FatwaSelangorTransactions & Finance
Hukum Perkhidmatan Bizz Channel
Is the Selangor Zakat Centre permitted to use the Bizz Channel service provided by a conventional bank?
Short answer
On 24 June 2002 the Selangor Fatwa Committee ruled that it is haram for the Selangor Zakat Centre to use the Bizz Channel service, because its provider, Bumiputera Commerce, operates conventionally and is directly involved in the riba system.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Tidak Diwartakan
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
On 24 June 2002 the Selangor Fatwa Committee ruled that it is haram for the Selangor Zakat Centre to use the Bizz Channel service, because its provider, Bumiputera Commerce, operates conventionally and is directly involved in the riba system. As an Islamic institution, the Zakat Centre may not carry out any business or service that contradicts Islamic law. The committee also advised confirming with the Federal Territories Mufti Department whether it has issued a ruling on this matter, along with its reasons.
Written in our own words from the original fatwa — check the source before acting on it.
Haram bagi Pusat Zakat Selangor untuk menggunakan perkhidmatan Bizz Channel yang disediakan oleh Bumiputera Commerce (BCBB) yang menjalankan operasinya secara konvensional
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “Hukum Perkhidmatan Bizz Channel”, date not stated. https://www.muftiselangor.gov.my/2023/10/25/hukum-perkhidmatan-bizz-channel/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-bizz-channel-service-zakat-centre/