Sadaqa House Bank Islam
Sadaqa House is a charity crowdfunding platform where potential donors and charity projects meet at a common point facilitated by Bank Islam. Bank Islam, through Sadaqa House, provides value-added services to collect, manage and distribute donations from the public by channelling such funds towards identified charity projects that realise positive outcomes for underserved communities within selected focus sectors.
Aimed to deliver positive and sustainable impact, every aspect of the process is implemented with good governance and professional fund management, instilling greater trust and assurance that contributions to Sadaqa House are channelled towards impactful projects that benefit lives directly. Embodying a true Malaysian spirit, Sadaqa House practices an inclusive approach in terms of its policies.
Both Muslims and non-Muslims are welcomed and served by Sadaqa House as donors and beneficiaries. This approach comes from Bank Islam’s belief that opportunities should be open to all in propagating a philanthropic culture and helping all Malaysians to manage their donations from end-to-end.
In 2018, Bank Islam launched a social finance initiative called as Sadaqa House, a hybrid between technology and Shariah solutions. It is a charity crowdfunding platform which acts as a meeting point between donors and change-makers as well as beneficiaries oversighted by Bank Islam. With Sadaqa House, we create a new narrative where participatory funding platform is teaming up with traditional banking to create combined offers for social impacts.
And because Sadaqa House has a bank behind it, thus, all corporate governance practice of the Bank is adopted within its internal process. This is crucial because the Bank performs due diligence on behalf of donors towards the change-makers and beneficiaries of the fund who are of diverse backgrounds, races and religions. We understand the transparency and social impacts are key concerns to any donors, hence, the system within Sadaqa House allows contributors to track the progress of the chosen project.
On 27th May 2022, the Sadaqa House Orphan Fund was launched with a strong aspiration to safeguard the welfare and education of orphans, from new-born babies to adolescents, regardless the race or religion.
The launch marks another significant milestone achieved by the Bank in optimising Islamic social finance instruments to ensure the sustainable livelihood of the community.
The new fund, themed “From Cradle to Graduation”, aims to benefit orphans, from new-borns to adolescents, throughout the country. It ensures that the orphans are not lagging in education and allows them to complete their studies until the tertiary level.
To learn more on the Sadaqa House Orphan Fund click here
Financial Highlights
Fund collection as at 30 June 2023
Sadaqa House Orphan Fund | RM598,155 |
BangKIT Fund | RM1,034,002 |
Direct Fund | RM154,151 |
|
RM85,243 |
|
RM6,128 |
|
RM3,176 |
|
RM23,121 |
|
RM16,807 |
|
RM7,016 |
|
RM943 |
|
RM11,717 |
General Fund | RM165,712 |
Fund distribution as at 30 June 2023
Sadaqa House Orphan Fund | RM121,773 |
BangKIT Fund | RM501,500 |
Direct Fund | RM303,832 |
|
RM28,400 |
|
RM16,760 |
|
– |
|
RM17,972 |
|
– |
|
RM187,200 |
|
RM3,500 |
|
RM50,000 |
General Fund | RM192,933 |
Impact Creation
2023
2022
Channel of Contribution:
Fund transfer |
Sadaqa House 140 140 101 88888 Bank Islam Malaysia Berhad |
Bank Islam Credit Card-i |
Through the redemption of Trupoints Rewards at: https://trurewards.bankislam.com.my (Category Product: Welfare) |
QR Code DuitNow
|
Step 1 Select banking application Step 2 Step 3 |
Boost Application
|
Step 1 Download the Boost application via Play Store (Android) or App Store (iOS) Step 2 Step 3 |
Tax deductible (for Malaysians)
According to the allocation of subsection 44(6) Act of Income Tax 1967 your donation is tax deductible if you donate to:
- Yayasan IJN (Ref LHDN.01/35/42/51/1796.4359)
- Yayasan Sultanah Bahiyah (Ref LHDN. 01/35/42/51/179-6.4481)
RM50 and above amount of donation are eligible to demand the tax deduction. This agreement applicable from 1st May 2019 to 31st June 2024.
Please e-mail to sadaqahouse@bankislam.com.my, and we will guide you on how to request for tax deduction receipt.
The uniqueness of Sadaqa House as the crowdfunding platform
As a charity crowdfunding platform, Sadaqa House has become a meaningful channel to give back to society by playing a vital role as an intermediary and meeting point between donors, change-makers and beneficiaries.
With responsibility, accountability and transparency, Sadaqa House collects, manages and distributes donations from the public towards realising identified charitable projects for underserved communities.
Fund Categories
We welcome generous individuals and institutions to choose Sadaqa House to manage your philanthropic fund and let us professionally manage your fund for charitable causes through four selections of funds:
- Perpetual Fund: where the principal will remain in perpetuity and invested, only the returns generated will be distributed to charitable causes;
- General Fund: where donors do not specify any specific charitable projects and it is the discretional of Bank Islam’s Zakat & Charity Committee to decide the distribution according to available and suitable charitable projects;
- Direct Fund: where donors can choose to donate directly to charitable projects under Sadaqa House; and
- Wakalah Zakat Fund. Wakalah zakat is a portion of Bank Islam’s zakat refunded by the State Islamic Religious Councils for BIMB’s self-distribution.
For further information:
Website | https://www.sadaqahouse.com.my |
https://www.facebook.com/sadaqahouse/ | |
https://www.instagram.com/sadaqa_house/ | |
YouTube | https://www.youtube.com/channel/UCUhCMHlwkMpM2ICXwpGi0BA |
Bank Islam | Group Financial Inclusion Division Bank Islam Malaysia Berhad Level 27, Menara Bank Islam No 22, Jalan Perak 50450 Kuala Lumpur |
Management of Fund
Sadaqa House is operated by the Group Financial Inclusion Division of Bank Islam and is guided by Sadaqa House Management Guideline, which was approved by the Management Risk Control Committee and Shariah Supervisory Council of the Bank.
The Sadaqa House and Zakat Committee is the dedicated management sub-committee that provides oversight and direction on the strategies, processes, and activities of Sadaqa House.
Governance of Sadaqa House
In managing the public donations of Sadaqa House, the Bank remains steadfast in promoting and sustaining a strong culture of corporate governance in order to protect the interests of all stakeholders, including the donors and beneficiaries. In this respect, the Board is fully committed to adopting high standards of business integrity, ethics and professionalism with the right executive leadership and strategy. At the same time, the Board ensures internal controls, risk management and compliance to Shariah rules and principles govern all the Bank’s initiatives, including Sadaqa House.
To learn more on the governance structure, please go through our Impact Report.
The four main sectors where funds are channelled are Community Empowerment, Healthcare, Education and Environment. These are in line with the underpinning thrust of Bank Negara Malaysia’s Guidance Documents on Value-Based Intermediation (VBI) for Islamic banks.

Sadaqa House aims to enable and support community-led actions that strengthen social cohesion and inclusivity through sustainable economic and social empowerment within communities.

Sadaqa House aims to support underserved communities to have access to quality health treatment.

Sadaqa House aims to support efforts of community to ensure every child has access to quality education with emphasis on holistic learning outcomes.

Sadaqa House aims to protect natural capital and resources through building of environmental consciousness as well as supporting renewable energy efforts.
Changemakers:
Community Empowerment |
Yayasan Sultanah Bahiyah
MyVista
Mercy Mission Malaysia
|
Healthcare |
Institut Jantung Negara Foundation (IJNF)
|
Education |
Buku Jalanan Chow Kit (BJCK)
Brain For Future (BFF)
Pertubuhan Kegiatan Dakwah Islamiah Sekolah-Sekolah Malaysia (PEKDIS)
|
Environment |
Universiti Teknologi Malaysia (UTM)
|
iTEKAD BangKIT Changemakers:











Impact Report 2020 |
Click here to download |
Impact Report 2021 |
Click here to download |
Impact Report 2022 |
Click here to download |