FatwaPerlisZakat
Bayaran Zakat Oleh Institusi Kewangan Bagi Pihak Pendeposit
May a bank pay zakat on behalf of its depositors?
Short answer
A bank may pay zakat on behalf of depositors once it has their consent (wakalah).
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perlis State Mufti Department
- Status
- Fatwa committee decision
- Series
- Himpunan Fatwa Negeri Perlis
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
A bank may pay zakat on behalf of depositors once it has their consent (wakalah). The depositor's haul count begins when the savings reach the nisab after consent is given, and the lowest value that still meets the nisab is used to calculate the zakat due once the haul is complete. Banks are asked to remind depositors that zakat is calculated on the combined total of all their money and gold savings, not only those held in one bank.
Written in our own words from the original fatwa — check the source before acting on it.
Jawatankuasa Fatwa Negeri Perlis bersetuju bahawa pihak bank boleh mengeluarkan zakat bagi pihak pendeposit setelah mendapat persetujuan mereka.
Read the full fatwa on the Perlis website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perlis State Mufti Department. “Bayaran Zakat Oleh Institusi Kewangan Bagi Pihak Pendeposit”, date not stated. https://muftiperlis.gov.my/index.php/himpunan-fatwa-negeri/1285-bayaran-zakat-oleh-institusi-kewangan-bagi-pihak-pendeposit. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/bank-paying-zakat-on-behalf-of-depositors/