2 research outputs found

    The study on payment zakat business to Lembaga Zakat Negeri Kedah among muslim enterpreneurs in Kedah

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    This study aims to examine the payment of business zakat among Muslim entrepreneurs in the state of Kedah. For the purpose of this research is to identify the trend of business zakat collection, the role of the Lembaga Zakat Negeri Kedah in encouraging Muslim entrepreneurs to pay zakat and the practice of business zakat payment by Muslim entrepreneurs in the state of Kedah.Therefore, to ensure that all the objectives that have been listed are answered gradually, the most appropriate method that can be used is a qualitative research methodology. This research combines literature sources and interview methods. The results of the study found that the trend of business zakat collection starting in 2013 until 2019 is uncertain, most Muslim entrepreneurs choose to pay to the Kedah State Zakat Board because it is easy and confident in the distribution made by the Kedah State Zakat Board. The researcher also suggested some improvements to the LZNK zakat institution to overcome the problems that occurred. In conclusion, the LZNK zakat institution must take several actions to ensure that business zakat collection can be increased

    Utilizing Zakah Fund for Developing Microtakaful Scheme Towards Enhancing Financial Well-Being of Working Asnaf in Kedah

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    This study aims to develop a Microtakaful scheme utilising the Zkah fund by adopting both quantitative and qualitative methods to identify the factors that influence financial well-being among Asnaf in Kedah. A total of 83 working Asnaf from Skim Bantuan Jayadiri under Lembaga Zakat Negeri Kedah participated in the survey and two representatives from top management of Lembaga Zakat Negeri Kedah were interviewed. A stratified sampling technique was employed and survey data were analysed using partial least squares structural equation modeling (PLS-SEM). The study found that common risks and vulnerabilities faced by the working Asnaf are illnesses that required outpatient treatment, loss of livestock and permanent and temporary disability. The study concluded that in terms of risk coping mechanism, the risks could be covered in the Microtakaful scheme due to the respondents are least likely to seek financial assistance from the government when disaster strikes. The survey result indicates that Protection Needs, Risk coping mechanism and Zakat have significant positive relationship towards financial well-being. The findings highlight that a proposed Microtakaful plan can be applied to the Lembaga Zakat Kedah and other Zakat agency in other states in Malaysia
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