Zakatability of Contemporary Wealth in Malaysia

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Qualitative evaluation explores zakat governance and modern wealth identification in Malaysia, revealing challenges and strategies.

The analysis shows that many contemporary forms of wealth qualify for zakat under Malaysian law, enhancing financial inclusivity and compliance.
A qualitative evaluation identified significant zakat management improvements, attributed to support from federal authorities and corporatization of institutions.
Research evaluates both state and federal zakat governance, highlighting varying approaches to defining zakatable wealth in modern contexts.
The findings emphasize the need for clearer definitions of contemporary zakatable assets from federal institutions like JAKIM and JAWHAR.

Abdullah et al. (2023) studied this question.

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