WEALTH PURIFICATION

Wealth is not just about accumulation — it is about responsibility, balance and impact. At Maybank Islamic Wealth Management, Wealth Purification is a key pillar that ensures financial success remains meaningful, accountable and aligned with values.

Through structured purification strategies such as donations (Sadaqah) and almsgiving (Zakat), we help you fulfil your philanthropic objectives while contributing to the betterment of society. By giving back, you not only uplift communities but also ensure that your wealth remains spiritually and ethically refined—enhancing its long-term blessings and sustainability.

Giving back and strengthening communities

Sharing the blessings: Wealth is a trust and true preservation is achieved when prosperity benefits others. Discover how our initiatives support the wider community through impact-driven financial solutions.

Empowering Communities - Community Gala Night 2025

Discover how we uplift communities through A Night of Giving through the channels below

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At Maybank Islamic Wealth Management, we believe that true wealth is not just preserved but shared. Through structured Wealth Purification, you ensure that your financial journey remains principled, impactful, and fulfilling.

Refine your wealth. Elevate your purpose.

Calculate your Zakat and Fidyah in just a few steps.

Use the calculator below to work out your Zakat quickly and conveniently. If you choose to pay your Zakat through Maybank, you can select your preferred beneficiaries, including PERGAS, PERTAPIS, MCAS, Muhammadiyah and others.

Launch Calculator: Maybank Islamic Wealth Zakat Calculator

Launch Calculator: Maybank Islamic Wealth Fidyah Calculator

How we calculate Zakat and Fidyah

At Maybank, our Zakat and Fidyah calculations are based on MUIS guidelines, with additional features designed to provide a more comprehensive view of your finances and Zakat assessment. The calculator allows you to:

• Consolidate different asset types such as cash, gold, and investments (including securities), as well as relevant takaful or insurance related values (where applicable).
• Optionally include immediate liabilities, in line with recognized scholarly views on modern asset based Zakat calculation.

Note: The Fidyah calculator is based on compounding and non-compounding calculation applicable to its category which is an optional basis based on MUIS guidelines. The standardise calculation of non-compounding basis will be made available in future.

You may make your Zakat and Fidyah payment through Maybank using either the M2U App or M2U Online Banking. Follow the steps below.

M2U app

M2U Online Banking

Step 1: Log in to Maybank Singapore M2U Online Banking.

Step 2: Go to Pay & Transfer, then select Pay.

Step 3: Select Pay to Local Billing Organisation.

Step 4: Under New One-Time Payment, search for VBG, then select your preferred beneficiary.

Step 5: Enter your payment details:

• NRIC/FIN
• Purpose (select the relevant type)
• If you selected MUIS: IRAS Auto Inclusion (type Yes or No)
• If you selected other beneficiaries: Official receipt (type Yes or No)
• Amount

Step 6: Review and confirm your details.

Step 7: Done.

Receipt note: If you selected a beneficiary other than MUIS and requested an official receipt, it will be emailed to your Maybank registered email address within at least 2 weeks.