Zakat Calculation Form (Malaysia)
ZAKAT CALCULATION FORM
Prepared in accordance with the guidelines of Jabatan Kemajuan Islam Malaysia (JAKIM) and the relevant State Islamic Religious Council (MAIN)
Date of Calculation: [Calculation Date]
Payer Name: [Payer Name]
NRIC / SSM Registration No.: [Payer NRIC/SSM No.]
State / MAIN: [Payer State]
Category of Zakat: [Zakat Category]
PART A — HAUL PERIOD AND NISAB
Haul Start Date: [Haul Start Date]
Haul End Date: [Haul End Date]
Current Nisab Value: [Nisab Value]
Gold Price per Gram (on Haul Date): [Gold Price Per Gram]
The nisab is equivalent to 85 grams of gold under the Shafi'i school of jurisprudence as endorsed by the National Fatwa Council (Majlis Fatwa Kebangsaan) and JAKIM. Assets must have been held at or above the nisab for one full Hijri lunar year (haul) to be zakatable.
PART B — ZAKATABLE ASSETS COMPUTATION
For Zakat Perniagaan (Working Capital Method — JAKIM Endorsed):
Total Current Assets: [Total Current Assets]
Less: Total Current Liabilities: [Total Current Liabilities]
Net Current Assets: [Current Assets − Current Liabilities]
Muslim Ownership Percentage: [Muslim Ownership %]%
Net Zakatable Business Assets: [Net Current Assets × Muslim Ownership %]
For Zakat Pendapatan / Simpanan:
Net Zakatable Income / Savings: [Net Zakatable Income/Savings]
PART C — ZAKAT COMPUTATION
Net Zakatable Amount: [Net Zakatable Amount]
Zakat Rate: 2.5% (standard rate for business, income, savings, and investment zakat)
Zakat Payable (RM): [Zakat Payable]
The above zakat payable is computed in accordance with the Working Capital Method (for business zakat) or net income/savings formula prescribed by [MAIN Body]. The rate of 2.5% applies to all standard zakat categories.
PART D — PAYMENT DETAILS
Zakat Collection Body (MAIN): [MAIN Body]
Proposed Payment Date: [Payment Date]
Payment shall be made to [MAIN Body]. The official zakat payment receipt issued by [MAIN Body] qualifies as a tax rebate under Section 6A of the Income Tax Act 1967 and should be retained for the Inland Revenue Board of Malaysia (LHDN) e-Filing submission.
DECLARATION
I, [Payer Name], hereby declare that the information provided in this Zakat Calculation Form is true and accurate to the best of my knowledge and belief. I acknowledge my obligation to pay the zakat computed herein to [MAIN Body] on or before [Payment Date].
Zakat Payer
________________
Signature
What Is a Zakat Calculation Form (Malaysia)?
A Zakat Calculation Form in Malaysia records the information the relevant body requires to process the matter.
The legal obligation to pay zakat arises under Islamic law (syariah) for every Muslim who meets the nisab and haul requirements. The nisab for zakat on savings and trade goods is typically pegged to the value of 85 grams of gold or 595 grams of silver under the Shafi'i school of jurisprudence predominant in Malaysia. The haul is the one-year lunar (Hijri) calendar cycle during which assets must have been held at or above the nisab level. Zakat rates vary by category: zakat on trade (zakat perniagaan) is 2.5% of net zakatable assets; zakat on income (zakat pendapatan) is 2.5% of annual net income above the nisab; zakat on savings (zakat simpanan) is 2.5% of savings held for one full haul.
Under the Income Tax Act 1967, zakat payments made to State Islamic Religious Councils (MAIN) or approved zakat bodies are recognised as tax rebates under Section 6A of the Income Tax Act 1967 — meaning zakat paid reduces income tax payable ringgit-for-ringgit (not merely as a deduction), making timely and accurate zakat calculation financially significant for Muslim taxpayers in Malaysia.
The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) have both issued guidelines recognising zakat obligations in the context of Islamic finance instruments. Under the SC's Guidelines on Recognised Markets and the BNM Shariah Advisory Council's (SAC) resolutions, Islamic financial institutions operating in Malaysia must calculate and remit zakat on their trading profits and investment income. Malaysia's position as a leading global Islamic finance hub — with 11 full-fledged Islamic banks regulated by BNM and 17 takaful operators — makes accurate zakat calculation a central compliance obligation for the finance sector.
A Zakat Calculation Form differs from a standard tax return filed with the Inland Revenue Board of Malaysia (Lembaga Hasil Dalam Negeri, LHDN) in that it is a religious obligation computed under syariah principles rather than a statutory tax. However, the two are linked: the LHDN e-Filing system allows verified zakat payments to be claimed as tax rebates under Section 6A and Section 6B of the Income Tax Act 1967, and Zakat Calculation Forms prepared accurately support this dual compliance.
When Do You Need a Zakat Calculation Form (Malaysia)?
A Zakat Calculation Form in Malaysia is required whenever a Muslim individual or Islamic business entity must determine, record, and remit their annual zakat obligation to the appropriate State Islamic Religious Council.
A Zakat Calculation Form is needed by a Muslim sole proprietor, partner, or company director whose business has completed a full haul year with net trade assets (current assets minus current liabilities minus working capital) exceeding the nisab threshold — typically RM 24,000 to RM 26,000 depending on the current gold price — requiring the 2.5% zakat perniagaan calculation.
A Zakat Calculation Form is required by a Muslim employee whose annual net income (after deducting personal expenses at the prescribed rate) exceeds the nisab. Under PPZ-MAIWP and most State MAIN guidelines, an individual earning above the nisab per month must compute zakat pendapatan at 2.5% of net annual income or claim salary deduction through the employer's Skim Potongan Gaji Zakat scheme.
A Zakat Calculation Form is needed by an Islamic bank, takaful operator, or Islamic fund regulated by Bank Negara Malaysia under the Islamic Financial Services Act 2013 (IFSA 2013) that must calculate zakat on trading profits. BNM's Shariah Advisory Council (SAC) Resolution No. 51 provides the framework for zakat on equity financing and murabahah profits.
A Zakat Calculation Form is required by unit trust management companies managing Shariah-compliant funds listed on Bursa Malaysia or approved by the Securities Commission Malaysia under the SC's Guidelines on Unit Trust Funds. Zakat on Shariah-compliant investment funds is calculated on behalf of Muslim unit holders under AAOIFI Shariah Standard No. 35.
A Zakat Calculation Form is needed at the end of each Hijri calendar year by a Muslim property investor whose rental income from commercial or residential property held for one full haul exceeds the nisab, requiring computation of zakat mal (zakat on wealth) at 2.5% of net rental receipts.
A Zakat Calculation Form is required by any Muslim professional — lawyer, accountant, engineer, doctor — operating through a professional practice registered with SSM whose annual net professional income exceeds the nisab, to determine the correct zakat pendapatan due to the MAIN of the state where the professional is ordinarily resident.
What to Include in Your Zakat Calculation Form (Malaysia)
A complete and accurate Zakat Calculation Form for Malaysia must contain the following essential elements.
Payer Identification: The form must record the full name, MyKad (NRIC) number, and state of residence of the Muslim individual, or for a business entity, the company or enterprise registration number with SSM. The state of residence determines which State Islamic Religious Council (MAIN) receives the zakat — for example, PPZ-MAIWP for Federal Territory residents, Lembaga Zakat Selangor (LZS) for Selangor residents, or Majlis Agama Islam dan Adat Melayu Perak (MAIPk) for Perak residents.
Category of Zakat: The form must specify whether the computation covers zakat perniagaan (trade/business), zakat pendapatan (income), zakat simpanan (savings), zakat pelaburan (investment), or zakat emas (gold). Each category has distinct calculation methodology prescribed by the relevant MAIN.
Nisab Calculation: The form must state the current nisab value in Malaysian Ringgit (MYR RM) at the date of calculation. The nisab for most categories is 85 grams of gold, and the form must reference the prevailing gold price as published by the Ar-Rahnu Islamic pawn scheme or Bank Negara Malaysia on the haul completion date.
Haul Period: The form must record the start and end date of the haul (one full Hijri lunar year). For business zakat, the haul typically follows the company's financial year-end converted to Hijri calendar. The haul completion date determines the cut-off for asset valuation.
Zakatable Assets (For Business Zakat): For zakat perniagaan, the form must itemise current assets including cash, trade receivables, inventory at cost, and Shariah-compliant investments, then deduct current liabilities including trade payables and short-term borrowings. The formula applied is: Net Zakatable Business Assets = (Current Assets − Current Liabilities) × 2.5%. This follows the Working Capital Method endorsed by Jabatan Kemajuan Islam Malaysia (JAKIM) and the National Fatwa Council.
Income Computation (For Income Zakat): For zakat pendapatan, the form must state gross annual income from all sources, deduct allowable personal expenses (typically 51.05% of gross income for a married person with dependants under Selangor's ZAKAT formula, or the MAIWP flat allowance method), and apply the 2.5% rate on net zakatable income.
Zakat Amount and Payment Reference: The form must state the total zakat payable in MYR RM, the name of the MAIN receiving the payment, and the payment reference number. Zakat payment receipts from approved MAIN bodies qualify as tax rebates under Section 6A of the Income Tax Act 1967 and should be retained for the LHDN e-Filing submission.
Additional compliance elements for a Zakat Calculation Form (Malaysia) used in Malaysia include: Under Malaysian law, the Contracts Act 1950 (Act 136) governs contractual obligations. The Companies Act 2016 (Act 777) regulates corporate entities through the Companies Commission of Malaysia (SSM). The Employment Act 1955 (Act 265) and the Department of Labour govern employment matters. The Personal Data Protection Act 2010 (Act 709) and the Personal Data Protection Department protect personal data. The Inland Revenue Board of Malaysia (LHDN) administers tax obligations. The Industrial Court adjudicates employment disputes under the Industrial Relations Act 1967 (Act 177). Forms-legal.com provides this template as a starting point for Malaysia-compliant documentation.
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Reference this free template in an article, syllabus, or research note:
Forms Legal. (2026). Zakat Calculation Form (Malaysia) (Malaysia) [Legal document template]. Forms Legal. https://forms-legal.com/malaysia/financial/forms/zakat-calculation-form-malaysia
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author = {{Forms Legal}},
title = {Zakat Calculation Form (Malaysia) (Malaysia)},
year = {2026},
howpublished = {\url{https://forms-legal.com/malaysia/financial/forms/zakat-calculation-form-malaysia}},
note = {Free legal document template. Based on Financial Services Act 2013 (Act 758)}
}Frequently Asked Questions
Zakat payments in Malaysia are not merely tax-deductible — they qualify as a direct tax rebate under Section 6A of the Income Tax Act 1967, meaning the amount of zakat paid is deducted ringgit-for-ringgit from income tax payable, not just from taxable income. For example, a Muslim individual with RM 5,000 of income tax liability who pays RM 1,500 of zakat to an approved State Islamic Religious Council (MAIN) reduces their income tax payable to RM 3,500. Section 6B of the Income Tax Act 1967 extends a similar rebate to individuals whose income is below the chargeable income threshold. The zakat must be paid to a MAIN or body recognised by the Director-General of Inland Revenue under the Income Tax Act 1967. Receipts from bodies such as PPZ-MAIWP (Federal Territory), Lembaga Zakat Selangor (LZS), or Majlis Agama Islam Johor (MAIJ) are accepted for the LHDN e-Filing tax rebate claim.
The nisab for zakat on savings, trade goods, and income in Malaysia is pegged to the value of 85 grams of gold under the Shafi'i school of jurisprudence predominant in Malaysia, as endorsed by the National Fatwa Council (Majlis Fatwa Kebangsaan) and Jabatan Kemajuan Islam Malaysia (JAKIM). The precise nisab value in Malaysian Ringgit (MYR RM) changes daily with the gold price. As at 2024, with gold trading at approximately RM 310–330 per gram, the nisab is approximately RM 26,000–RM 28,000. Each State Islamic Religious Council (MAIN) publishes the current nisab on its website: PPZ-MAIWP for the Federal Territory, Lembaga Zakat Selangor (LZS) for Selangor, and so on. For zakat fitrah (paid at end of Ramadan), the nisab is not applicable — every Muslim adult pays zakat fitrah regardless of wealth, at a rate set annually by each MAIN.
Zakat perniagaan in Malaysia is calculated using the Working Capital Method endorsed by Jabatan Kemajuan Islam Malaysia (JAKIM) and adopted by most State Islamic Religious Councils. The formula is: Net Zakatable Assets = (Current Assets − Current Liabilities) × Muslim Ownership Percentage × 2.5%. Current assets include cash and bank balances, trade receivables, inventories at cost, and Shariah-compliant short-term investments. Current liabilities include trade payables, accruals, and short-term financing. Fixed assets such as plant, equipment, and property are excluded from the calculation. For a 100% Muslim-owned company, the full net current assets are subject to zakat at 2.5%. For companies with mixed Muslim and non-Muslim ownership, only the Muslim shareholders' proportionate share is zakatable. The haul for business zakat typically follows the company's financial year-end as registered with SSM.
Zakat in Malaysia is collected by the State Islamic Religious Council (MAIN) or its authorised collection body in the state where the Muslim payer is ordinarily resident or where the business is registered. The principal zakat collection bodies are: PPZ-MAIWP (Pusat Pungutan Zakat Majlis Agama Islam Wilayah Persekutuan) for Kuala Lumpur, Putrajaya, and Labuan; Lembaga Zakat Selangor (LZS) for Selangor; Pusat Kutipan Zakat (PKZ) Pulau Pinang for Penang; Majlis Agama Islam Johor (MAIJ) for Johor; Majlis Agama Islam dan Adat Istiadat Melayu Kelantan (MAIK) for Kelantan; and Majlis Agama Islam Sarawak (MAIS) for Sarawak. Islamic financial institutions and takaful operators regulated by Bank Negara Malaysia under the Islamic Financial Services Act 2013 (IFSA 2013) generally pay business zakat to the MAIN of the state in which their principal place of business is located.
A company registered with SSM in Malaysia is required to pay zakat only in proportion to its Muslim shareholders' equity. Under the National Fatwa Council resolution and JAKIM guidelines, companies with mixed Muslim and non-Muslim ownership must calculate the zakatable portion of net current assets based on the percentage of Muslim shareholding. For example, if a company has net zakatable assets of RM 1,000,000 and Muslim shareholders hold 60% of shares, the zakatable amount is RM 600,000 and zakat payable is RM 15,000 (2.5%). Fully non-Muslim owned companies have no zakat obligation. Companies listed on Bursa Malaysia must disclose their zakat payment in the annual report and may obtain a zakat compliance certificate from the relevant MAIN, which is recognised by the Securities Commission Malaysia (SC) as part of Shariah governance disclosure for Islamic capital market instruments.
Zakat on income (zakat pendapatan) does not replace income tax under Malaysian law — the two obligations are separate and both must be fulfilled. Under the Contracts Act 1950 and the Income Tax Act 1967, paying zakat does not discharge a Muslim's statutory income tax liability to the Inland Revenue Board of Malaysia (LHDN). However, under Section 6A of the Income Tax Act 1967, the amount of zakat paid reduces the income tax payable as a rebate, so the effective combined cost of zakat plus income tax is reduced. Muslim individuals whose income tax liability is less than their zakat payment will receive the full income tax rebate but cannot obtain a refund of the surplus zakat amount as a tax refund. The Inland Revenue Board of Malaysia has confirmed this position in its public guidance on zakat rebate claims in the e-Filing system.
This template is provided for informational purposes only and does not constitute legal advice. Laws vary by jurisdiction and change over time. Consult a qualified attorney for advice specific to your situation.Full disclaimer
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