FatwaNationalZakat
Zakat Ke Atas Syarikat
Is a business company obliged to pay zakat, and what are the conditions?
Short answer
The 31st Muzakarah of the National Fatwa Committee (9 December 1992) ruled that a business company must pay zakat when the conditions are met.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- National Fatwa Committee (JAKIM)
- Date
- Status
- Fatwa committee decision
- Series
- Kompilasi Pandangan Hukum Muzakarah Jawatankuasa Fatwa MKI (JAKIM, terbitan 2016)
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The 31st Muzakarah of the National Fatwa Committee (9 December 1992) ruled that a business company must pay zakat when the conditions are met. These are ownership by a free Muslim, full ownership, reaching the nisab and completing one lunar year (haul), at a rate of 2.5%. For a company co-owned by Muslims and non-Muslims, zakat is due only on the Muslim-held shares, based on the net income earned.
Written in our own words from the original fatwa — check the source before acting on it.
Muzakarah telah memutuskan bahawa syarikat perniagaan adalah diwajibkan zakat apabila mencukupi syarat-syarat seperti berikut::
Read the full fatwa on the National website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
National Fatwa Committee (JAKIM). “Zakat Ke Atas Syarikat”, 9 December 1992. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#zakat-ke-atas-syarikat. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-on-business-companies/