FatwaPenangZakat
MEMOHON PANDANGAN PENGIRAAN ZAKAT KWSP YANG TIDAK PATUH SYARIAH
How is zakat calculated on EPF savings held in a non-Shariah-compliant account?
Short answer
Dividends from a conventional savings account must first go through a purification process.
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
Dividends from a conventional savings account must first go through a purification process. The remaining Shariah-compliant dividend is then added to the principal and bonus for the zakat calculation. Muslim EPF contributors are obliged to switch from a Conventional Savings account to a Shariah Savings account immediately.
Written in our own words from the original fatwa — check the source before acting on it.
Pencarum KWSP yang beragama Islam wajib menukar status akaun Simpanan Konvensional kepada akaun Simpanan Syariah dengan segera.
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. “MEMOHON PANDANGAN PENGIRAAN ZAKAT KWSP YANG TIDAK PATUH SYARIAH”, 18 May 2022. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=1486. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-calculation-non-shariah-compliant-epf/