Wan Anisah, Endut and Ahmad, Othman and Suraya, Ismail and Ahmad Azrin, Adnan (2020) FINANCIAL LIABILITIES AND ZAKAT ASSESSMENT. JOURNAL OF CRITICAL REVIEWS, 7 (5). pp. 1718-1721. ISSN 2394-5125

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The main purpose of this paper is to examine the financial liabilities treatment in zakat assessment. The existence of the new forms of wealth has now become a challenge for zakat practitioners in dealing with zakat assessments. Therefore, this study seeks to examine financial liability treatment as recommended by JAWHAR and practices at Zakat Institutions in Malaysia for zakat on business and shares. Based on the content analysis, this study found that some zakat institutions in Malaysia allow for the deduction of financial liabilities in the zakat assessment.

Item Type: Article
Uncontrolled Keywords: Zakat, Financial liabilities, Zakat on shares, Zakat on business
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HJ Public Finance
Divisions: Faculty of Business and Management
Depositing User: Fatin Safura
Date Deposited: 19 Jun 2022 06:59
Last Modified: 19 Jun 2022 06:59

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