Kuala Lumpur, Monday, 18 May 2026 – Censof Holdings Berhad (“Censof” or “the Group”) ispleased to announce that its wholly-owned subsidiary, Century Software (Malaysia) Sdn Bhd (“Century Software”), has been awarded a major contract by Majlis Agama Islam WilayahPersekutuan (“MAIWP”).
The contract is for the development of an Integrated System for MAIWP based on compliance with Standard Accounting System for Government Agencies (“SAGA”) and Islamic Accounting Standards for Baitulmal, Zakat, and Wakaf (“PPIBZW”).
The contract value is RM17.8 million for a duration of five (5) years, commencing on 1 June 2026 and ending on 31 May 2031.
This initiative aims to enhance governance, transparency, and operational efficiency in managing Baitulmal operations in full compliance with Malaysian government accounting standards and Islamic accounting standards.
“The project includes the modernisation of their existing financial management system including an accounting system that complies with SAGA and PPIBZW, Property Management, Asset Management, and Project Management”, says Dr. Zainul Ariffin Harun, Group Chief Revenue Officer. He also adds that this project will implement AI and Automation infused functionality such as AI Bank Reconciliation, Automated Financial Statement (AFS), AI Financial Chatbot and
AI LLM Studio.
The award further strengthens Censof’s position as a trusted provider of specialised financial and accounting technology solutions for government and Islamic financial institutions in Malaysia.
***