Year 2019, Volume 5 , Issue 3, Pages 28 - 44 2019-11-30

Managing Zakat Through Institutions: Case of Malaysia

Abdalrahman MIGDAD [1]


Uniquely, zakat is featured as the major tool of Islamic wealth redistribution that routinely collects designated amounts of public money from zakat payers and channels same to identified beneficiaries in accordance with the principles of the shari’ah. It is, therefore, essential to organize and develop institutions to manage this wealth. This paper analyzes the Malaysian zakat system, assesses its performance by studying the collection and disbursement mechanisms. The paper is qualitative descriptive-analytical in nature, it analyzes annual reports and interviews with the higher management of ZCC and religious councils. The paper focuses on data between the year 1991 to 2014/15. This paper finds that the Malaysian experience with managing zakat advanced technically in both distribution and collection. However, the practice of ‘distribution’ ought to be more sustainable, less consumption-based. Furthermore, the paper strongly identifies the need for establishing a database on needy people with the national welfare system and other relief NGO’s to reduce double spending.

Zakat Systems, Sustainable Spending, Public Money
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Primary Language en
Subjects Economics
Published Date Kasım
Journal Section Articles
Authors

Orcid: 0000-0001-8841-5363
Author: Abdalrahman MIGDAD (Primary Author)
Institution: ISTANBUL SABAHATTIN ZAIM UNIVERSITY
Country: Turkey


Dates

Publication Date : November 30, 2019

Bibtex @research article { ijisef519228, journal = {International Journal of Islamic Economics and Finance Studies}, issn = {2149-8393}, eissn = {2149-8407}, address = {}, publisher = {Politik Ekonomik ve Sosyal Araştırmalar Merkezi}, year = {2019}, volume = {5}, pages = {28 - 44}, doi = {10.25272/ijisef.519228}, title = {Managing Zakat Through Institutions: Case of Malaysia}, key = {cite}, author = {MIGDAD, Abdalrahman} }
APA MIGDAD, A . (2019). Managing Zakat Through Institutions: Case of Malaysia. International Journal of Islamic Economics and Finance Studies , 5 (3) , 28-44 . DOI: 10.25272/ijisef.519228
MLA MIGDAD, A . "Managing Zakat Through Institutions: Case of Malaysia". International Journal of Islamic Economics and Finance Studies 5 (2019 ): 28-44 <https://dergipark.org.tr/en/pub/ijisef/issue/50402/519228>
Chicago MIGDAD, A . "Managing Zakat Through Institutions: Case of Malaysia". International Journal of Islamic Economics and Finance Studies 5 (2019 ): 28-44
RIS TY - JOUR T1 - Managing Zakat Through Institutions: Case of Malaysia AU - Abdalrahman MIGDAD Y1 - 2019 PY - 2019 N1 - doi: 10.25272/ijisef.519228 DO - 10.25272/ijisef.519228 T2 - International Journal of Islamic Economics and Finance Studies JF - Journal JO - JOR SP - 28 EP - 44 VL - 5 IS - 3 SN - 2149-8393-2149-8407 M3 - doi: 10.25272/ijisef.519228 UR - https://doi.org/10.25272/ijisef.519228 Y2 - 2019 ER -
EndNote %0 Uluslararası İslam Ekonomisi ve Finansı Araştırmaları Dergisi Managing Zakat Through Institutions: Case of Malaysia %A Abdalrahman MIGDAD %T Managing Zakat Through Institutions: Case of Malaysia %D 2019 %J International Journal of Islamic Economics and Finance Studies %P 2149-8393-2149-8407 %V 5 %N 3 %R doi: 10.25272/ijisef.519228 %U 10.25272/ijisef.519228
ISNAD MIGDAD, Abdalrahman . "Managing Zakat Through Institutions: Case of Malaysia". International Journal of Islamic Economics and Finance Studies 5 / 3 (November 2019): 28-44 . https://doi.org/10.25272/ijisef.519228
AMA MIGDAD A . Managing Zakat Through Institutions: Case of Malaysia. IJISEF. 2019; 5(3): 28-44.
Vancouver MIGDAD A . Managing Zakat Through Institutions: Case of Malaysia. International Journal of Islamic Economics and Finance Studies. 2019; 5(3): 44-28.