BAITULMAL’S POTENTIAL AS TRUSTEE FOR UNCLAIMED MONEYS OF MUSLIMS

Baitulmal's potential as a public trustee for unclaimed monies of Muslims in Malaysia is bright, only if parties responsible cooperate to realize it even though this matter is still being debated today. Legally, the Shariah's position on unclaimed monies and properties of Muslims, is that these form part of the resources for Baitulmal. However, the provisions of the Unclaimed Moneys Act 1965 prevail over the jurisdiction of Baitulmal to manage this matter in Malaysia. Thus, beginning from this point, this article highlights Baitulmal's potential to be the trustee for unclaimed monies of Muslims in Malaysia and gives suggestions to make this a reality. This research uses a qualitative approach through historical study and content analysis. Research results argue that Baitulmal should rightfully be placed in a high position within the country's administrative system, but in Malaysia its role is limited and subject to the State Islamic Religious Council. Hence, exploring the potential of Baitulmal in managing unclaimed moneys of Muslims in Malaysia needs to be comprehensively conducted to empower the role of Baitulmal to maintain and sustain the welfare of the whole Muslim community in Malaysia