Rujuk FatwaMalaysian fatwa reference
BM

FatwaSelangorTransactions & Finance

Pandangan Hukum Syarak; Kadar Peratusan Terkini Pelaburan Patuh Syariah PNB Dan Ketetapan Kadar Taksiran Zakat Ke Atas Pelaburan ASNB

What is the zakat rate on ASNB investments, and is PNB's investment Shariah compliant?

Short answer

The Selangor Fatwa Committee noted that PNB reached 75.7% Shariah compliance as of December 2020, above the 75% target on which the permissibility of investing in ASNB rests.

SelangorFatwa committee decision

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

The Selangor Fatwa Committee noted that PNB reached 75.7% Shariah compliance as of December 2020, above the 75% target on which the permissibility of investing in ASNB rests. Zakat is assessed at 2.5% of the year's investment amount together with dividends and bonuses announced in the following year. The zakat obligation applies in full to the investment assets, dividends and bonuses.

Written in our own words from the original fatwa — check the source before acting on it.

Kewajipan zakat terhadap pelaburan ASNB adalah dikenakan sepenuhnya ke atas aset pelaburan, dividen dan bonus.

Excerpt from the original fatwa · Selangor

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. “Pandangan Hukum Syarak; Kadar Peratusan Terkini Pelaburan Patuh Syariah PNB Dan Ketetapan Kadar Taksiran Zakat Ke Atas Pelaburan ASNB”, date not stated. https://www.muftiselangor.gov.my/2023/10/27/pandangan-hukum-syarak-kadar-peratusan-terkini-pelaburan-patuh-syariah-pnb-dan-ketetapan-kadar-taksiran-zakat-ke-atas-pelaburan-asnb/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-rate-asnb-investment-shariah-compliance/