FatwaPerlisZakat
Pengeluaran Zakat Caruman Kumpulan Wang Simpanan Pekerja (KWSP)
Is zakat due on contributions in the EPF Shariah Savings Account, and who is responsible for paying it?
Short answer
The Perlis Fatwa Committee ruled that the EPF Shariah Savings Account is now an investment and business account, so its zakat is paid as business zakat.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perlis State Mufti Department
- Status
- Fatwa committee decision
- Series
- Himpunan Fatwa Negeri Perlis
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Perlis Fatwa Committee ruled that the EPF Shariah Savings Account is now an investment and business account, so its zakat is paid as business zakat. The EPF management calculates and pays the zakat under an agreed wakalah contract, and contributors are no longer obliged to pay if the management has already done so. If no wakalah contract is in place, the contributor must pay the zakat personally. This decision cancels the fatwa of 6 August 2017 which held that EPF money still in savings was not subject to zakat.
Written in our own words from the original fatwa — check the source before acting on it.
Maka wang Simpanan Syariah tersebut hendaklah ditunaikan atas zakat perniagaan.
Read the full fatwa on the Perlis website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perlis State Mufti Department. “Pengeluaran Zakat Caruman Kumpulan Wang Simpanan Pekerja (KWSP)”, date not stated. https://muftiperlis.gov.my/index.php/himpunan-fatwa-negeri/1777-pengeluaran-zakat-caruman-kumpulan-wang-simpanan-pekerja-kwsp. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-epf-shariah-savings-account-perlis/