The Law of Zakah for Indebted Company

• Main Authors: Imron Mawardi, Imam Fauzi, Kumara Adji Kusuma, Mochammad Tanzil Multazam, Nyong Eka Teguh Imam Santoso
• Format: Article PeerReviewed
• Language: English; Indonesian; English
• Published: Universidad del Zulia, Venesuela 2018
• Subjects: H Social Sciences; HG Finance; HG4530 Investment companies. Investment trusts. Mutual funds
• Online Access: http://repository.unair.ac.id/101252/1/Imron%20Mawardi_Karil%2002_The%20law%20of%20zakah.pdf; http://repository.unair.ac.id/101252/2/Imron%20Mawardi_Peer%20Review002.pdf; http://repository.unair.ac.id/101252/3/Imron%20Mawardi_Similarity%20%2002_The%20Law%20of%20Zakah.pdf; http://repository.unair.ac.id/101252/; http://produccioncientificaluz.org/index.php/opcion/issue/view/2686/showToc
• Institution: Universitas Airlangga

Zakah is a means of distribution of wealth that has been set by Allah SWT. These provisions of Allah include zakah payer, zakah collector, and zakah recipients. The focus of this research is on zakah recipients, more specifically on gharimin (person in debt). During this time gharimin was interpreted as a person who owed. But the question arises, what is the status of the law if this gharim is a business entity like a company? This research attempts to answer this question because of the strategic function and role of the company for improving the economy of the people. This type of research is qualitative by using the literature review method, content analysis method, and the ushul fiqh (Islamic jurisprudence) method namely qiyas, istihsan, and istislah. From the research it was found that this company was like an individual because he was also a legal subject who had roles and functions like individuals. So, companies can also be obliged to use zakah. With this analysis, zakah is also allowed to be given to gharim companies because istihsan and istislah, this zakah for gharim companies gives a great deal of benefit to the people's economy because it will increase the economic growth of the people. But of course the receipt of zakah to the gharim company with the requirements set by the Islamic Sharia.