Malaysia's system of zaka has certain features as well as room for improvement. Five topics are of note: Malaysia's current methods of zaka payment and distribution; the position of zaka in the Malaysian economy; the institutions involved in the administration of zaka funds and the difficulties associated with the collection of zaka; religious councils and their role in zaka disbursement; and some suggestions for making the zaka system of Malaysia run better. These suggestions include a transition stage to centralize zaka collection, incorporation of zaka into Malaysia's fiscal system, and using zaka to fund public schools. The Islamic system carves out a specific place for the state. The modern ministry of finance is analogous to the bayt al-mal .
Year
1987
Country
Malaysia
Language
English
Abstract
English
ISSN/ISBN
0128-0066
No. of Pages
pp.47-75
Number
1
Volume
1
Select type of work
Name of the Journal
CIS Program Old
CIS publications
No
CIS Thesis
No