Courses @ UNIRAZAK

The course begins by introducing the Shari’ah Islamiyyah Sources on the revelation of Zakat as an important pillar of Islam that is directly concerned with wealth determination, growth and distribution. The meaning, purpose and injunctions of Zakat as well as its principles are explained.

Fiqh of Zakat is the discussed and explained in the second part of the course incorporating the views of scholars pertaining to classification, of types of wealth as well as their appropriate measurement rules. The religious interpretation is then extended to the classsifiction of Zakat beneficiaries that have been clearly identified by Shari’ah Islamiyyah.

Economics of Zakat is then expounded by expanding the discussion of Islamic economic issues pertaining to the role and purpose of Zakat. Various views from Islamic economists on economic development and social economic justice are then discussed.

Aspect of Zakat and personal/corporate tax integration will be discussed in details to appreciate fully the practical aspect of zakat in Malaysia.

The administration of Zakat Institutions including Baitul Maal, Zakat Collection Centre as well as other Zakat International Agencies is also discussed. The role and functions as well as their administrative and reporting structures are explained and analysed.

Accounting for Zakat addresses the issues of financial measurement and reporting of zakat wealth. In this respect other forms of Islamic taxes as well as the existing conventional tax mechanism are compared and discussed based on zakat principles.

• Explain the basics of Zakat provision and the Islamic economic issues pertaining to the role and purpose of Zakat.
• Discuss the role and functions as well as their administrative and reporting structures of Zakat Institutions.
• Discuss the issues of financial measurement and reporting of zakat wealth.