The stable magnetization configurations of a ferromagnet on a quasiperiodic tiling have been derived theoretically. The magnetization configuration is investigated as a function of the ratio of the exchange to the dipolar energy. The exchange coupling is assumed to decrease exponentially with the distance between magnetic moments. It is demonstrated that for a weak exchange interaction the new structure, the quasiferromagnetic decagonal configuration, corresponds to the minimum of the free energy. The decagonal state represents a new class of frustrated systems where the degenerated ground state is aperiodic and consists of two parts: ordered decagon rings and disordered spin-glass-like phase inside the decagons.