Zakat (tithes) is one of the ibadah (duty) which Allah SWT has made it obligatory to be performed by each Muslim. It is one of the five pillars of Islam. The Ulama (Muslim scholars) has defined Zakat as “A determined amount of wealth given to certain parties subject to certain conditions”.
Perbadanan TAIB provides computerised calculation service for zakat on savings to help savings account holder in Perbadanan TAIB.
The purpose of Perbadanan Tabung Amanah Islam Brunei providing computerised calculation service for zakat on savings is to facilitate Perbadanan TAIB account holders to perform zakat obligation conveniently and effectively. Besides that, it attempts to fulfill the customers’ aspiration to obtain pure savings according to the syariah law.
Obligatory Conditions for Zakat on Savings