FatwaPenangZakat
PANDANGAN HUKUM DAN FATWA BAGI PEMBIAYAAN AL-QARD MENGGUNAKAN DANA ZAKAT KEPADA USAHAWAN ASNAF (IQRAD ZAKAT)
Is it permissible to give al-qard financing to asnaf entrepreneurs using zakat funds?
Short answer
The Penang State Fatwa Committee ruled that al-qard financing funded by Bank Rakyat's zakat fund is permissible.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Penang State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Negeri Pulau Pinang (e-Fatwa)
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Penang State Fatwa Committee ruled that al-qard financing funded by Bank Rakyat's zakat fund is permissible. The recipient asnaf entrepreneur must have the potential to repay, and the financing must be solely for asnaf entrepreneurship purposes. If the entrepreneur is truly unable to repay and this is confirmed by the financing manager, the financing is treated as written off and counted as zakat.
Written in our own words from the original fatwa — check the source before acting on it.
Hukum Pembiayaan Al-Qard yang Dibiayai oleh Dana Zakat Bank Rakyat adalah harus dengan syarat seperti berikut:
Read the full fatwa on the Penang website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Penang State Mufti Department. “PANDANGAN HUKUM DAN FATWA BAGI PEMBIAYAAN AL-QARD MENGGUNAKAN DANA ZAKAT KEPADA USAHAWAN ASNAF (IQRAD ZAKAT)”, 6 August 2024. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=1661. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-al-qard-financing-zakat-funds-asnaf-entrepreneurs/