,9
65
-
-
-
-
-
-
48,9
65
Inves
tmen
t in
com
eR
enta
l in
com
e fr
om in
vest
men
t pro
per
ty60,0
00
-
60,0
00
-
-
-
-
-
-
60,0
00
Inte
rest
in
com
e14,1
87
-
14,1
87
-
-
-
-
-
-
14,1
87
Div
iden
d in
com
e1,6
33
-
1,6
33
-
-
-
-
-
-
1,6
33
75,8
20
-
75,8
20
-
-
-
-
-
-
75,8
20
Oth
er i
nco
me
Gai
n o
n d
ispos
al o
f in
vest
men
t se
curi
ties
2,6
98
-
2,6
98
-
-
-
-
-
-
2,6
98
2,6
98
-
2,6
98
-
-
-
-
-
-
2,6
98
TO
TA
L I
NC
OM
E550,1
30
-
550,1
30
1,6
38,1
65
-
54,1
15
-
300,0
00
1,9
92,2
80
2,5
42,4
10
LE
MB
AG
A B
IASIS
WA
KE
NA
NG
AN
MA
ULU
D
NO
TE
S T
O T
HE
FIN
AN
CIA
L S
TA
TE
ME
NTS
- 3
1S
T D
EC
EM
BE
R 2
015
7 D
ET
AIL
ED
ST
AT
EM
EN
T O
F F
INA
NC
IAL A
CT
IVIT
IES (C
onti
nued
)
2014
UN
RE
ST
RIC
TE
D F
UN
DS
RE
ST
RIC
TE
D F
UN
DS
68
35 thAnnual General Meeting
TO
TA
L
Bu
rsar
yLB
KM
-LB
KM
-D
onor
sC
are
& S
har
eG
ener
alS
inkin
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pon
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Fu
nd
Fu
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Tot
alFu
nd
Fu
nd
Fu
nd
Fu
nd
Fu
nd
Tot
al
S$
S$
S$
S$
S$
S$
S$
S$
S$
S$
Les
s: E
XPE
ND
ITU
RE
Cost
of
gene
rati
ng f
unds
Cost
of
gener
atin
g volu
nta
ry i
nco
me
Cos
t of
don
atio
n c
olle
ctio
n54,9
85
-
54,9
85
-
-
-
-
-
-
54,9
85
50th
an
niv
ersa
ry e
xpen
ses
& c
offe
e ta
ble
boo
k-
-
-
-
-
-
-
27,3
70
27,3
70
27,3
70
Pos
tage
, co
uri
er, st
amps
and P
AYPA
L fe
es2,7
04
-
2,7
04
-
-
-
-
-
-
2,7
04
57,6
89
-
57,6
89
-
-
-
-
27,3
70
27,3
70
85,0
59
Fun
dra
isin
g ex
pen
ses
Ren
tal of
pre
mis
es46,5
96
-
46,5
96
-
-
-
-
-
-
46,5
96
Uti
liti
es2,3
69
-
2,3
69
-
-
-
-
-
-
2,3
69
48,9
65
-
48,9
65
-
-
-
-
-
-
48,9
65
Inves
tmen
t m
anag
emen
t co
stD
epre
ciat
ion
of in
vest
men
t pro
per
ties
8,0
08
-
8,0
08
-
-
-
-
-
-
8,0
08
Pro
per
ty t
ax6,0
00
-
6,0
00
-
-
-
-
-
-
6,0
00
Rev
ersa
l/(C
har
ge) fo
r im
pai
rmen
t lo
sses
– I
nve
stm
ent
secu
riti
es(1
,946)
-
(1,9
46)
-
-
-
-
-
-
(1,9
46)
Leg
al a
nd p
rofe
ssio
nal
fee
s1,0
44
-
1,0
44
-
-
-
-
-
-
1,0
44
13,1
06
-
13,1
06
-
-
-
-
-
-
13,1
06
Char
itab
le a
ctiv
itie
s
Sal
arie
s an
d b
onu
ses
101,6
71
-
101,6
71
-
-
-
-
-
-
101,6
71
Bu
rsar
y pre
sen
tati
on c
erem
ony
11,9
04
-
11,9
04
-
-
-
-
-
-
11,9
04
You
th d
evel
opm
ent
expen
se-
-
-
-
-
-
-
12,2
00
12,2
00
12,2
00
Res
earc
h g
ran
t10,0
00
-
10,0
00
-
-
-
-
-
-
10,0
00
Con
trib
uti
ons
to C
PF
11,8
30
-
11,8
30
-
-
-
-
-
-
11,8
30
Bal
ance
car
ried
forw
ard
135,4
05
-
135,4
05
-
-
-
-
12,2
00
12,2
00
147,6
05
LE
MB
AG
A B
IASIS
WA
KE
NA
NG
AN
MA
ULU
D
NO
TE
S T
O T
HE
FIN
AN
CIA
L S
TA
TE
ME
NTS
- 3
1S
T D
EC
EM
BE
R 2
015
7 D
ET
AIL
ED
ST
AT
EM
EN
T O
F F
INA
NC
IAL A
CT
IVIT
IES (C
onti
nued
)
2014
UN
RE
ST
RIC
TE
D F
UN
DS
RE
ST
RIC
TE
D F
UN
DS
69
35 thAnnual General Meeting
TO
TA
L
Bu
rsar
yLB
KM
-LB
KM
-D
onor
sC
are
& S
har
e
Gen
eral
Sin
kin
gS
pon
sors
hip
Th
ye H
ua
Kw
anS
chol
arsh
ipC
orpu
sG
ran
t
Fu
nd
Fu
nd
Tot
alFu
nd
Fu
nd
Fu
nd
Fu
nd
Fu
nd
Tot
al
S$
S$
S$
S$
S$
S$
S$
S$
S$
S$
Les
s: E
XPE
ND
ITU
RE
(C
ont'
d)
Char
itab
le a
ctiv
itie
s (C
ont'd
)
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d m
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30,0
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2,6
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3,6
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-
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159,7
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35 thAnnual General Meeting
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71
35 thAnnual General Meeting
LE
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20,4
90
====================================================================
72
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
9 INVESTMENT SECURITIES 2015 2014 S$ S$ COST
Balance at beginning of the financial year 177,050 175,571 Additions - Dividend 1,160 1,633 Additions - cash 73,759 161,106 Disposals (75,308) (161,260) --------------- --------------- Balance at end of the financial year 176,661 177,050 --------------- ---------------
ACCUMULATED IMPAIRMENT LOSSES
Balance at beginning of the financial year - 3,754 Charge for the year - - Reversal - (3,754) --------------- --------------- Balance at end of the financial year - - --------------- --------------- NET CARRYING VALUE 176,661 177,050 ========== ==========
Quoted bonds and unit trust Quoted bonds and unit trust offer the Society an opportunity for return through dividend income and fair value gains. They have no fixed maturity and are traded on the Singapore Stock Exchange. The fair value of these bonds and unit trust are based on the bid price on the last market day of the financial year and amounts to S$ 178,875 (2014: S$ 180,193).
73
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
10 INVESTMENT PROPERTY 2015 S$ COST At 1.1.2014 and 31.12.2014 400,400 --------------- At 1.1.2015 and 31.12.2015 400,400 ========== ACCUMULATED DEPRECIATION At 1.1.2014 88,088 Depreciation charge 8,008 --------------- At 31.12.2014 and 1.1.2015 96,096 Depreciation charge 8,008 --------------- At 31.12.2015 104,104 ========== NET CARRYING VALUE At 31.12.2015 296,296 ========== At 31.12.2014 304,304 ==========
Investment property is stated at cost less accumulated depreciation and impairment losses. The building cost is depreciated over a period of 50 years on a straight line basis. The Executive Council’s estimate of the open market value of the property based on its existing use as at 31st December 2015 is S$ 2,800,000 (2014: S$ 2,500,000). The value is an estimate of the amount for which the asset could be exchanged between a knowledgeable willing buyer and a knowledgeable willing seller in an arm’s length transaction at the valuation date. As a result of this valuation, no provision for impairment was recognised in the financial statements for the financial year end as the recoverable amount is greater than the carrying value of the investment property. The rental income earned from leasing out the investment property for the financial year end amounted to S$ 72,000 (2014: S$ 60,000). The lease is an operating lease. Direct operating expenses (including property maintenance and property tax) with regards to the investment property and its use amounted to S$ 7,200 (2014: S$ 6,000).
The property is located at 33 Bussorah Street, Singapore 199451. It is a 2 storey shop house on a piece of land located at Lot 473X Town Subdivision 14. It has a tenure of 99 years beginning 15th October 2003 (87 years remaining).
74
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
11 PAYABLES 2015 2014 S$ S$ Dr. Muhd Ariff Endowment Fund 32,776 32,776 Deposits received 80 24,550 Accrued operating expenses 7,000 17,719 Sponsorship payable - 3,200 Bursary payable 119,700 27,600 -------------- -------------- 159,556 105,845 ========= ========= 12 DEFERRED INCOME 2015 2014 S$ S$ MUIS – 2016 MUIS-WAREES Bursary Sponsorship 300,000 - MUIS – 2016 Administration grant 40,000 - 50th Anniversary dinner 150,400 - Islamic fixed deposit hibah received in advance 20,919 - Other 50 - -------------- -------------- 511,369 - ========= ========= 13 FUND ACCOUNTS BALANCES (a) Unrestricted Funds Sinking Fund
The Sinking Fund was set up on 31st December 2006 to provide for major capital expenditure in respect of the investment property.
(b) Restricted Funds
Bursary Sponsorship Fund
The Bursary Sponsorship Fund, formerly known as Donors’ Fund (Amanah), is an Amanah (Trust) fund entrusted to the Society for distribution on behalf of the donors as per their expressed wishes and when no wishes were expressed, the fund will be used as bursaries for needy students.
LBKM Scholarship Fund
The LBKM Scholarship Fund was created for students who have gained entry into the world’s top ten universities such as Harvard, Cambridge and Oxford. The scholarship is also awarded to meritorious students pursuing master degrees in public administration/public policy with the National University of Singapore’s Lee Kuan Yew School of Public Policy.
75
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
13 FUND ACCOUNTS BALANCES (Continued)
(b) Restricted Funds (Continued)
LBKM – Thye Hua Kwan Sponsorship Fund
The LBKM – Thye Hua Kwan Sponsorship Fund was created for bursaries to needy students in specified courses. Donors’ Corpus Fund
The Donors’ Corpus fund was entrusted to the Society for the purpose of distributing the income generated from the investment of the funds as bursaries for needy students. Care & Share Grant Fund The Care and Share Grant Fund is set up to account the dollar-for-dollar matching grant received to build the capabilities for the social service sector and supporting social services to meet rising needs.
Unless specifically indicated, the fund balances are not represented by any specific accounts, but are represented by all assets and liabilities of the Society.
14 GRANT EXPENDITURE 2015 2014 S$ S$
Included in charitable activities: Research grant: Bibliography of Malay/Muslim Community in Singapore - 10,000
========= ========= 15 INCOME TAX
The Society is a registered Charity under the Charities Act (Chapter 37) and being a charity, its income is exempted from income tax.
16 TAX-EXEMPT RECEIPTS During the financial year, the Society issued tax-exempt receipts for donations collected amounting to S$ 1,683,144 (2014: S$ 1,327,018).
76
35 thAnnual General Meeting
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
17 OPERATING LEASE COMMITMENTS
As lessee
Future minimum rental payables under operating leases at the statement of financial position date are as follows: -
2015 2014 S$ S$
Payable within one year 38,610 - Payable after one year but not more than five years - -
--------------- --------------- 38,610 -
========== ========== Rental expenses incurred for the office premise during the financial year for the
Society was S$ 49,575 (2014: S$ 75,951). As lessor
As at 31st December 2015, the Society has no operating lease commitments for its investment property (2014: Nil). Rental income earned from the investment property during the financial year for the Society was S$ 72,000 (2014: S$ 60,000).
18 MANAGEMENT OF RESERVES
The Society regards its unrestricted general fund as its reserves. The reserves that the Society set aside provide financial stability and the means for the development of the Society’s principal activities. The Society intends to use the reserves for bursaries for needy students, financial and social assistance to needy students and scholarships to meritorious students. The Executive Council members regularly review the amount of reserves that are required to ensure that they are adequate to fulfil the Society’s continuing obligations. The statement of accounts were presented at each Executive Council meeting for the Council to review and monitor the reserves. Net cash reserves of the Society are as follows:
2015 2014 S$ S$ Cash and cash equivalents (Note 5) 4,159,063 1,814,837 Receivables (excluding prepayments (Note 6) 19,369 324,190 Less: Payables (Note 11) (159,556) (105,845) --------------- --------------- 4,018,876 2,033,182 ========== ==========
LEMBAGA BIASISWA KENANGAN MAULUD
77
35 thAnnual General Meeting
LEMBAGA BIASISWA KENANGAN MAULUD
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER 2015
18 MANAGEMENT OF RESERVES (Continued) The Society’s overall approach to management of reserves remains unchanged from the previous financial year. The Society is not subject to any externally imposed capital requirements.
19 COMPARATIVE FIGURES AND ADJUSTMENTS
Due to the restatement of restricted funds, certain adjustments and reclassifications have been made to the Society’s prior year’s financial statements to enhance comparability with the current year’s financial statements. As a result, certain line items have been amended on the face of Statement of Financial Activities and Balance Sheet of the Society as summarised below:
As previously Adjustments/
2014 reported Reclassification Restated S$ S$ S$
Balance sheet Funds
General funds 2,336,884 (300,000) 2,036,884 Restricted funds - 300,000 300,000 ---------------- ---------------- ---------------- Total funds 2,336,884 - 2,336,884 =========== =========== ===========
Statement of financial activities
As previously Adjustments/ 2014 reported Reclassification Restated S$ S$ S$
General Fund - Income 300,000 (300,000) - - Expenses (306,995) 306,995 - ---------------- ---------------- ---------------- (6,995) 6,995 - =========== =========== =========== Care & Share Grant Fund
- Income - 300,000 300,000 - Expenses - (306,995) (306,995) ---------------- ---------------- ---------------- - (6,995) (6,995) =========== =========== ===========
78
35 thAnnual General Meeting
Notes
79
35 thAnnual General Meeting
Notes
80
LEMBAGA BIASISWA KENANGAN MAULUD
PROPHET MUHAMMAD’S BIRTHDAY
MEMORIAL SCHOLARSHIP FUND BOARD
No 448 Changi Road, #04-01 Wisma Indah
Singapore 419975
Tel: 6447 4770 Fax: 6447 4469
Email: [email protected]
www.lbkm.org.sg