Public Government JAWHAR Staff

Are TH depositors obliged to pay zakat on savings deposits in TH?

TH savings depositors consolidated in the Group Savings depositors and serve as a business capital. The business capital invested by TH in the areas of business such as real estate investment, construction, farming, industrial and other fields lawful according to Islamic principles. Fund deposits Depositors are only used by TH for business purposes.
 TH pay zakat on behalf of depositors depositors and thus no longer need to pay Zakat on savings deposits in the TH.

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Jabatan Wakaf, Zakat & Haji (JAWHAR)
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Last Updated: 24 May, 2020 @ 5:37 AM
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