RM155 million zakat collection target this year
Published on: Saturday, June 14, 2025
Published on: Sat, Jun 14, 2025 Text Size: Musa (middle) and Mohd Arifin (5th right) witnessing the handing over a business zakat mock cheque from PNB Group Chairman, Arshad (fifth from left) to Yahya while others look on. Kota Kinabalu: The Sabah Islamic Religious Council (Muis) is targeting a total zakat collection of RM155 million this year. Minister of Science, Technology and Innovation, Datuk Dr Mohd Arifin Arif who is also in charge of Islamic affairs in Sabah said the target includes payroll zakat, which contributes around 40 per cent of the total zakat collected. 'For your information, In Shaa Allah (God willing), we are targeting the zakat collections of RM155 million this year. Among the largest contributors is from payroll zakat, which makes up about 40 per cent, followed by business zakat.
Advertisement 'We also welcome any company or government-linked company (GLC) to continue fulfilling their zakat obligations,' he said. Mohd Arifin said this at the 2024 Business Zakat Handover Ceremony by Permodalan Nasional Berhad (PNB) Group Chairman, Tan Sri Arshad Raja Uda, to the Musi President, Datuk Seri Yahya Hussin. The zakat handover was witnessed by the Head of State of Sabah, Tun Musa Aman, at the Istana Seri Kinabalu here on Thursday. Also present were PNB Group President and its CEO Datuk Abdul Rahman Ahmad, Sabah State Mufti Datuk Bungsu @ Aziz Jaafar, MUIS CEO Ramlan Awang Ali, PNB Deputy President and Group CEO Datuk Rick Ramli, Amanah Saham Nasional Berhad (ASNB) CEO cum Executive Director Fadzihan Abbas Mohamed Ramlee, and Head of Shariah Management Dr. Ahmad Basri Ibrahim. As of June 11, he said MUIS recorded zakat collections totalling RM58,263,703.96, compared to distributions amounting to RM63,712,668.71. He said payroll zakat contributed 51.43 per cent (RM29,962,478.35), followed by business zakat at 17.91 per cent (RM10,437,740.93), income zakat at 8.1 per cent (RM4,719,458.40), and savings zakat at 6.4 per cent (RM3,726,641.83). Other types of zakat, including zakat on gold and silver, shares, agriculture, and livestock, he said each contributed less than two per cent. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
6 hours ago
- Barnama
Resume Clinic A Major Draw At MoHE Career Carnival
KUALA LUMPUR, June 14 (Bernama) -- The Resume Clinic proved to be one of the main attractions for graduates and members of the public attending the 2025 National Career Carnival organised by the Ministry of Higher Education (MoHE). The two-day career carnival, which began today, brings together over 100 leading local companies from various key sectors. Among them are investED, Bank Negara Malaysia, Malaysia Airports Holdings Bhd, Paynet, Infineon Technologies, IJM Corporation Bhd, SD Guthrie Bhd and Tenaga Nasional Bhd. Ahmad Danial Ihsan Nordin, 26, a private sector employee in accounting, said the Resume Clinic was very helpful in helping him prepare a complete and high-quality resume. 'We don't need resumes with overly bombastic wording, just something concise and straight to the point,' he said when met by Bernama at the carnival held at the Malaysia International Trade and Exhibition Centre (MITEC) today. Ahmad Danial said his participation in the Resume Clinic was a valuable and informative experience. He also expressed hope that the programme would be continued to help more individuals learn how to craft a proper resume. Similarly, Noor Fazhilah Haron, 23, a recent graduate from Universiti Teknologi Mara (UiTM) Machang campus said the programme helped guide young people in understanding their potential and career direction. 'I came to the career carnival to find a job as I have just completed my studies. My main focus is in the field of muamalat (Islamic commercial transactions). 'We just need to bring our resume and the mentors will review and guide us on how to improve it,' she said.
Daily Express
9 hours ago
- Daily Express
MMC Act comes into effect on National Journalists' Day
Published on: Saturday, June 14, 2025 Published on: Sat, Jun 14, 2025 By: Bernama Text Size: KUALA LUMPUR: The Malaysian Media Council (MMC) Act officially comes into force today (June 14), in conjunction with National Journalists' Day (Hawana) 2025, said Communications Minister Fahmi Fadzil. 'This symbolic move marks our commitment to strengthening journalism,' he said at the Hawana 2025 event, themed 'Journalism in the New Era: Embracing AI, Safeguarding Ethics.' Advertisement Officiated by Prime Minister Datuk Seri Anwar Ibrahim, the event gathered over 1,000 media practitioners. Fahmi said he would soon meet with the 12-member founding board of the MMC, expressing hope that the council remains a lasting institution 'regardless of who forms the government.' The MMC board includes representatives from media companies, associations, practitioners, and independent figures. Hawana is organised by the Communications Ministry with Bernama as the implementing agency. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
10 hours ago
- Daily Express
Reconsider decision to expand SST to Sabah
Published on: Saturday, June 14, 2025 Published on: Sat, Jun 14, 2025 Text Size: 'This SST regime, combined with already burdensome regulations and tax compliance, is making Malaysia an expensive country to do business in,' Junz said. Kota Kinabalu: Warisan Vice President Datuk Junz Wong urged the Federal Government to reconsider the decision to expand the Sales and Service Tax (SST) regime starting July 1, reminding that the move will impose unnecessary hardship on businesses and consumers, especially in Sabah. In a statement, he questioned the rationale behind implementing such a far-reaching policy with less than three weeks' notice, calling it 'abrupt and confusing.' Advertisement 'The government must explain why this drastic SST expansion is being rushed through. What is the urgency? Why weren't businesses given more time to adapt? Many don't even know what is taxed at 5 per cent, 10 per cent, or exempted,' said Wong. 'And we all know what happens next whereas ruthless and clueless merchants will simply apply the highest tax rate across their product range, passing the burden to consumers and families.' He stressed that Sabahans do not support the expansion of the SST regime and called for it to be reviewed immediately. Wong also questioned the fiscal position of the Madani Government. 'Is our government so cash-strapped that it now needs to extract more money from the people and SMEs?' he asked. 'Malaysians are suffering for years of covid post effects, yet now rakyat and businesses must carry the burden.' Wong further warned that Malaysia risks losing its business-friendly reputation in the region. 'This SST regime, combined with already burdensome regulations and tax compliance, is making Malaysia an expensive country to do business in,' he said. 'How do we expect to remain competitive in Asean when others are streamlining their systems and lowering costs while we keep adding more layers of taxation and red tape?' He warned that the expansion of SST may discourage foreign direct investments (FDIs) and even lead existing ones to exit Malaysia. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
