Publication: The Use of Zakat Logo to Optimize Corporate Zakat Collection In Malaysia According to Maqasid Zakat
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Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
Penerbit USIM
Abstract
All approaches to increase the collection of corporate zakat should be intensified by the zakat institution and supported by the owners of corporate companies so that the target of annual corporate zakat collection is achieved despite the challenges that need to be passed by the zakat institution. Various initiatives have been implemented by zakat institutions such as LZNK and PPZ-MAIWP by introducing innovative methods of promoting corporate zakat collection through the use of zakat logos on corporate companies in the state of Kedah and the Federal Territory. This effort not only demands the obligation of the amil to collect corporate zakat from corporate companies, but it is also a human need for the property to ensure the blessings of corporate companies in their business when paying zakat. Thus, this article aims to discuss the concept of the use of the zakat logo in Malaysia, including its approach according to the maqasid syariah. This article will also examine the challenges faced by zakat institutions in dealing with corporate zakat collection in Malaysia. This qualitative study uses documentation, interview, and observation methods in the data collection process. The results of the study found that the use of the zakat logo on corporate companies can increase the collection of corporate zakat in addition to achieving the objective of zakat legislation through the care of a property in terms of Syariah purposes. The study also found that the main challenge faced by zakat institutions in the collection of corporate zakat is the issue of the level of awareness of Muslim traders on the payment of corporate zakat. It is hoped that this study can provide guidance and reference to zakat institutions or certain organizations
in managing matters related to corporate zakat collection in facing the challenges of corporate zakat collection in Malaysia. Further research needs to be done to encourage the use of the zakat logo to be applied by all states in Malaysia so that the corporate zakat collection rate can be optimized from time to time.
Description
E-Proceeding SAIS 2022 Seminar Antarabangsa Islam dan Sains 2022 : “Memimpin Integrasi Ilmu Naqli dan Aqli” /Editor: Noorfajri Ismail (Head) , Latifah Abdul Latiff , Zalika Adam, Syamila Mansor, Dzulkhairi Mohd Rani, Ahmad Fadly Nurullah Rasedee, Azman Ab Rahman, Nur Aina Abdulah, Manal Jusoh, Syed Najihuddin Syed Hassan
1 December 2022 \ Venue: Fakulti Perubatan dan Sains Kesihatan, USIM
Organized by Persatuan Kakitangan Akademik Universiti Sains Islam Malaysia (PKAUSIM), Faculty of Syariah and Law, USIM and the Institute of Fatwa and Halal (iFFAH)
Keywords
zakat logo, corporate zakat, maqasid syariah