Centre for Financial Sustainability (CFS), Universiti Malaysia Kelantan
The Centre for Financial Sustainability (CFS), Universiti Malaysia Kelantan, was established on 1 July 2025 to support the university’s efforts in achieving long-term financial sustainability through strategic, well-structured, and high-impact approaches.
CFS was introduced as an initiative to strengthen financial resources through sustainable funding and income generation. Through the concepts of philanthropy, endowment, waqf, and income-generating activities, UMK is able to develop various academic, research, welfare, and entrepreneurship initiatives in line with its aspiration to be a leading institution in entrepreneurship education in Malaysia.
The organisational structure of the centre consists of three main divisions:
Funding Division – comprising the Endowment & Research Chair Unit, the Waqf & Infaq Unit, and the Zakat Unit.
Income Generation Division – comprising the Space, Facilities & General Management Unit, and the Academic, Research & Innovation Income Unit.
Administration & Finance Division – responsible for the management of human resources, finance, and governance of the centre.
Leading sustainable finance, driving a resilient university.
To empower strategic and sustainable approaches for alternative university funding and income generation.
To optimise the potential of existing university resources for sustainable revenue generation.
To establish strategic collaborations with industry, communities, and stakeholders through value-based financial instruments.
To establish a strategic framework for the management of endowment, waqf, zakat, and donations.
To coordinate the university’s income generation initiatives through the monetization of assets, academic programs, and research.
To ensure financial governance and reporting are conducted with transparency and integrity.
To support the university’s financial sustainability through alternative and sustainable funding sources.
To raise awareness among the campus community and the public on the importance of value-based funding and financial sustainability.
