MUIS defends policy of charging market-rate rent for wakaf properties

MUIS defends policy of charging market-rate rent for wakaf properties

The Straits Times - Business·2026-02-11 21:00

SINGAPORE - By charging tenants rent at market rates, wakaf properties can keep generating income for the causes they support, the Islamic Religious Council of Singapore (MUIS) said on Feb 11.

It was responding to public concern over its management of such properties in Kampong Gelam, where heritage businesses have reported being priced out of the area by rising rents.

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