FatwaNationalZakat
Zakat Ke Atas Bank-Bank Dan Syarikat-Syarikat Perniagaan Yang Berlandaskan Syariah Yang Syarikat Induknya Di Miliki Oleh Orang Bukan Islam
Are Shariah-based banks and business companies required to pay zakat if their parent company is owned by non-Muslims?
Short answer
The Special Muzakarah of the National Fatwa Committee on 16 August 2001 resolved that all Islamic banks managing their business according to Shariah must pay zakat.
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 Special Muzakarah of the National Fatwa Committee on 16 August 2001 resolved that all Islamic banks managing their business according to Shariah must pay zakat. The same obligation applies to counters operating Shariah-based businesses even when the parent company is non-Muslim.
Written in our own words from the original fatwa — check the source before acting on it.
Muzakarah telah memutuskan bahawa semua perbankan Islam yang menjalankan pengurusan perniagaan berlandaskan syarak wajib mengeluarkan zakat begitu juga semua kaunter yang menjalankan perniagaan berlandaskan syarak yang induknya bukan Islam.
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 Bank-Bank Dan Syarikat-Syarikat Perniagaan Yang Berlandaskan Syariah Yang Syarikat Induknya Di Miliki Oleh Orang Bukan Islam”, 16 August 2001. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#zakat-ke-atas-bank-bank-dan-syarikat-syarikat-perniagaan-yang-berlandaskan-syariah-yang-syarikat-induknya-di-miliki-oleh. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/zakat-shariah-banks-non-muslim-parent-company/