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Cont… S 81 (1) AILS 2003 stated that fund to beknown as baitulmal is to be established. Itshall consist <strong>of</strong> money or property, movable orimmovable which under Muslim law or theenactment accrues or is contributed by anyperson to the fund. All money vested to Majlis who willadminister the fund. Any investment <strong>of</strong> suchasset may be sold, utlised and disposed <strong>of</strong>, theproceeds may be invested from time to timebeing an investment <strong>of</strong> trust fund.