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FatwaJohorTransactions & Finance

KEUNTUNGAN SIMPANAN AL MUDOROBAH

Who may receive the profit from al-mudharabah savings in the zakat and fitrah fund account?

Short answer

The Johor State Fatwa Committee decided that profit from al-mudharabah savings held in the zakat and fitrah fund account is permissible to be given to the baitulmal.

JohorFatwa committee decision

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
Transactions & Finance

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

The Johor State Fatwa Committee decided that profit from al-mudharabah savings held in the zakat and fitrah fund account is permissible to be given to the baitulmal. However, priority in distribution must be given to the eight categories of asnaf. The decision was made on 12 July 2011 and was not gazetted.

Written in our own words from the original fatwa — check the source before acting on it.

Kuntungan simpanan al mudorobah didalam akaun kumpulan wang zakat dan fitrah harus diberikan kepada baitulmal.

Excerpt from the original fatwa · Johor

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. “KEUNTUNGAN SIMPANAN AL MUDOROBAH”, 12 July 2011. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=370. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/profit-mudharabah-savings-zakat-fitrah-fund/