FatwaMelakaZakat
Pelaburan Menggunakan Wang Zakat Dan Syarat-Syaratnya
Can zakat funds be invested, and what are the conditions?
Short answer
Under the Melaka fatwa, zakat funds in principle may not be invested.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Melaka State Mufti Department
- Date
- Status
- Gazetted
- Series
- Warta Fatwa Negeri Melaka
- Topic
- Zakat
Gazette evidence in the source: M.P.U. 23
Summary
Under the Melaka fatwa, zakat funds in principle may not be invested. If distribution to all eligible recipients has been completed properly and a surplus remains, the surplus may be invested for the general public interest (maslahah 'ammah). Conditions include written guarantees from the Melaka Islamic Religious Council that the capital and profits remain zakat funds, that any losses will be repaid, and that the capital can be liquidated at any time. The investment must also comply with Shariah, be carefully studied, be approved at a Council meeting and be managed by an experienced and trustworthy body.
Written in our own words from the original fatwa — check the source before acting on it.
Menetapkan bahawa pada dasarnya harta zakat tidak harus dilaburkan.
Read the full fatwa on the Melaka website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Melaka State Mufti Department. “Pelaburan Menggunakan Wang Zakat Dan Syarat-Syaratnya”, 19 November 2009. https://www.muftimelaka.gov.my/fatwa/pelaburan-menggunakan-wang-zakat-dan-syarat-syaratnya. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/investing-zakat-funds-conditions/