Muis is planning to revive the noble act of perpetual giving by creating a new Wakaf called Wakaf Ilmu. The word “Ilmu” means knowledge in both Malay and Arabic. This is in line with the objective of the Wakaf which is to fund the Islamic Education in Singapore specifically for the full-time and part-time Madrasah. Muis intends to consolidate the beneficial income received, contributions from planned giving and contributions from the public for this Wakaf Ilmu to build up its capital. The revenue generated through the investment of the Wakaf in capital guaranteed instruments and possibly properties in future can help supplement and sustain Muis’ long term financial commitments on some of its key programs specifically for the Islamic Education in Singapore.