The Singapore Islamic Finance Forum (SIFF) is proud to present its inaugural Zakat Masterclass. This initiative invites Community Organisations in Singapore that manage collective funds, including zakat monies, to review current practices and explore sustainable, Shariah compliant approaches that enhance governance and community impact.
We recognise the diligence with which Community Organisations already manage zakat. At the same time, funds may be held for extended periods for audit requirements or placed in conventional accounts where they remain idle. This masterclass encourages participants to consider practical, compliant options that put these balances to more purposeful use for the benefit of the community.
Across Singapore and the region, isolated lapses in oversight have shown how quickly public confidence can be affected. Equally, there are inspiring examples where zakat has moved beyond immediate relief to support long term empowerment, such as entrepreneurship and skills training for asnaf. These models show how well governed zakat can uplift households and help break cycles of poverty.
Led by Dr Ziyaad Mahomed, Associate Professor at INCEIF University, this masterclass provides a practical framework to strengthen zakat governance and align organisational practices with Shariah principles and evolving community needs. Participants will leave with clear tools for policy making, investment stewardship for unutilised balances, and transparent reporting that reinforces public trust.
Sustainable, Shariah-compliant practices when managing community funds in line with divine guidance
Innovative Zakat models around the world and solutions that go beyond immediate relief to your organisation
A strong end to end Zakat governance foundation and framework that impacts the community and serves as a model for other MMOs.
Dr Ziyaad is Associate Professor, Lead Researcher (Shariah) for the Centre of Excellence in Social Finance, and Head of Online Programs at INCEIF University.
He is the former Associate Dean and Director of Executive Education and of E-learning at the same university.
Dr Ziyaad has advised financial institutions and regulators in Islamic finance, regulation, social finance, fintech and sustainability for almost 25 years. His work spans over 20 countries, with more than 12,000 participants attending his training programs on various aspects of Islamic finance.
Dr Ziyaad is Associate Professor, Lead Researcher (Shariah) for the Centre of Excellence in Social Finance, and Head of Online Programs at INCEIF University.
He is the former Associate Dean and Director of Executive Education and of E-learning at the same university. Dr Ziyaad has advised financial institutions and regulators in Islamic finance, regulation, social finance, fintech and sustainability for almost 25 years.
His work spans over 20 countries, with more than 12,000 participants attending his training programs on various aspects of Islamic finance.
Dr Ziyaad has led numerous consulting projects on policy and strategy for large financial institutions and governmental organisations including the UK, Malaysia, Kazakhstan and Pakistan in Islamic banking and takaful, sustainability, sukuk, fintech and social finance advancement.
His advisory in the capital market has led to the certification of some of the largest sovereign and corporate Sukuk issuances in Malaysia and Nigeria.
He is also a consultant to the World Bank for sustainable development of Islamic finance in South-East Asia and Adjunct Professor at the Asia School of Business in collaboration with MIT in the US.
He served as lead consultant on several sustainability projects for financial institutions in Malaysia, providing social impact and ESG assessments and strategies for value-based intermediation, fintech and social finance.
Dr Ziyaad serves as Chairman and/or member of several Shariah boards internationally, including HSBC Amanah and Munich Re in Malaysia, Tajbank, FBN Quest and One17 Capital in Nigeria, Ayady Takaful and BML Islamic in the Maldives and iConsult Africa in South Africa, EduPro in the UK and IMAN in Uzbekistan amongst several others.
He holds a Masters and PhD in Islamic Finance from Malaysia, an MBA from South Africa, a BA (Hons) in Business (Finance) from the UK, and certification in the Islamic sciences from South Africa and Jordan.
He lectures in Islamic Jurisprudence, Law of Contract, Sustainability and Social Finance, with almost 100 publications in academic and professional output.
Management & Executives of Community Organisations in Singapore
Finance officers, administrators, treasurers, and trustees
Anyone directly responsible for zakat collection, management, or distribution
Understand the principles of Shariah governance in zakat
Learn how to design compliant collection, holding, and disbursement processes
Gain clarity on the eight asnaf categories and how they apply to evolving community needs
Build confidence to engage with auditors and regulators on zakat governance matters
Implement internal checks, reporting standards, and audit practices that strengthen trust
Yes, the class will be recorded and attendees will receive a recording of the class
Unfortunately, at the moment, the class will be held fully physical. You could alternatively send a representative and then have access to the recording.
Yes, class materials will be provided before the start of the class to your email in a PDF manner.
Yes, light breakfast and set lunch is included in this masterclass.
Participants will have access to booking Dr Ziyaad’s calendar for a one hour Zoom call to ask any questions on how the participants can apply the lessons taught in the masterclass.
Choose to pay either by Stripe or Invoice
For 3 or more registrants, please email us at contact@islamicfinancesg.com to receive early bird offer of S$300 per pax.




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