Preview

Towards Professional Zakat Institutions

Best Essays
Open Document
Open Document
3377 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Towards Professional Zakat Institutions
TOWARDS PROFESSIONAL ZAKAT INSTITUTIONS: THE MALAYSIAN PERSPECTIVE Najihah Mokter Kuliyyah of Economics and Management Sciences International Islamic University Malaysia Abstract: Zakat is a duty from Allah since it is one of Pillars in Islam similar to the duty of Solat. In establishing Solat, the Muslims community organizes a place of worship so that it can be performed completely by Muslim. Similarly, Muslims are obligated to establish the institution of Zakat in order to collect Zakat and distribute them to the needy ones. The collection of Zakat is very important towards the development of economic country so that Muslim ummah can live in harmony and do contribution towards humanity. Therefore, it is really need to have strong and firm institution in order to become an effective administration and organization structure for the Zakat management. Keywords: Baitulmal, Fard, Islam, Recipients of Zakat, Syaria, Zakat.

1.0 Introduction The word zakat is the infinite of the verb zakat, meaning ‘to grow and to increase’. When said about a person, it means ‘to improve, to become better.’ Consequently, zakat means ‘blessing, growth, cleanliness or betterment.’ In the Shari’a the word zakat refers to the determined share of wealth prescribed by Allah to be distributed among the categories of those entitled to receive it. Zakat is a social obligation and financial due, whose proceeds help the economically weak and needy citizens of the state. It is a social duty defined as a right of the needy and destitute, a financial tax obligated by Allah to be taken from the wealthy in the nation and rendered to its poor in fulfillment of the right of brotherhood, the right of society, and the right of Allah. 2.1 Development of Zakat Institutions in Malaysia In the Malaysian contexts, Islam has been recognized as the official of the State. As stated in the Federal Constitution, Article 3 (1), it is clear that



Bibliography: Abdul-Wahab, Mohamed et al., (1995) “Malaysia” (A case Study of Zakat Management), in: el- Abdul Rahim, A.R Chapra, M.U. (2002) The Future of Economis: An Islamic Perspectove. Leicester, U.K: The Islaimc Foundation Dr Syawal Kaslam, Governance Zakat as a Social Institution: The Malaysian Perspective, 2007. [ 4 ]. Muhammad Syukri, 2006 p.214-219. [ 5 ]. Aidit, 1989; Muhammad Syukri, 2006; Sanep et. Al, 2006; and Hairunnizam et. Al 2008. [ 6 ]. Nik Mustapha, 1991

You May Also Find These Documents Helpful

  • Good Essays

    Marimba Essay

    • 897 Words
    • 4 Pages

    The film follows Sanad through a few hours of his life which include seemingly unimportant events that lead to his eyes being opened to the realities of the call to the practice of zakat in the Islamic faith. Zakat is a subsection of the fourth pillar of Islam, which specifically refers to charitable giving in order to “purify or make sacred their wealth” by giving to the poor in the name of God (Turner 154). The opening of the film shows Sanad in fairly nice clothing, with a nice home, and an iPhone—subtly showing his wealth. The film is set in Jordan, a primarily Muslim country which allows the viewer to believe that Sanad is a Muslim, and should be practicing zakat. According to the Qur’an, one who is able should give what they have to the poor, and do so because of what has been provided to them from…

    • 897 Words
    • 4 Pages
    Good Essays
  • Good Essays

    5 Pillars Of Islam Essay

    • 591 Words
    • 3 Pages

    The third pillar of Islam, Zakat, recognizes the importance of sharing with others. Chairity is an important part of Islam. Giving to the poor was an incremental part of Muhamad’s teachings. Muhammad felt that it was one of the solutions to society’s problems. A certain portion of one’s salary should be donated to the…

    • 591 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Muhammad Spread Islam

    • 1042 Words
    • 5 Pages

    giving of alms which is known as Zakat. "It is a religious duty and should amount to not less…

    • 1042 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Mr Anees Razzak

    • 1252 Words
    • 6 Pages

    Additionally, there are certain areas which have always been a concern just like the Human Recource availability for Islamic financial institutions. When entering an Islamic bank sometimes one finds that conventional bankers are actually running Islamic banks and financial institutions. The first phase of Islamic banking and finance is about bankers who are trained in conventional traditions and have played an important role for the development of Islamic banking. However, now that Islamic banking has become…

    • 1252 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    2 Quaran Research Paper

    • 497 Words
    • 2 Pages

    c) Zakat: what Muslims donate to charity or almsgiving and it must be donate at least two and…

    • 497 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Five Pillars of Islam

    • 481 Words
    • 2 Pages

    The third pillar is called zakat, this where all Muslims must give, half of their yearly earnings to the poor and needy. This is believed to help with inequalities in wealth among the people, but it is also meant to keep a person from being greedy. According to Fischer (2005) Saudi Arabia gives fifteen percent of the country’s gross domestic product earnings to development and relief projects all over the world every year. The Islamic Relief society is funded by this; they help people all over the world after disasters and other problems.…

    • 481 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Zakat Metaphor

    • 528 Words
    • 3 Pages

    The wider understanding of the metaphor of zakat is that ideally the theory of sharia firms must be built on the "concept of zakat value". This means that sharia companies…

    • 528 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The word zakah means both "purification" and "growth.” Muslims Zakat is a percentage of their income usually amount to about 2% of their weekly earnings. It’s the giving of alms to help the poor and downtrodden. Muslims also believe that everything…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    5 pillars to islam

    • 686 Words
    • 3 Pages

    The third of the Five Pillar is Zakat, almsgiving meaning giving to others. Social responsibility is considered part of one's service to God, act of zakat enshrines this duty. Zakat prescribes payment of fixed proportions of a Muslim's possessions for the welfare of the entire community, for its neediest members. It is equal to 2.5 percent of an individual's total net worth, excluding obligations and family expenses. This is similar to other religions,…

    • 686 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Spread Of Islam Research Paper

    • 28382 Words
    • 114 Pages

    When they have learned that, inform them that God has prescribed for the five ritual prayers a day. When they have made the ritual prayers, inform them that God has imposed zakāt on their possessions, to be taken from the rich and given to the poor. When they have accepted all this, then take the tax from them, but leave them their most precious possessions: '" '" '"…

    • 28382 Words
    • 114 Pages
    Powerful Essays
  • Good Essays

    The Torah commands Jews to give 10% of their earning to the poor every 3rd year. (Deuteronomy 26: 12), and an additional percentage of their income annually, (Leviticus 19:9-10.) The Old Testament law commanded tithe through (Leviticus 27. 30, numbers 18:21-28, Deuteronomy 12:16-17) 10% of your income to the church. The Old Testament law required multiple tithes. Israelites were required to give approximately 25% of their income. In Islam the act of charity (Zakah) is a part of the five Pillars of Islam”. The Qur’an states that Zakah is mandatory; it teaches that charity will never reduce the wealth of the giver. Requiring 2.5% of annual wealth for the welfare of the needy & destitute. (Quran chpt. 34:39)…

    • 814 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Zakat is an alms tax that is paid to feed the poor and the needy. The Quran states this: “As-Sadaqat (here it means Zakat)” is a “duty imposed by Allah” (Quran 9:60) hence, zakat is obligatory in order to assist the troubled. The amount required to donate is 2.5 percent of one’s income and is a remembrance of one’s social responsibility to their wider community. The concept of wealth is considered a gift from Allah, consequently, performing zakat is a form of spiritual purification to cleanse one’s wealth for the will of Allah. Giving up a part of one’s wealth, therefore, is a form of submission to…

    • 754 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Zakat

    • 582 Words
    • 3 Pages

    Most zakat collection centres in Malaysia have been adapting this approach in measuring zakat including those from Terengganu, Kelantan,…

    • 582 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Zakat and Tax

    • 3367 Words
    • 14 Pages

    In Malaysia, the implementation of zakat is practically the same as what had been done by Prophet Muhammad S.A.W. Generally, every state in Malaysia has its own zakat institution and has its own duty regulations. However, the effectiveness of the duties is based on several factors namely expansion of new resources for zakat, the collection of zakat from tangible and intangible properties, systematic zakat management, efficient zakat distribution and the thoroughness of implementation of Islamic rules.…

    • 3367 Words
    • 14 Pages
    Good Essays
  • Powerful Essays

    Waqf And Poverty Eradication

    • 6690 Words
    • 27 Pages

    Zakat is the third pillar of Islam and thus is required of all believers. It is seen as a tool…

    • 6690 Words
    • 27 Pages
    Powerful Essays

Related Topics