Alright, let’s talk about Zakat. For muslims, satisfying your zakat requirements is one of the most fundamental things to consider of. Zakat is an Islamic Tax, so to speak.
Zakat is one of the five pillars of Islam. Yes, it is that important.
In this entry, I will list out a number of types of Zakat, as listed out by the Lembaga Zakat Selangor. I will not address the issue of how to calculate them this time around. That’s an article on its own fit for another day.
Anyway here are the zakat types and its simplified definition:
ZAKAT PENDAPATAN
This includes all types of income and returns in forms of:
1. Gaji
2. Upah
3. Bonus
4. Dividen
5. Hasil sewaan
6. Royalti
7. Hibah
8. Elaun
9. Honorarium
10. Pampasan
11. Pencen
12. Perniagaan bermusim
13. Dan lain-lain bentuk perolehan semasa hidup, bersara atau mati dan apa jua pendapatan berdasarkan kerjaya atau sebagai ahli profesional.
ZAKAT WANG SIMPANAN
This includes money being kept in savings account, fixed deposit accounts, current accounts, ASB, and other types of savings made in banks or financial institutions.
ZAKAT PERNIAGAAN
There are two ways or methods to calculate Zakat Perniagaan. They are:
1. Kaedah Model Berkembang (Growth Model)
2. Kaedah Modal Kerja (Working Capital)
ZAKAT EMAS
Emas or Gold that satisfies certain criterion, need to be paid Zakat upon them. Gold, in this instance, comes in two forms, which are “Emas Perhiasan Wanita” or “Emas yang Disimpan”.
ZAKAT PERAK
Perak or Silver, the definition is pretty much similar to the one above.
ZAKAT SAHAM
There are two types of “Saham” or stocks that are subjected to Zakat. They are:
1. Saham yang masih dimiliki sehingga hujung haul.
2. Saham yang dijual-beli sepanjang haul (setahun)
ZAKAT KWSP
KWSP (EPF) money that is being withdrawn, is subjected to Zakat.
ZAKAT PADI
Under this category, there are two elements. They are:
1. Zakat kepada hasil padi sahaja.
2. Zakat kepada wang subsidi (kupon padi)
Sudahkah anda menunaikan kewajipan zakat anda?
Here are a few links to assist you further:
1. Lembaga Zakat Selangor
2. Zakat MAIWP
3. Zakat – Wikipedia
Disclaimer: This article should not be treated as exhaustive. Please refer to your own sources to learn and to know more about types of zakat and how to calculate them. Also, apologies for the language inconsistencies of using both Bahasa Melayu and English.
————————————–
Go to HOME
Go to SITE MAP
Go to DISCLAIMER
Visit Nadlique’s Forum of Financial Freedom
Visit Pumpy’s CFD Trading Journal
Visit Lumpy’s Movie Reviews
Visit Nadlique’s Blog in Bahasa Melayu
Other related posts:
- How long will it take: The Rule of 72 (8)
- Back to Basics: Alternative Investment Asset Classes (2)
- Back to Basics: Paying Mortgage MONTHLY Vs. Paying Mortgage FORTNIGHTLY (5)
- Back to Basics: Investment Asset Classes (4)
- Back to Basics: Asset, Liability, Equity (17)
- Back to Basics: Recovering from Negative Returns (2)
- Do What You Think is Right
