Document Type
Conference Item
Publication Date
1-1-2018
Abstract
The issue of zakat payment by legal entities or companies remains a dispute among current intellectuals. The bigger question arises regarding the capacity of company to become a zakat payer. In Malaysia, zakat payment is not only made by individuals but also made by establishment such as companies. Therefore, this article was developed to conduct a survey regarding the practice of zakat payment by companies, especially the Islamic financial institution in Malaysia. In this study, qualitative approach is used and analysis was carried out on the basic of the payment, types of zakat, and the method of zakat calculation by Islamic financial institution in Malaysia.
Keywords
Zakat, Property, Islamic financial institutions, Legal entity, Malaysia
Divisions
DeptofFiqhUsul
Event Title
6th International Prophetic Heritage Conference 2018 (SWAN 2018)
Event Location
International University For Renewal (IUR) Essenyurt, Turkey
Event Dates
2-3 October 2018
Event Type
conference
Additional Information
Conference paper