FatwaJohorEndowment (Waqf) & Religious Property
PEMAKAIAN PIAWAIAN PERAKAUNAN ISLAM BAGI BAITULMAL, ZAKAT DAN WAQAF (PPIBZW)
May the Johor Islamic Religious Council adopt the Islamic Accounting Standards for Baitulmal, Zakat and Waqf (PPIBZW)?
Short answer
The Johor State Fatwa Committee agreed to recommend that the Johor Islamic Religious Council adopt the PPIBZW.
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
- Endowment (Waqf) & Religious Property
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Johor State Fatwa Committee agreed to recommend that the Johor Islamic Religious Council adopt the PPIBZW. Its reasons include standardising financial statement reporting with Baitulmal, zakat and waqf institutions throughout Malaysia, and the fact that the Council already applies most of the guidelines. The content of the standards is stated to conform to Islamic law based on the principle of maslahah mursalah. The decision is dated 6 February 2024 and was not gazetted.
Written in our own words from the original fatwa — check the source before acting on it.
Jawatankuasa Fatwa Negeri Joohr bersetuju mencadangkan kepada Majlis Agama Islam Negeri Johor untuk mengguna pakai Piawaian Perakaunan Islam bagi Baitulmal, Zakat dan Waqaf (PPIBZW) berdasarkan perkara-perkara 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. “PEMAKAIAN PIAWAIAN PERAKAUNAN ISLAM BAGI BAITULMAL, ZAKAT DAN WAQAF (PPIBZW)”, 6 February 2024. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=1610. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/islamic-accounting-standards-baitulmal-zakat-waqf-johor/