FatwaJohorZakat
KAEDAH PENGIRAAN ZAKAT PERNIAGAAN NEGERI JOHOR
What methods of calculating business zakat were approved by the Johor Fatwa Committee?
Short answer
The Johor Fatwa Committee approved two methods of calculating business zakat: the Working Capital Method (Syariah) and the Growth Capital Method (Urufiah).
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Johor State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Fatwa Negeri Johor
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Johor Fatwa Committee approved two methods of calculating business zakat: the Working Capital Method (Syariah) and the Growth Capital Method (Urufiah). Both are based on the balanced accounting equation and yield the same result. Before assessment, certain items must be adjusted according to zakat fiqh discussions, such as deducting non-trade assets and assets not fully owned, and adding certain liabilities whose source is fully owned or whose zakat has been settled first. Charity funds and income that is not Shariah-compliant are also deducted.
Written in our own words from the original fatwa — check the source before acting on it.
Bersetuju dengan dua kaedah pengiraan zakat perniagaan berikut:
Read the full fatwa on the Johor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Johor State Mufti Department. “KAEDAH PENGIRAAN ZAKAT PERNIAGAAN NEGERI JOHOR”, 3 November 2020. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=144. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/how-johor-fatwa-committee-calculates-business-zakat/