FatwaNationalZakat
Status Kewajipan Zakat Ke Atas Syarikat Pelaburan Hartanah Berhad (PHB)
Is Syarikat Pelaburan Hartanah Berhad (PHB) obliged to pay zakat?
Short answer
PHB is a company wholly owned by the Government, so it is not obliged to pay zakat.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- National Fatwa Committee (JAKIM)
- Date
- Status
- Fatwa committee decision
- Series
- Kompilasi Pandangan Hukum Muzakarah Jawatankuasa Fatwa MKI (JAKIM, terbitan 2016)
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
PHB is a company wholly owned by the Government, so it is not obliged to pay zakat. The ruling follows the majority view of the Hanafi, Maliki, Shafii and Hanbali scholars that government assets invested to earn profit are public property and not subject to zakat. This applies where all of the company's capital comes from the government and there are no individual or private company shareholders.
Written in our own words from the original fatwa — check the source before acting on it.
Muzakarah bersetuju memutuskan bahawa Syarikat Pelaburan Hartanah Berhad (PHB) yang merupakan syarikat milik penuh Kerajaan tidak diwajibkan mengeluarkan Zakat.
Read the full fatwa on the National website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
National Fatwa Committee (JAKIM). “Status Kewajipan Zakat Ke Atas Syarikat Pelaburan Hartanah Berhad (PHB)”, 27 September 2012. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#status-kewajipan-zakat-ke-atas-syarikat-pelaburan-hartanah-berhad-phb. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/is-phb-government-company-liable-for-zakat/