Zakah on shares: Theory and reality in Malaysia

Zakah (Islamic almsgiving) on shares are generally mentioned indirectly in classical fiqh books. This is due to the fact that the practice of shares is relatively new in classical Islamic jurisprudence literature. However, the basis of the debate on shares can be traced its establishment and develop...

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Main Authors: Rosele, M.I., Haji Abdullah, L., Ali, A.K.
Format: Conference or Workshop Item
Published: 2017
Subjects:
Online Access:http://eprints.um.edu.my/18040/
http://eprints.um.edu.my/18040/1/Zakah_on_Shares%2C_Camera_Ready.pdf
id um-18040
recordtype eprints
spelling um-180402017-10-23T07:41:02Z Zakah on shares: Theory and reality in Malaysia Rosele, M.I. Haji Abdullah, L. Ali, A.K. BP Islam. Bahaism. Theosophy, etc HC Economic History and Conditions Zakah (Islamic almsgiving) on shares are generally mentioned indirectly in classical fiqh books. This is due to the fact that the practice of shares is relatively new in classical Islamic jurisprudence literature. However, the basis of the debate on shares can be traced its establishment and development in the classical fiqh discourse. Muslim individual and Muslimoperated companies has been involved in investment and share-trading, thus creating the debate of zakah on shares in Malaysia. Therefore, the objective of this study is to highlight the discussion of zakah on shares based on the reality in Malaysia. The focus of the debate will touch the aspects of legal shares, fiqh of zakah and its method of calculation. 2017 Conference or Workshop Item PeerReviewed application/pdf http://eprints.um.edu.my/18040/1/Zakah_on_Shares%2C_Camera_Ready.pdf Rosele, M.I.; Haji Abdullah, L.; Ali, A.K. (2017) Zakah on shares: Theory and reality in Malaysia. In: 285th International Conference on Social Science and Economics (ICSSE 2017), 12-13 October 2017, Jakarta, Indonesia. http://eprints.um.edu.my/18040/
repository_type Digital Repository
institution_category Local University
institution University Malaya
building UM Research Repository
collection Online Access
topic BP Islam. Bahaism. Theosophy, etc
HC Economic History and Conditions
spellingShingle BP Islam. Bahaism. Theosophy, etc
HC Economic History and Conditions
Rosele, M.I.
Haji Abdullah, L.
Ali, A.K.
Zakah on shares: Theory and reality in Malaysia
description Zakah (Islamic almsgiving) on shares are generally mentioned indirectly in classical fiqh books. This is due to the fact that the practice of shares is relatively new in classical Islamic jurisprudence literature. However, the basis of the debate on shares can be traced its establishment and development in the classical fiqh discourse. Muslim individual and Muslimoperated companies has been involved in investment and share-trading, thus creating the debate of zakah on shares in Malaysia. Therefore, the objective of this study is to highlight the discussion of zakah on shares based on the reality in Malaysia. The focus of the debate will touch the aspects of legal shares, fiqh of zakah and its method of calculation.
format Conference or Workshop Item
author Rosele, M.I.
Haji Abdullah, L.
Ali, A.K.
author_facet Rosele, M.I.
Haji Abdullah, L.
Ali, A.K.
author_sort Rosele, M.I.
title Zakah on shares: Theory and reality in Malaysia
title_short Zakah on shares: Theory and reality in Malaysia
title_full Zakah on shares: Theory and reality in Malaysia
title_fullStr Zakah on shares: Theory and reality in Malaysia
title_full_unstemmed Zakah on shares: Theory and reality in Malaysia
title_sort zakah on shares: theory and reality in malaysia
publishDate 2017
url http://eprints.um.edu.my/18040/
http://eprints.um.edu.my/18040/1/Zakah_on_Shares%2C_Camera_Ready.pdf
first_indexed 2018-09-06T06:47:23Z
last_indexed 2018-09-06T06:47:23Z
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