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Thursday, 6 November 2008

Malaysia: Zakat Collection Increases By 20.35 Percent - Zahid

KUALA LUMPUR, Nov 6 (Bernama) -- The zakat (tithe) collected nationwide last year had increased by 20.35 percent to RM807.1 million compared to RM670.6 million in 2006, said Minister in the Prime Minister's Department Datuk Seri Ahmad Zahid Hamidi.

He said zakat collection was only done by the state governments, in line with the federal constitution that the management of Islamic matters was within the jurisdiction of state governments.

Several methods like salary deductions, counters and kiosks had also been put up to make it easier for Muslims to make zakat payment.

"Banks had also introduced several facilities for zakat payment via counter, internet, ATM, phone-banking and short messaging service (SMS)," he said in reply to a question by Ahmad Maslan (BN-Pontian) in Dewan Rakyat here today.

Zahid said the facilities would be improved over time based on the development of information communication technology (ICT) and the financial standing of the State Islamic Religious Councils.

Various efforts had also been done to increase zakat collection including from corporations, other than giving incentives to cooperatives that pay zakat.
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Alfalah Consulting - KL: www.alfalahconsulting.com 
Islamic finance consultant: www.ahmad-sanusi-husain.com 
Islamic Investment Malaysia: www.islamic-invest-malaysia.com

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