ZAKAT COLLECTION AND DISTRIBUTION IN MALAYSIA

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "ZAKAT COLLECTION AND DISTRIBUTION IN MALAYSIA"

Transcription

1 ZAKAT COLLECTION AND DISTRIBUTION IN MALAYSIA NORLELABT ZAMAN 1 MOHDKHAIRYKAMARUDIN 2 NOOR ASMANI AHMAD 3 1 Commerce Department, Politeknik Sultan Salahuddin Abdul Aziz Shah, Malaysia 2 Faculty of Entrepreneurship and Business, Universiti Malaysia Kelantan, Malaysia 3 Faculty of Entrepreneurship and Business, Universiti Malaysia Kelantan,Malaysia ABSTRACT Zakat management is very crucial to encourage and influence zakat payers to pay the zakat to the zakat institutions. Zakat institutions are responsible to collect zakat fund from the Muslims and distribute it to the needy. However, a lot of zakat surplus which were not distributed to the asnaf. Therefore, this study aims to examine the trends of zakat collection and distribution in Malaysia. This study employed quantitative approach to examine the relationship between zakat collection and distribution. The data is gathered from annual report Islamic Religious Council for each state in Malaysia ( ). This study indicates that that the trend for zakat collection in Malaysia is increasing every year. In contrast, the trend for zakat distribution is always lower than collection every year. This study also find that there is statistically significant relationship between collection and distribution of zakat in Malaysia. Therefore, zakat institutions should improve their management skills to increase the number of distribution to the needy. It will create a good image and confidence by the zakat payer in Malaysia. Keyword(s): Zakat, Collection, Distribution Introduction Zakat fund will generate and boost the economic activities through the increasing on individual's purchasing power which creates a chain effect on production and consumer demand(bidin, Md. Idris, and Syamsudin, 2009; Kadri, Ahmad and Mohd. Noor, 2012). At the same time, zakat has been required to comply with clear goals in society to form of social security for the poor and needy, to develop a balanced economic growth through redistribution of wealth in society, and purification and spiritual development (Ibrahim, 2008). Zakat is a simple transfer of part of a certain size to be allocated the property of the rich to the poor so that there is justice. According to Ibrahim (2008), zakat should be distributed to particular groups to meet their basic needs in the short and long term. Proper zakat management is crucial to demonstrate a good image of Islam. The effective and systematic management of zakat will encourage and influence the zakat institutions in improving the collection and distribution of zakat. In terms of collection, some improvement have been made such as some states in Malaysia have privatized their zakat institution. However, Ahmad and Wahid (2005a) indicated that there are still some weakness. Meanwhile, the effective of zakat distribution will increase the productivity among recipients.the zakat fund will be consumed for education among orphans and poor, thus will change the fortunes of their life. Though, Wahid & Ahmad and Abdul Kader (2009) indicated, there were a lot of zakat surplus which were not distributed to the asnafs by the zakat institution. It will lead to the wastage and injustice Muslim economics. At the same time, this situation will contribute to the bad impression towards the ability of zakat institution if this institution unable to distribute zakat to the recipients fairly and 86

2 comprehensively (Wahid, Ahmad and Abdul Kader, 2009). Due to these issues of zakat management in Malaysia, this study aims to examine the trends of zakat collection and distribution in Malaysia. This paper consists offive parts. The first part is the introduction of the research. Second and third partsare the literature review and research methodology. The next part are the finding and discussion and the last part is conclusion. Literature review Malaysia zakat institution has undergone a revolution in the management of the distribution of zakat funds (AbRahman, Ali Basah, Abdullah, Nooh, and Fauzi, 2014). According to the Md. Idris (2006) state administrative and economic management, compliance behaviour of community members and laws that clearly enforcement are factors that affect the collection of individual. According to AbRahman, Ali Basah, Abdullah, Nooh, and Fauzi (2014), the current state of development of zakat institutions in Malaysia are positive especially in terms of collection of zakat increased drastically. Zakat institutions which participate in the privatization program to enhance the management of zakat institutions has appointed or set up subsidiaries to manage the zakat collection and distribution. For instance, Pusat Zakat Selangor is a subsidiary under supervision of the Selangor Islamic Religious Council (MAIS). The same applies to Pahang Zakat Collection Centre (established on 2 nd, 1996), Zakat Collection Centre Wilayah Persekutuan Kuala Lumpur (established on January, 1991), the Central Zakat Negeri Sembilan (established on January, 2000), the Central Zakat Melaka (established on 19 th September, 2000) and Zakat Management Centre Penang (established on June, 1995) (Ahmad, Wahid, Mohamad, 2006). The aspects of the collection and distribution of zakat had been studied by many researchers of zakat but the study on the distribution of zakat and its effectiveness is less discussed. The performance of zakat collection cannot be denied has increased from year to year (Ahmad and Wahid, 2005a). However, Wahid, Ahmad and Abdul Kader (2009) indicated that there were a lot of excess zakatand distributed to asnafs by each institution. They also found that there are still many Muslims in Malaysia that are not satisfied with the method of distribution of zakat. Zakat collection services that have undergone according to Ahmad and Wahid (2005a), various efforts have been undertaken to improve the collection of zakat. The first stage is by adding awareness campaigns about the obligation zakat and its importance for the development of Muslims. Even though, the campaigns which were conducted by Islamic religious department created the awareness of public, but it did not significantly improve the zakat collection. This study also indicated that community s perception regarding to the unreliability of zakat management by the Islamic Religious department in managing the distribution of zakat fund (Ahmad and Wahid, 2005a). Various transformations with ISO procedures are also should increase the efficiency of distribution services as par as of zakat collection services (Ahmad and Wahid, 2005a). The corporate image should be emphasized as it is a great outcome on the distribution of zakat confidence than the proclamation of a comprehensive law through various media (Ahmad and Wahid, 2005a). The efficiency and systematic of performance the distribution of zakat will encourage and influence the collection of zakat in the future (Abdul Lateff, Palil and Hassan, 2014). Zakat management can be improved by setting up the subsidiary companies which are accountable for managing the collection and distribution of zakat or establish programs for the privatization of zakat institutions (Ahmad, Wahid and Mohamad, 2006). The types of property can be expand of zakat to 87

3 the other sources than traditional sources because there are many types present economic activities will generate income. While many facilities have been made as to the income tax rebate of zakat payment, provide a deduction from salary on a monthly basis and open up the payment counter at the post office and bank, the collection of zakat property increases each year but increase each year is still low (Ahmad and Wahid, 2005b). Ahmad and Wahid (2005a) explained that the awareness of paying zakat is important because it is a must that are included in the tenets of Islam. Zakat institutions should enhance campaigns and lectures to ensure that the Muslim community in Malaysia recognizes the importance of zakat payment and Muslim perception of zakat institutions through improved efficiency in the management of zakat (Ahmad and Wahid, 2005a). Research Methodology This study employed quantitative approach in order to examine the relationship between zakat collection and zakat distribution. The data of this study gathered from annual report for zakat collection and distribution, Islamic Religious Council for each state in Malaysia. The data is from 2000 till To analyze the data, this study employed IBM SPSS version 21 to test the correlation between zakat collection and distribution in Malaysia. Finding and Discussion The graph 1 shows that the overall amount of all state for zakat collection and distribution in Malaysia. The total amount of zakat collection is increase over the year from 2000 to In 2000, the collection of zakat at RM261, 394, increase slightly until 2006 at RM670, 636, Then, in 2007 until 2011 the total zakat collection having a moderate increase and it increase again in 2012 at RM1,927,349, to RM2,258,024, in The differences of changes the zakat collection in 2012 to 2013 about RM330,675, at 17.16%. The graph is also shows the distribution of zakat continuous improvement from 2000 to In this case the collection of zakat show a higher than the zakat distributions throughout Malaysia. In 2000 until 2008, the distribution of zakat increase slightly and rose sharply to RM1, 020,752, in Then, the distribution of zakat moderate increase in 2009 until In 2001, it was the highest increasing percentage which is 22.55%. However, the gap between collection and distribution is the highest in 2013 which is RM679, 580, In other words, the distribution in 2013 is only 69.90% from total collection. 2,500,000, ,000,000, ,500,000, ,000,000, Collection Distribution 500,000,

4 Graph1: Statistics of Total Amount of Zakat Collection and Distribution in Malaysia Based on table 1, there is statistically significant relationship between collection and distribution of zakat in Malaysia, which is statistically significant (r = 0.991, n = 14, P <.000). Therefore, this study reject H 0. Table 1: Correlation of Zakat Collection and Distribution in Wilayah Persekutuan Zakat Distribution Zakat Collection Pearson Correlation.991 ** Sig..000 N 14 **. Correlation is significant at the 0.01 level (2-tailed) Based on the results, this study indicates that the trend for zakat collection in Malaysia is increasing every year. In contrast, the trend for zakat distribution is always lower than collection every year. According to Ahmad & Wahid (2005s), until now the role of the zakat institution to help the poor does not get highlighted and less convincing. The effectiveness of its implementation depends on the commitment of all parties, whether public or government (Abdul Wahid, Daud& Ahmad, 2011). So, every implementation to ensure the zakat institutions must be act with good commitment between government and society. The increasing trend of zakat collection for every state in Malaysia may be influenced by two factors; (1) internal factor that encourages an individual to pay the zakat and (2) the management of zakat institutions. According to AbdulWahab&Borhan (2014), identified internal factor is the attitude, the degree of faith, knowledge, awareness, self-satisfaction (including moral values and seek the pleasure of Allah), personal accountability and self-efficacy. So, it is likely the increasing of zakat collection because the increasing awareness of number in zakat payer. People begin to realize Muslim is compulsory to pay zakat. In fact, they know that Muslim who does not pay zakat will be punished. Paying of zakat is something that is required by religion and sin if not adhered (Saad, MdIdris&Bidin, 2009). Next, the level of confidence for individual towards the management of zakat institutions is increasing. Society believes that the management of zakat institutions had performed properly. People also believe that the institutions can ensure the distribution of zakat only for asnaf. The zakat institution is not-for-profit organization that manages the collection and distribution of zakat (Abdul Wahab&Borhan, 2014). Society believes that the governance of zakat institutions is the best. Besides that, the improvement of living among society also influenced the increasing of zakat collection. People s lives have changed from being unable to pay zakat to able to pay for zakat. Other than that, the facilities are provided to enable zakat payers to pay zakat. Therefore, in order to ensure the payment of zakat, zakat institutions have provided several methods to pay zakat such as paying zakat at the counter of zakat institution, payroll deduction, internet banking (online payment), bank counters, credit card, phone banking, ATMs and others. At the same time, the possibility factors why zakat collection and distribution increase is possibly because of systematic of zakat institution management. This is due to the effectiveness of the campaign that is carried out by the zakat institutions. The campaigns are attract people to pay zakat. For example the charity institutions used electronic media, magazines, newspapers, seminar and others

5 Although the collection of zakat for each state is high but zakat distribution is low every year. In this case, the collection of zakat should be distributed directly to the asnaf without leaving any money in the treasury. As happen during Prophet Muhammad S.A.W, he will ensure that each zakat collection is distributed directly to asnaf without any money left in the treasury. The distribution of zakat lower than collection may be caused by several factors. First, the recipients do not have any exposure or knowledge on how to apply for zakat. According to Ab Rahman & Anwar (2013),the poor are not given the knowledge and the ways on how to apply for assistants and education schemes, which only a few benefit from it. In addition, the level of confidence of the asnaf to apply for zakat is lower due to the bureaucratic system. This is because the asnafs perceive each zakat application will take a long time. Besides, the bureaucracy is a way of governing that involves various stages or management process and a lot of regulations Conclusion This study is important to improve zakat management by zakat institutions. This is due to the effectiveness of the campaign that is carried out by the zakat institutions. The campaign are effective to attract people to pay zakat. Besides, the facilities are provided to enable zakat payers to pay zakat. Confidence of people in the efficiency and transparency of the zakat institutions to manage money should be increased so that individual will pay zakat to the zakat institutions. Zakat institution also should be avoid from bureaucratic system. This is because the asnafs perceive each zakat application will take a long time. The government also needs to implement it to improve the enforcement of obligatory payment of zakat collection but the government must also make improvements in the distribution of zakat in advance so that it can restore public confidence in the institution of zakat. References Ab Rahman, A. & Anwar, S. M. (2013). Peranan institusi zakat dalam pembangunan pendidikan asnaf fakir dan miskin di malaysia. Paper presented at 5th IslamicEconomics System Conference (iecons 2013). Ab Rahman, A., Ali Basah, M. Y., Abdullah, M., Nooh, M. N. & Mohd Fauzi, A. A. (2014). Keberkesanan program usahawan asnaf oleh institusi zakat dalammenginterpretasikan keharmonian ummah. Paper presented at InternationalConference on Arabic Studies and Islamic Civilization (icasic 2014). Abdul Lateff, E.E.,Palil, M. R. & Hassan, M.S (2014). Prestasi Kecekapan Agihan Kewangan dan Bukan Kewangan dalam Kalangan Institusi Zakat di Malaysia. Jurnal Ekonomi Malaysia 48 (2), Abdul Wahab, A. & Borhan, J. T. (2014). Faktor penentu pembayaran zakat oleh entiti perniagaan di Malaysia : Satu tinjauan teori. Shariah Journal 22 (3), Abdul Wahid, N., Daud, Z. & Ahmad, S. (2011). Kesan pewartaan zakat ke atas Kepatuhan membayar zakat di Baitulmal : Kajian kes zakat pendapatan di Acheh. Paper presented at Persidangan Kebangsaan Ekonomi Malaysia ke VI (PERKEM VI)

6 Ahmad, S. & Wahid, H. (2005a). Persepsi agihan zakat dan kesannya terhadap melalui institusi formal. Jurnal Ekonomi Malaysia 39, Pembayaran zakat Ahmad, S. & Wahid, H. (2005b). Sumber zakat : Perluasan harta yang diikhtilaf. JurnalSyariah, 13 (1), Ahmad, S., Wahid, H. & Mohamad, A. (2006). Penswastaan institusi zakat dan kesannya terhadap pembayaran secara formal di Malaysia. International Journal of Management Studies 13 (2), Bidin, Z., Md. Idris, K. & Mohd Shamsudin, F. (2009). Predicting compliance intention on zakah on employment income in Malaysia : An application of reasoned action theory.jurnal Pengurusan 28, Ibrahim, P. (2008). Pembangunan ekonomi melalui agihan zakat : Tinjauan empirikal. Shariah Journal 16 (2), Kadri, Z., Ahmad, S. & Mohd Noor, M.A. (2012). Zakat sebagai pemangkin pembangunan ekonomi : Ke arah negara berpendapatan tinggi. Paper presented at Persidangan Kebangsaan Ekonomi Malaysia ke VII (PERKEM VII). Md. Idris, K. (2006). Kesan persepsi undang-undang dan penguatkuasaan zakat terhadap gelagat kepatuhan zakat pendapatan gaji. Journal of ethics, legal and governance, (2), Saad, R. A. J., Md. Idris, K. & Bidin, Z. (2009). Peraturan pembayaran zakat kepada institusi zakat : Sikap peniaga dan kesannya terhadap gelagat pembayaran zakat perniagaan. Shariah Journal 17 (3), Wahid, H., Ahmad, S. & Abdul Kader, R. (2009). Pengagihan zakat oleh institusi zakat kepada lapan asnaf : Kajian di Malaysia. Paper presented at Seminar Kebangsaan Ekonomi Islam 2008/

The Influence of Attitude, Subjective Norm, and Islamic Religiosity on Compliance Behavior of Income Zakat Among Educators

The Influence of Attitude, Subjective Norm, and Islamic Religiosity on Compliance Behavior of Income Zakat Among Educators The Influence of Attitude, Subjective Norm, and Islamic Religiosity on Compliance Behavior of Income Zakat Among Educators Yusuf Haji-Othman 1, Ibadurrahman Alwi 2, Mohd Sholeh Sheh Yusuff 3 & Mohd Shahid

More information

The Comparison Between Zakat for Income and Income Tax: Perceptions of Academician in The State of Perak

The Comparison Between Zakat for Income and Income Tax: Perceptions of Academician in The State of Perak Al Qimah Al Mudhafah The Journal of Management and Science (ALQIMAH) Volume 1, Issue 1 (2015) The Comparison Between Zakat for Income and Income Tax: Mohd Aidil bin Abdul Aziz, M. Hussin Abdullah Jabatan

More information

Center for Promoting Education and Research (CPER) USA

Center for Promoting Education and Research (CPER) USA Abstract THE CONCEPTUAL PAPER ON TRUST AND ZAKAT COMPLIANCE AMONG INDIVIDUALS Dr. Yaty Sulaiman Universiti Utara Malaysia Kedah, Malaysia This aim of the conceptual paper is to study the relationship between

More information

RETHINKING THE ROLE OF ZAKAT IN POVERTY ERADICATION

RETHINKING THE ROLE OF ZAKAT IN POVERTY ERADICATION RETHINKING THE ROLE OF ZAKAT IN POVERTY ERADICATION KU AZAM TUAN LONIK AND NOR SYAFINAS MUDA School of Distance Education, Universiti Sains Malaysia, 11800, Penang, Malaysia. Corresponding author: kuadzam@usm.my

More information

THE IMPACT OF PUBLIC GOVERNANCE QUALITY, ACCOUNTABILITY AND EFFECTIVENESS ON INTENTION TO PAY ZAKAT: MODERATING EFFECT OF TRUST ON ZAKAT INSTITUTION

THE IMPACT OF PUBLIC GOVERNANCE QUALITY, ACCOUNTABILITY AND EFFECTIVENESS ON INTENTION TO PAY ZAKAT: MODERATING EFFECT OF TRUST ON ZAKAT INSTITUTION ISSN: 2249-7196 IJMRR/Jan. 2016/ Volume 6/Issue 1/Article No-1/1-8 Sani Adamu Muhammad et. al., / International Journal of Management Research & Review THE IMPACT OF PUBLIC GOVERNANCE QUALITY, ACCOUNTABILITY

More information

The Influence of Knowledge, Islamic Religiosity and Self- Efficacy on the Intention to Pay Income Zakat among Public Educators in Kedah, Malaysia

The Influence of Knowledge, Islamic Religiosity and Self- Efficacy on the Intention to Pay Income Zakat among Public Educators in Kedah, Malaysia The Influence of Knowledge, Islamic Religiosity and Self- Efficacy on the Intention to Pay Income Zakat among Public Educators in Kedah, Malaysia Yusuf Haji-Othman 1*, Mohd Sholeh Sheh Yusuff 2, Mohd Shahid

More information

Australian Journal of Basic and Applied Sciences

Australian Journal of Basic and Applied Sciences Australian Journal of Basic and Applied Sciences, 9(31) Special 2015, Pages: 7-13 ISSN:1991-8178 Australian Journal of Basic and Applied Sciences Journal home page: www.ajbasweb.com Determinants of Attitude

More information

The Moderating Effect of Islamic Religiosity on Compliance Behavior of Income Zakat in Kedah, Malaysia

The Moderating Effect of Islamic Religiosity on Compliance Behavior of Income Zakat in Kedah, Malaysia Vol. 8, No.2, April 2018, pp. 281 286 E-ISSN: 2225-8329, P-ISSN: 2308-0337 2018 HRMARS www.hrmars.com To cite this article: Haji-Othman, Y., Fisol, W.N.M., Yusuff, M.S.S. (2018). The Moderating Effect

More information

LEGAL FRAMEWORK OF ZAKAT IN MALAYSIA

LEGAL FRAMEWORK OF ZAKAT IN MALAYSIA LEGAL FRAMEWORK OF ZAKAT IN MALAYSIA Background Zakat is part and parcel of Muslim s s obligation in Malaysia Terengganu was the first state to control the collection of zakat formally through MAJLIS and

More information

THE EFFICIENCY OF ZAKAT COUNTERS COLLECTION AND DISTRIBUTION IN HIGHER LEARNING INSTITUTION

THE EFFICIENCY OF ZAKAT COUNTERS COLLECTION AND DISTRIBUTION IN HIGHER LEARNING INSTITUTION THE EFFICIENCY OF ZAKAT COUNTERS COLLECTION AND DISTRIBUTION IN HIGHER LEARNING INSTITUTION Nur Fikhriah Takril Nor Faizah Othman Sri Wahyu Sakina Ahmad Sanusi Teh Suhaila Tajuddin nurfikhriah@kuis.ed.my,

More information

Reliability, validity assessment of subjective norms dimension and its influence on intention to pay zakat

Reliability, validity assessment of subjective norms dimension and its influence on intention to pay zakat Reliability, validity assessment of subjective norms dimension and its influence on intention to pay zakat Sani Adamu Muhammad Department of Accounting, Northwest University, Kano-Nigeria School of Accountancy,

More information

ZAKAH RECIPIENT PERCEPTION TOWARDS ZAKAT DISTRIBUTION EFFICIECY BASED ON MASLOW S HIERARCHY OF NEEDS

ZAKAH RECIPIENT PERCEPTION TOWARDS ZAKAT DISTRIBUTION EFFICIECY BASED ON MASLOW S HIERARCHY OF NEEDS ZAKAH RECIPIENT PERCEPTION TOWARDS ZAKAT DISTRIBUTION EFFICIECY BASED ON MASLOW S HIERARCHY OF NEEDS 1 SITI MAZIAH BINTI AB RAHMAN, 2 MAHERAN ZAKARIA, 3 NADIA FARLEENA BINTI AZNAN, 4 NAZATUL SHAHREEN ZAINAL

More information

THE REALTIONSHIPS AMONG ATTITUDE, SUBJECTIVE NORM AND BEHAVIORAL INTENTION ON ZAKAH

THE REALTIONSHIPS AMONG ATTITUDE, SUBJECTIVE NORM AND BEHAVIORAL INTENTION ON ZAKAH THE REALTIONSHIPS AMONG ATTITUDE, SUBJECTIVE NORM AND BEHAVIORAL INTENTION ON ZAKAH Zainol Bidin Tengku Intan Shafinah School of Accounting Universiti Utara Malaysia b.zainol@uum.edu.my Mat Jusoh Deraman

More information

FACTORS THAT INFLUENCE BUSINESS ZAKAT COMPLIANCE AMONG SMALL AND MEDIUM ENTREPRENEURS

FACTORS THAT INFLUENCE BUSINESS ZAKAT COMPLIANCE AMONG SMALL AND MEDIUM ENTREPRENEURS FACTORS THAT INFLUENCE BUSINESS ZAKAT COMPLIANCE AMONG SMALL AND MEDIUM ENTREPRENEURS ABSTRACT IZLAWANIE MUHAMMAD Universiti Sains Islam Malaysia The purpose of this paper is to examine factors that influenced

More information

LEVEL OF UNDERSTANDING AMONG UNIVERSITI SAINS MALASYIA (USM) MUSLIM STAFFS ABOUT CASH WAQF

LEVEL OF UNDERSTANDING AMONG UNIVERSITI SAINS MALASYIA (USM) MUSLIM STAFFS ABOUT CASH WAQF Volume: 2 Issue: 6 [December, 2017] pp.264-272 Journal of Islamic, Social, Economics and Development eissn: 0128-1755 Journal website: www.jised.com LEVEL OF UNDERSTANDING AMONG UNIVERSITI SAINS MALASYIA

More information

A Preliminary Study on Norms and Motivations towards Zakat and Income Tax Payment by Muslim Tax Payer

A Preliminary Study on Norms and Motivations towards Zakat and Income Tax Payment by Muslim Tax Payer International Academic Institute for Science and Technology International Academic Journal of Accounting and Financial Management Vol. 5, No. 3, 2018, pp. 118-123. ISSN 2454-2350 International Academic

More information

Assessment on the Willingness among Public in Contributing For Social Islamic Waqf Bank for Education

Assessment on the Willingness among Public in Contributing For Social Islamic Waqf Bank for Education AENSI Journals Australian Journal of Basic and Applied Sciences Journal home page: www.ajbasweb.com Assessment on the Willingness among Public in Contributing For Social Islamic Waqf Bank for Education

More information

Islamic Law of Property LAB2033 DR. ZULKIFLI HASAN

Islamic Law of Property LAB2033 DR. ZULKIFLI HASAN Islamic Law of Property LAB2033 DR. ZULKIFLI HASAN Contents Administration of Zakat Regulation on Zakat Management of zakah During the Prophet s s time Prophet appointed officer to collect and distribute

More information

Does Law Enforcement Influence Compliance Behaviour of Business Zakat among SMEs?: An Evidence via Rasch Measurement Model

Does Law Enforcement Influence Compliance Behaviour of Business Zakat among SMEs?: An Evidence via Rasch Measurement Model GJAT JUNE 2015 VOL 5 ISSUE 1 19 Does Law Enforcement Influence Compliance Behaviour of Business Zakat among SMEs?: An Evidence via Rasch Measurement Model Mohd Rahim Khamis (Corresponding author) Center

More information

Challenges of Management Practices in Institutional Mutawalli to Achieve Utilisation of Waqf Property: An Exploratory Study

Challenges of Management Practices in Institutional Mutawalli to Achieve Utilisation of Waqf Property: An Exploratory Study ISSC 2016 : International Soft Science Conference Challenges of Management Practices in Institutional Mutawalli to Achieve Utilisation of Waqf Property: An Exploratory Study Hasyeilla Abd Mutalib ab *,

More information

MODERNISATION STRATEGIES ON COLLECTION AND DISTRIBUTION OF ZAKAT

MODERNISATION STRATEGIES ON COLLECTION AND DISTRIBUTION OF ZAKAT MODERNISATION STRATEGIES ON COLLECTION AND DISTRIBUTION OF ZAKAT Challenges 1. Low level of public confidence 2. the need to introduce more effective channel of payment 3. Lack of aggressive efforts in

More information

ZALINAWATI ABDULLAH ASSOCIATE PROF. DR. SITI HARYATI SHAIKH ALI

ZALINAWATI ABDULLAH ASSOCIATE PROF. DR. SITI HARYATI SHAIKH ALI ANALYZING THE ISSUE OF ORGANIZATIONAL COMMITMENT: DETERMINING THE MEDIATING FACTOR OF ISLAMIC WORK ETHIC RESEARCH MANAGEMENT INSTITUTE (RMI) UNIVERSITI TEKNOLOGI MARA 40450 SHAH ALAM, SELANGOR MALAYSIA

More information

The Role of Internal Auditing in Ensuring Governance in Islamic Financial Institutions (IFIS) 1

The Role of Internal Auditing in Ensuring Governance in Islamic Financial Institutions (IFIS) 1 Innovation and Knowledge Management: A Global Competitive Advantage 2158 The Role of Internal Auditing in Ensuring Governance in Islamic Financial Institutions (IFIS) 1 Yazkhiruni Yahya, Kuala Lumpur,Malaysia

More information

THE INVOLVEMENT OF ISLAMIC BANKING IN WAQF ACTIVITIES

THE INVOLVEMENT OF ISLAMIC BANKING IN WAQF ACTIVITIES THE INVOLVEMENT OF ISLAMIC BANKING IN WAQF ACTIVITIES Nor Shahrina Mohd Rafien a*, Nur Hafidzah Idris, Nurul Izzat Kamaruddin & Siti Nurulhuda Ibrahim norshahrina871@melaka.uitm.edu.my Abstract Islamic

More information

Indicators of Business Zakat amongst Small Business: Concept and Contemporary Needs

Indicators of Business Zakat amongst Small Business: Concept and Contemporary Needs Indicators of Business Zakat amongst Small Business: Concept and Contemporary Needs Mohd. Syukri Mohd. Noor 1*, Norazmi Anas 1, Shahril Nizam Zulkipli 1, Azri Bhari 2, Nurul Hidayah Aziz 1, Mohd Afandi

More information

International Journal of Administration and Governance. The Effect of Customer Acceptance on Islamic Banking Products and Services

International Journal of Administration and Governance. The Effect of Customer Acceptance on Islamic Banking Products and Services IWNEST PUBLISHER International Journal of Administration and Governance (ISSN 2077-4486) Journal home page: http://www.iwnest.com/aace/ The Effect of Customer Acceptance on Islamic Banking Products and

More information

The Relationship between Income Household and Intention to Pay Zakat on Income among Indonesian Academicians

The Relationship between Income Household and Intention to Pay Zakat on Income among Indonesian Academicians Research Article 2017 Caturida Meiwanto Doktoralina and Zakaria Bahari. This is an open access article licensed under the Creative Commons Attribution-NonCommercial-NoDerivs License (http://creativecommons.org/licenses/by-nc-nd/3.0/).

More information

ASSESSING THE APPROPRIATENESS AND ADEQUACY OF THE PROVISION FOR HOUSING UNDER THE HADDUL-KIFAYAH FOR ASNAF FAQR AND ASNAF MISKIN

ASSESSING THE APPROPRIATENESS AND ADEQUACY OF THE PROVISION FOR HOUSING UNDER THE HADDUL-KIFAYAH FOR ASNAF FAQR AND ASNAF MISKIN ASSESSING THE APPROPRIATENESS AND ADEQUACY OF THE PROVISION FOR HOUSING UNDER THE HADDUL-KIFAYAH FOR ASNAF FAQR AND ASNAF MISKIN Khairuddin Abdul Rashid, Professor Sr. Dr., Head, Procurement & Project

More information

UNIVERSITI TEKNOLOGI MARA PROPOSING A NON-MONETARY ISLAMIC INDEX FOR POVERTY MEASUREMENT AT LEMBAGA ZAKAT SELANGOR (LZS), MALAYSIA

UNIVERSITI TEKNOLOGI MARA PROPOSING A NON-MONETARY ISLAMIC INDEX FOR POVERTY MEASUREMENT AT LEMBAGA ZAKAT SELANGOR (LZS), MALAYSIA UNIVERSITI TEKNOLOGI MARA PROPOSING A NON-MONETARY ISLAMIC INDEX FOR POVERTY MEASUREMENT AT LEMBAGA ZAKAT SELANGOR (LZS), MALAYSIA MOHAMED SALADIN BIN ABDUL RASOOL Thesis submitted in fulfillment of the

More information

FACTORS THAT AFFECT KNOWLEDGE SHARING AMONG EMPLOYEES IN MULTINATIONAL ORGANIZATION YASER HASSAN HASSAN AL-QADHI UNIVERSITI TEKNOLOGI MALAYSIA

FACTORS THAT AFFECT KNOWLEDGE SHARING AMONG EMPLOYEES IN MULTINATIONAL ORGANIZATION YASER HASSAN HASSAN AL-QADHI UNIVERSITI TEKNOLOGI MALAYSIA FACTORS THAT AFFECT KNOWLEDGE SHARING AMONG EMPLOYEES IN MULTINATIONAL ORGANIZATION YASER HASSAN HASSAN AL-QADHI UNIVERSITI TEKNOLOGI MALAYSIA FACTORS THAT AFFECT KNOWLEDGE SHARING AMONG EMPLOYEES IN MULTINATIONAL

More information

An Exploratory study of e-zakat usage among Malaysian Academician

An Exploratory study of e-zakat usage among Malaysian Academician An Exploratory study of e-zakat usage among Malaysian Academician Rusli Abdul Roni Universiti Tenaga Nasional, College of Foundation and General Studies, Malaysia. E-mail: rusli@uniten.edu.my Mahlindayu

More information

THE EFFECTIVENESS OF THE PROMOTIONAL TOOLS USED BY PUSAT ZAKAT NEGERI SEMBILAN IN ENHANCING CUSTOMER AWARENESS NOR SYUHADA BINTI ALI

THE EFFECTIVENESS OF THE PROMOTIONAL TOOLS USED BY PUSAT ZAKAT NEGERI SEMBILAN IN ENHANCING CUSTOMER AWARENESS NOR SYUHADA BINTI ALI THE EFFECTIVENESS OF THE PROMOTIONAL TOOLS USED BY PUSAT ZAKAT NEGERI SEMBILAN IN ENHANCING CUSTOMER AWARENESS NOR SYUHADA BINTI ALI Submitted in Partial Fulfillment of the Requirement for the Bachelor

More information

Effect of Board Management and Governmental Model on Zakat Payers Trust on Zakat Institutions

Effect of Board Management and Governmental Model on Zakat Payers Trust on Zakat Institutions GJAT JANUARY 2018 SPECIAL ISSUE 73 Effect of Board Management and Governmental Model on Zakat Payers Trust on Zakat Institutions Erlane K Ghani (Corresponding Author) Accounting Research Institute, Universiti

More information

UNIVERSITI TEKNOLOGI MALAYSIA

UNIVERSITI TEKNOLOGI MALAYSIA PUBLIC PARTICIPATION IN CONSERVATION OF HERITAGE AREA IN JOHOR BAHRU CITY CENTRE -A study of the level of awareness and understanding RAHAYU BINTI AHMAD UNIVERSITI TEKNOLOGI MALAYSIA PUBLIC PARTICIPATION

More information

Of Muslim Entrepreneurs In Malaysia

Of Muslim Entrepreneurs In Malaysia Available online at www.sciencedirect.com Procedia - Social and Behavioral Sciences 58 ( 2012 ) 1131 1138 8 th International Strategic Management Conference Of Muslim Entrepreneurs In Malaysia Yazilmiwati

More information

The Influence of Human Needs in the Perspective of Maqasid al- Syari ah on Zakat Distribution Effectiveness

The Influence of Human Needs in the Perspective of Maqasid al- Syari ah on Zakat Distribution Effectiveness Asian Social Science; Vol. 0, No. 3; 204 ISSN 9-207 E-ISSN 9-2025 Published by Canadian Center of Science and Education The Influence of Human Needs in the Perspective of Maqasid al- Syari ah on Maheran

More information

Does Multifaceted Poverty Approach Enhance the Identification of The Poor and Needy in Zakat Institutions?

Does Multifaceted Poverty Approach Enhance the Identification of The Poor and Needy in Zakat Institutions? Does Multifaceted Poverty Approach Enhance the Identification of The Poor and Needy in Zakat Institutions? Azhana Othman To Link this Article: http://dx.doi.org/10.6007/ijarbss/v8-i11/4954 DOI: 10.6007/IJARBSS/v8-i11/4954

More information

Knowledge understanding in complying zakah: Evaluation of Goodness-Fit Indices using Structural Equation Models

Knowledge understanding in complying zakah: Evaluation of Goodness-Fit Indices using Structural Equation Models Knowledge understanding in complying zakah: Evaluation of Goodness-Fit Indices using Structural Equation Models Aza Shahnaz Azman Department of Economics, Faculty of Management and Muamalah Kolej Universiti

More information

TRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013

TRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013 TRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013 Dates and Time: 12-13 October 2015 (Monday-Tuesday) 9:00am - 5:30pm Venue: International Institute of Advanced

More information

Shari A Compliance by Malaysian Muslim Businesses with Respect to Guidelines Given in Islamic Marketing

Shari A Compliance by Malaysian Muslim Businesses with Respect to Guidelines Given in Islamic Marketing Shari A Compliance by Malaysian Muslim Businesses with Respect to Guidelines Given in Islamic Marketing Mohd Ismail Ahmad Department of Business Administration,Faculty of Economics and Management Sciences

More information

Integrating Zakat with Development Impact Bond (DIB): Assessing Possible Approaches to Maximizing Impact from Zakat Investment

Integrating Zakat with Development Impact Bond (DIB): Assessing Possible Approaches to Maximizing Impact from Zakat Investment University of Pennsylvania ScholarlyCommons Social Impact Research Experience (SIRE) Wharton Undergraduate Research 2017 Integrating Zakat with Development Impact Bond (DIB): Assessing Possible Approaches

More information

THE HISTORY OF BUSINESS AND TRADE PRACTICED BY THE LAST MESENGGER OF ALLAH

THE HISTORY OF BUSINESS AND TRADE PRACTICED BY THE LAST MESENGGER OF ALLAH THE HISTORY OF BUSINESS AND TRADE PRACTICED BY THE LAST MESENGGER OF ALLAH Mohd Rafi, Mohammad Iqbal; Mohd Kamal, Mohd Fathullah; Gapar, Muhammad Akmal Hizami; Razak,Wan Zakwan Financial Mathematics Faculty

More information

Financing Kolej Universiti INSANIAH Using the Concept of Cash Waqf: The Way Forward

Financing Kolej Universiti INSANIAH Using the Concept of Cash Waqf: The Way Forward Financing Kolej Universiti INSANIAH Using the Concept of Cash Waqf: The Way Forward Yusuf Haji-Othman 1, Wan Nazjmi Mohamed Fisol 2, Mohd Shahid Azim Mohd Saufi 3 and Muhammad Baqir Abdullah 4 1,2,3,4

More information

UTILITY CONSUMPTION PATTERN AMONG MALAYSIAN ELECTRICITY USERS NURHIDAYAH BT MAHUSIN UNIVERSITI TEKNOLOGI MALAYSIA

UTILITY CONSUMPTION PATTERN AMONG MALAYSIAN ELECTRICITY USERS NURHIDAYAH BT MAHUSIN UNIVERSITI TEKNOLOGI MALAYSIA UTILITY CONSUMPTION PATTERN AMONG MALAYSIAN ELECTRICITY USERS NURHIDAYAH BT AHMAD @ MAHUSIN UNIVERSITI TEKNOLOGI MALAYSIA iii UTILITY CONSUMPTION PATTERN AMONG MALAYSIAN ELECTRICITY USERS NURHIDAYAH BT

More information

The relationship between Shari ah Supervisory Board and Zakat disclosure among Islamic banks in Malaysia

The relationship between Shari ah Supervisory Board and Zakat disclosure among Islamic banks in Malaysia Available online at www.icas.my International Conference on Accounting Studies (ICAS) 2015 The relationship between Shari ah Supervisory Board and Zakat disclosure among Islamic banks in Malaysia Hapsah

More information

Universiti Teknologi MARA. Zakat Calculation System for Academy of Contemporary Islamic Studies (ACIS), UiTM Melaka Campus Jasin

Universiti Teknologi MARA. Zakat Calculation System for Academy of Contemporary Islamic Studies (ACIS), UiTM Melaka Campus Jasin Universiti Teknologi MARA Zakat Calculation System for Academy of Contemporary Islamic Studies (ACIS), UiTM Melaka Campus Jasin Nurshafinas Binti Muhammad Thesis submitted in fulfilment of the requirements

More information

Available online at ScienceDirect. Procedia Economics and Finance 31 ( 2015 )

Available online at  ScienceDirect. Procedia Economics and Finance 31 ( 2015 ) Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 31 ( 2015 ) 140 151 INTERNATIONAL ACCOUNTING AND BUSINESS CONFERENCE 2015, IABC 2015 Assessing the Satisfaction Level

More information

FACULTY OF SYARIAH AND LAW BACHELOR OF SYARIAH AND LAW (HONS) Student Learning Time Face-to-face Non Face-toface

FACULTY OF SYARIAH AND LAW BACHELOR OF SYARIAH AND LAW (HONS) Student Learning Time Face-to-face Non Face-toface FACULTY OF SYARIAH AND LAW BACHELOR OF SYARIAH AND LAW (HONS) 1 Name of Course Islamic Law of Property 2 Course Code LAB2033 3 Instructor Dr. Zulkifli Hasan 4 Rational for the Inclusion of the Course in

More information

Freedom from Want and Hunger: Poverty and Redistribution Mechanism Downwards to the B40 - the Islamic Perspective

Freedom from Want and Hunger: Poverty and Redistribution Mechanism Downwards to the B40 - the Islamic Perspective Freedom from Want and Hunger: Poverty and Redistribution Mechanism Downwards to the B40 - the Islamic Perspective Dr Asmak Ab Rahman Department of Shariah and Economics Academy of Islamic Studies University

More information

KEY PERFORMANCE INDICATOR (KPI) YEAR 2009

KEY PERFORMANCE INDICATOR (KPI) YEAR 2009 KEY PERFORMANCE INDICATOR (KPI) YEAR 2009 4.2 STAFF RECEIVING NATIONAL / INTERNATIONAL RECOGNITION AND AWARDS Target : 20% of Staff Received Recognition and Awards Achievement : 49.3% (Formula = 36 staff

More information

EMPIRICAL STUDY ON THE UNDERSTANDING OF SHARIAH REVIEW BY ISLAMIC BANKS IN MALAYSIA

EMPIRICAL STUDY ON THE UNDERSTANDING OF SHARIAH REVIEW BY ISLAMIC BANKS IN MALAYSIA EMPIRICAL STUDY ON THE UNDERSTANDING OF SHARIAH REVIEW BY ISLAMIC BANKS IN MALAYSIA Zariah Abu Samah&Rusni Hassan Abstract The key value proposition offered by Islamic banking and finance is an end-to-end

More information

Proposed Model for the Implementation of Sadaqa

Proposed Model for the Implementation of Sadaqa Proposed Model for the Implementation of Sadaqa House as Banking Product or Service Latifa Bibi MUSAFAR HAMEEDI Surianom MISKAMI Abstract This study is conducted to suggest a suitable model for implementing

More information

INTENTION TO DONATE CASH WAQF REPEATEDLY: A PRELIMINARY DESCRIPTIVE ANALYSIS

INTENTION TO DONATE CASH WAQF REPEATEDLY: A PRELIMINARY DESCRIPTIVE ANALYSIS INTENTION TO DONATE CASH WAQF REPEATEDLY: A PRELIMINARY DESCRIPTIVE ANALYSIS Fuadah Johari 5, Nor Masitah Mohd Orip 6, Zurina Kefeli @ Zulkefli 7, Muhammad Ridhwan Ab. Aziz 8, Fauzi Abu Hussin 9, Patmawati

More information

Modification of Zakat Distribution Management for Muslim Community Well-Being

Modification of Zakat Distribution Management for Muslim Community Well-Being Modification of Zakat Distribution Management for Muslim Community Well-Being Mohd Rilizam Rosli 1, Hussin Salamon 2, Nasrul Hisyam Nor Muhamad 2, Abd Halim Zulkifli 2 and Sayed Mahussain Sayed Ahmad 2

More information

Perception of Individual Consumers toward Islamic Banking Products and Services in Pakistan

Perception of Individual Consumers toward Islamic Banking Products and Services in Pakistan Vol.5 14 Perception of Individual Consumers toward Islamic Banking Products and Services in Pakistan Amer Sohail Assistant Professor Department of Management Sciences, University of Sargodha,Gujranwala

More information

The Efficiency Model of Mosque Management for the Indigenous Community in Selangor

The Efficiency Model of Mosque Management for the Indigenous Community in Selangor The Efficiency Model of Mosque Management for the Indigenous Community in Selangor Muhammad Yusuf Marlon Abdullah yusufmarlon@kuis.edu.my Kolej Universiti Islam Antarabangsa Selangor Zulkefli Hj Aini zulaini@ukm.edu.my

More information

ZAKAT IN EMPLOYEES INCOME TAX

ZAKAT IN EMPLOYEES INCOME TAX 108 Ruliana et.al: Zakat In Employees Income Tax ZAKAT IN EMPLOYEES INCOME TAX Titin Ruliana Eddy Soegiarto K. Cindy Risnayanti Faculty of Economic University 17 Agustus 1945 Samarinda Jl. Ir. H. Juanda

More information

Islamic Law of Property LAB2033 DR. ZULKIFLI HASAN

Islamic Law of Property LAB2033 DR. ZULKIFLI HASAN Islamic Law of Property LAB2033 DR. ZULKIFLI HASAN CONTENTS Introduction The Administration of Waqf in Malaysia Various Instruments of Investment of Waqf Property Support Infrastructure Issues and Challenges

More information

MALAYSIAN ONLINE JOURNAL OF EDUCATIONAL MANAGEMENT (MOJEM)

MALAYSIAN ONLINE JOURNAL OF EDUCATIONAL MANAGEMENT (MOJEM) October 2017, VOLUME 5, ISSUE 4, 47-62 E-ISSN NO: 2289 4489 EDUCATIONAL EQUITY FOR MALAYSIAN URBAN POOR MUSLIM STUDENTS Norfariza Mohd Radzi (PhD) & Husaina Banu Kenayathulla (PhD) ABSTRACT Faculty of

More information

The Application of Theory of Planned Behaviour on Business Zakah Compliance in Yemen: A Proposed Framework

The Application of Theory of Planned Behaviour on Business Zakah Compliance in Yemen: A Proposed Framework Middle-East Journal of Scientific Research 24 (6): 2052-2057, 2016 ISSN 1990-9233 IDOSI Publications, 2016 DOI: 10.5829/idosi.mejsr.2016.24.06.23645 The Application of Theory of Planned Behaviour on Business

More information

SULIT P2115-EKONOMI DARI PERSPEKTIF ISLAM/JAN 08

SULIT P2115-EKONOMI DARI PERSPEKTIF ISLAM/JAN 08 ARAHAN : Jawab EMPAT soalan sahaja. SOALAN 1 a) Bincangkan 2 sumber perundangan berikut : i. Qiyas ii. Ijma b) Ekonomi Islam merupakan ilmu yang mengkaji kegiatan manusia yang selaras dengan syariat dari

More information

MASJID AND ITS MANAGEMENT: THE EXPERIENCES OF THE EPISTĔMĔ COMMUNITY

MASJID AND ITS MANAGEMENT: THE EXPERIENCES OF THE EPISTĔMĔ COMMUNITY MASJID AND ITS MANAGEMENT: THE EXPERIENCES OF THE EPISTĔMĔ COMMUNITY Siti Rokyah Md Zain, Rokiah Muda, Emiza Tahar, Inayah Abdul Aziz, Musliha Musman, Mohamed Muneer Samsudin Self-Interest Group (SIG)

More information

Proposed Conceptual Design of Waqf Management System

Proposed Conceptual Design of Waqf Management System Proposed Conceptual Design of Waqf Management System Mohd Shahrul Nizam Mohd Danuri, Khirulnizam Abd Rahman and Che Wan Shamsul Bahri Che Wan Ahmad International Islamic University College Selangor (KUIS)

More information

WAQF MANAGEMENT AND ADMINISTRATION IN MALAYSIA: ITS IMPLEMENTATION FROM THE PERSPECTIVE OF ISLAMIC LAW

WAQF MANAGEMENT AND ADMINISTRATION IN MALAYSIA: ITS IMPLEMENTATION FROM THE PERSPECTIVE OF ISLAMIC LAW Malaysian Accounting Review, Special Issue Vol. 9 No. 2, 115-121, 2010 WAQF MANAGEMENT AND ADMINISTRATION IN MALAYSIA: ITS IMPLEMENTATION FROM THE PERSPECTIVE OF ISLAMIC LAW Mohd Afendi Mat Rani Accounting

More information

Does Government Incentive Influence Compliance Behavior of Business Zakat among Owners of SMEs?: An Evidence Via Rasch Measurement Model

Does Government Incentive Influence Compliance Behavior of Business Zakat among Owners of SMEs?: An Evidence Via Rasch Measurement Model Advances in Business Research International Journal Does Government Incentive Influence Compliance Behavior of Business Zakat among Owners of SMEs?: An Evidence Via Rasch Measurement Model Mohd Rahim Khamis*

More information

Evolution of Syariah Law Curriculum at Faculty of Law, UKM: A Way Forward

Evolution of Syariah Law Curriculum at Faculty of Law, UKM: A Way Forward Doi:10.5901/mjss.2016.v7n3p50 Abstract Evolution of Syariah Law Curriculum at Faculty of Law, UKM: A Way Forward Ahmad Azam Mohd Shariff 1 Safinaz Mohd Hussein 2 Tengku Noor Azira Tengku Zainudin 3 Asma

More information

A STUDY ON THE CUSTOMER S ACCEPTANCE TOWARDS ISLAMIC BANKING PRODUCTS AMONG NON-MUSLIM IN DUAL BANKING SYSTEM JUWAIRIAH MOHAMAD MUHAMMAD FAKHIRIN CHE MAJID Islamic Business School Universiti Utara Malaysia

More information

Mock Trial Simulation in Teaching Syariah Law of Evidence at Faculty of Law, UKM: A Blend of Traditional and New Methods

Mock Trial Simulation in Teaching Syariah Law of Evidence at Faculty of Law, UKM: A Blend of Traditional and New Methods Mock Trial Simulation in Teaching Syariah Law of Evidence at Faculty of Law, UKM: A Blend of Traditional and New Methods Ahmad Azam Mohd Shariff 1 Ramalinggam Rajamanickam 2 Tengku Noor Azira Tengku Zainudin

More information

Enterprise Governance of Micro Entrepreneurs in Malaysia: Comparison between the Amanah Ikhtiar Malaysia and Asnaf s Economic Development Program

Enterprise Governance of Micro Entrepreneurs in Malaysia: Comparison between the Amanah Ikhtiar Malaysia and Asnaf s Economic Development Program GJAT JANUARY 2018 SPECIAL ISSUE 25 Enterprise Governance of Micro Entrepreneurs in Malaysia: Comparison between the Amanah Ikhtiar Malaysia and Asnaf s Economic Development Program Farah Aida Ahmad Nadzri

More information

Some Higher Education Issues in Muslim Countries with Islamic Economics as an Illustrative Case

Some Higher Education Issues in Muslim Countries with Islamic Economics as an Illustrative Case Journal of Islamic Banking and Finance Oct Dec 2018 1 Some Higher Education Issues in Muslim Countries with Islamic Economics as an Illustrative Case Zubair Hasan The purpose of this paper is (i) to state

More information

MARA UNIVERSITY OF TECHNOLOGY

MARA UNIVERSITY OF TECHNOLOGY MARA UNIVERSITY OF TECHNOLOGY FUNDAMENTALS ENTREPRENEURSHIP ETR 300) DAMAI SAUJANA HOMESTAY AGENCY PREPARED FOR: ASSOC. PROF. DR. ISMAIL BIN AB. WAHAB PREPARED BY: MUSA BIN TOMPANG MASLIANA BINTI MOHAMAT

More information

Technical Release i -1. Accounting for Zakat on Business

Technical Release i -1. Accounting for Zakat on Business LEMBAGA PIAWAIAN PERAKAUNAN MALAYSIA MALAYSIAN ACCOUNTING STANDARDS BOARD Technical Release i -1 Accounting for Zakat on Business Malaysian Accounting Standards Board 2006 1 Accounting for Zakat on Business

More information

THE EFFECTS OF INFLUENTIAL BEHAVIOURAL FACTORS ON INVESTORS DECISION MAKING IN STOCK MARKET OF PAKISTAN MISBAH SADIQ

THE EFFECTS OF INFLUENTIAL BEHAVIOURAL FACTORS ON INVESTORS DECISION MAKING IN STOCK MARKET OF PAKISTAN MISBAH SADIQ THE EFFECTS OF INFLUENTIAL BEHAVIOURAL FACTORS ON INVESTORS DECISION MAKING IN STOCK MARKET OF PAKISTAN MISBAH SADIQ A thesis submitted in the fulfilment of the requirements for the award of the degree

More information

THE PRACTICE OF TAKĀFUL BENEFIT (NOMINATION) IN THE CONTEXT OF IFSA 2013: A CRITICAL APPRAISAL

THE PRACTICE OF TAKĀFUL BENEFIT (NOMINATION) IN THE CONTEXT OF IFSA 2013: A CRITICAL APPRAISAL THE PRACTICE OF TAKĀFUL BENEFIT (NOMINATION) IN THE CONTEXT OF IFSA 2013: A CRITICAL APPRAISAL Saba Radwan Jamal Elatrash * Younes Soualhi ** I. INTRODUCTION Nomination, in the context of takāful (Islamic

More information

THE PROFIT EFFICIENCY: EVIDENCE FROM ISLAMIC BANKS IN INDONESIA

THE PROFIT EFFICIENCY: EVIDENCE FROM ISLAMIC BANKS IN INDONESIA THE PROFIT EFFICIENCY: EVIDENCE FROM ISLAMIC BANKS IN INDONESIA Muryani Arsal, Nik Intan Norhan bt Abdul Hamid Faculty of Management, ABSTRACT This study investigates the profit efficiency of Indonesia

More information

The Understanding of Terengganu Muslim Community Concerning Health Care Practice of Prophet Muhammad SAW

The Understanding of Terengganu Muslim Community Concerning Health Care Practice of Prophet Muhammad SAW The Understanding of Terengganu Muslim Community Concerning Health Care Practice of Prophet Muhammad SAW Berhanundin Bin Abdullah (PhD), Fauzi Bin Yusof, Wan Saifuldin Bin Wan Hassan, Ahmad Shaharuddin

More information

Blog :

Blog : PERSONAL IDENTIFICATION Full name : ZULKIFLI BIN HASAN Postal Address (UK) : 10 Clarence Street Bowburn, DH6 5BB United Kingdom Address (Malaysia) : PT 22107, Jalan Kolej 11 Desa Kolej, Bandar Baru Nilai

More information

Information Security Governance model to enhance zakat information management in Malaysian Zakat Institutions

Information Security Governance model to enhance zakat information management in Malaysian Zakat Institutions Information Security Governance model to enhance zakat information management in Malaysian Zakat Institutions Hidayah Sulaiman Information Systems Department, College of Information Technology Universiti

More information

Australian Journal of Basic and Applied Sciences. Restructuring of Ain Waqf in Corporate Waqf Model for Boosting the Nation s Economic Prosperity

Australian Journal of Basic and Applied Sciences. Restructuring of Ain Waqf in Corporate Waqf Model for Boosting the Nation s Economic Prosperity ISSN:1991-8178 Australian Journal of Basic and Applied Sciences Journal home page: www.ajbasweb.com Restructuring of Ain Waqf in Corporate Waqf Model for Boosting the Nation s Economic Prosperity 1 Khairil

More information

THE EFFECTS OF RISK MANAGEMENT PRACTICES, RISK BEHAVIOUR ON RESEARCH AND DEVELOPMENT PROJECT PERFORMANCE IN UTM NOR ALIAA BINTI ZAINAL ABIDIN

THE EFFECTS OF RISK MANAGEMENT PRACTICES, RISK BEHAVIOUR ON RESEARCH AND DEVELOPMENT PROJECT PERFORMANCE IN UTM NOR ALIAA BINTI ZAINAL ABIDIN THE EFFECTS OF RISK MANAGEMENT PRACTICES, RISK BEHAVIOUR ON RESEARCH AND DEVELOPMENT PROJECT PERFORMANCE IN UTM NOR ALIAA BINTI ZAINAL ABIDIN A dissertation submitted in partial fulfillment of the requirements

More information

ZAKAT COMPLIANCE INTENTION BEHAVIOR ON SAVING AMONG UNIVERSITI UTARA MALAYSIA S STAFF FARAH MASTURA BINTI NOOR AZMAN

ZAKAT COMPLIANCE INTENTION BEHAVIOR ON SAVING AMONG UNIVERSITI UTARA MALAYSIA S STAFF FARAH MASTURA BINTI NOOR AZMAN ZAKAT COMPLIANCE INTENTION BEHAVIOR ON SAVING AMONG UNIVERSITI UTARA MALAYSIA S STAFF FARAH MASTURA BINTI NOOR AZMAN UNIVERSITI UTARA MALAYSIA 2011 1 ZAKAT COMPLIANCE INTENTION BEHAVIOR ON SAVING AMONG

More information

Islamic Religiosity, Attitude and Moral Obligation on Intention of Income Zakat Compliance: Evidence from Public Educators in Kedah

Islamic Religiosity, Attitude and Moral Obligation on Intention of Income Zakat Compliance: Evidence from Public Educators in Kedah Islamic Religiosity, Attitude and Moral Obligation on Intention of Income Zakat Compliance: Evidence from Public Educators in Kedah Yusuf Othman 1* and Wan Nazjmi Mohamed Fisol 2 1*, 2 Lecturer, Kulliyyah

More information

DETERMINANTS OF HIGHER EDUCATION ISLAMIC ENDOWMENT (WAQF) ATTRIBUTES AMONG MUSLIMS IN MALAYSIA

DETERMINANTS OF HIGHER EDUCATION ISLAMIC ENDOWMENT (WAQF) ATTRIBUTES AMONG MUSLIMS IN MALAYSIA Volume: 3 Issue: 12 [June, 2018] pp. 1-9] Journal of Islamic, Social, Economics and Development eissn: 0128-1755 Journal website: www.jised.com DETERMINANTS OF HIGHER EDUCATION ISLAMIC ENDOWMENT (WAQF)

More information

A Zakat Accounting Standard (ZAS) for Malaysian Companies

A Zakat Accounting Standard (ZAS) for Malaysian Companies A Zakat Accounting Standard (ZAS) for Malaysian Companies Nur Barizah Abu Bakar Abstract This paper focuses on the need to harmonize the practice of zakat on companies throughout Malaysia by implementing

More information

CHAPTER V CONCLUSION & SUGGESTION. broaden its effect, program on zakat microfinance is a smart step. Assessment and

CHAPTER V CONCLUSION & SUGGESTION. broaden its effect, program on zakat microfinance is a smart step. Assessment and CHAPTER V CONCLUSION & SUGGESTION 5.1. Conclusion Zakat multiplier effect on economy is no doubt. To accelerate and broaden its effect, program on zakat microfinance is a smart step. Assessment and evaluation

More information

An Analysis of Zakat Expenditure and Real Output: Theory and Empirical Evidence

An Analysis of Zakat Expenditure and Real Output: Theory and Empirical Evidence An Analysis of Zakat Expenditure and Real Output: Theory and Empirical Evidence Mohammed B. Yusoff International Islamic University Malaysia e-mail: mohammed.yusoff@iiu.edu.my ABSTRACT This study advocates

More information

EMPOWERING THE SOCIO ECONOMY OF SAHABAT AIM IN MALAYSIA THROUGH ISLAMIC SOCIAL FINANCE

EMPOWERING THE SOCIO ECONOMY OF SAHABAT AIM IN MALAYSIA THROUGH ISLAMIC SOCIAL FINANCE Seminar on Islamic Microfinance for Poverty Alleviation in OIC Member Countries EMPOWERING THE SOCIO ECONOMY OF SAHABAT AIM IN MALAYSIA THROUGH ISLAMIC SOCIAL FINANCE Dr Zubir bin Harun Executive Chairman

More information

PROPHET MUHAMMAD WAS A BUSINESS MAN

PROPHET MUHAMMAD WAS A BUSINESS MAN PROPHET MUHAMMAD WAS A BUSINESS MAN Ali, Nor FazlinFazwin; Hussein@Hassim, Nurhanisah; Ibrahim, Noor FazzianaFazrin; Ghazali, Nur Fatimah Atirah; Ghafar, NurSyafeera Financial Mathematics Department Faculty

More information

The Influence of Islamic Social Reporting to the Return on Asset (Case study of Islamic Banks in Indonesia)

The Influence of Islamic Social Reporting to the Return on Asset (Case study of Islamic Banks in Indonesia) International Journal of Management and International Business Studies. ISSN 2277-3177 Volume 7, Number 1 (2017), pp. 1-9 Research India Publications http://www.ripublication.com The Influence of Islamic

More information

SHARIAH GOVERNANCE IN ISLAMIC FINANCE: THE EFFECTS OF THE ISLAMIC FINANCIAL SERVICES ACT 2013

SHARIAH GOVERNANCE IN ISLAMIC FINANCE: THE EFFECTS OF THE ISLAMIC FINANCIAL SERVICES ACT 2013 SHARIAH GOVERNANCE IN ISLAMIC FINANCE: THE EFFECTS OF THE ISLAMIC FINANCIAL SERVICES ACT 2013 Surianom Miskam Department of Business Management Faculty of Management and Muamalah Kolej Universiti Islam

More information

INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA COURSE OUTLINE

INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA COURSE OUTLINE INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA COURSE OUTLINE Kulliyyah Department Programme Course Title Islamic Revealed Knowledge and Human Sciences Fiqh and Usul al-fiqh Bachelor of Islamic Revealed Knowledge

More information

PEMBIAYAAN MIKRO DARIPADA DANA ZAKAT DI MALAYSIA: FATWA DAN REALITI

PEMBIAYAAN MIKRO DARIPADA DANA ZAKAT DI MALAYSIA: FATWA DAN REALITI PEMBIAYAAN MIKRO DARIPADA DANA ZAKAT DI MALAYSIA: FATWA DAN REALITI Oleh: Nurul Ilyana Muhd Adnan Department of Shariah, Faculty of Islamic Studies, Universiti Kebangsaan Malaysia Email: ilyana_adnan@ukm.edu.my

More information

Prioritization of Zakat

Prioritization of Zakat Intellectual Discourse, Special Issue (2016) 435 457 Copyright IIUM Press ISSN 0128-4878 (Print); ISSN 2289-5639 (Online) Prioritization of Zakat Distribution in Selangor and the Federal Territory of Malaysia:

More information

The 1st International Conference of Social Science, Humanities & Art (ICSSHA 2018)

The 1st International Conference of Social Science, Humanities & Art (ICSSHA 2018) USA PASSION DEVELOPMENT CONFERENCE PROCEEDING The 1st International Conference of Social Science, Humanities & Art (ICSSHA 2018) 0 International Conference of Social Science, Humanities & Art (ICSSHA 2018)

More information

The Perception and Level of Understanding about Islam among New Converts in Perkim Langkawi

The Perception and Level of Understanding about Islam among New Converts in Perkim Langkawi The Perception and Level of Understanding about Islam among New Converts in Perkim Langkawi Ahmad Rahmat Adnan & Ahmad Yunus Mohd Nor Department of Theology and Philosophy, Universiti Kebangsaan Malaysia,

More information

Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan

Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan Journal of Islamic Banking and Finance July Sept 2017 1 Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan Salman Ahmed Shaikh This paper is a humble attempt to discuss the

More information

USER AWARENESS ON THE AUTHENTICITY OF HADITH IN THE INTERNET: A CASE STUDY

USER AWARENESS ON THE AUTHENTICITY OF HADITH IN THE INTERNET: A CASE STUDY 1 USER AWARENESS ON THE AUTHENTICITY OF HADITH IN THE INTERNET: A CASE STUDY Nurul Nazariah Mohd Zaidi nazariahzaidi25@gmail.com Dr. Mesbahul Hoque Chowdhury mesbahul@usim.edu.my Faculty of Quranic and

More information

MANAGEMENT OF VARIATION ORDER IN PUBLIC WORKS DEPARTMENT MALAYSIA CONSTRUCTION PROJECT SHARIL AMRAN BIN AMIR MOHAMED

MANAGEMENT OF VARIATION ORDER IN PUBLIC WORKS DEPARTMENT MALAYSIA CONSTRUCTION PROJECT SHARIL AMRAN BIN AMIR MOHAMED MANAGEMENT OF VARIATION ORDER IN PUBLIC WORKS DEPARTMENT MALAYSIA CONSTRUCTION PROJECT SHARIL AMRAN BIN AMIR MOHAMED UNIVERSITI TEKNOLOGI MALAYSIA 2013 MANAGEMENT OF VARIATION ORDER IN PUBLIC WORKS DEPARTMENTS

More information

FLOW IN A PIPELINE WITH LEAKAGE SITI NUR HASEELA BINTI IZANI

FLOW IN A PIPELINE WITH LEAKAGE SITI NUR HASEELA BINTI IZANI ii FLOW IN A PIPELINE WITH LEAKAGE SITI NUR HASEELA BINTI IZANI A dissertation submitted in partial fulfillment of the requirement for the award of the degree of Master of Science (Engineering Mathematics)

More information

Life Science Journal 2016;13(9)

Life Science Journal 2016;13(9) Conjunction between Islamic Treatment (IT) for drug addiction and its affects among teen agers in SIDIM (Sahabat Insan Dan Iman Malaysia), Malaysia Mohammad Hannan Mia 1, Razaleigh Muhamat @ Kawangit 1,

More information