Business zakat collection potential payment among subsidiary Company Golden Phoras / Amirul Khalis Hamzah

In this era of globalization, the landscape of life has transformed, including the practice of business zakat, which serves as an essential instrument for wealth redistribution and the enhancement of social welfare. However, its implementation among businesses remains limited due to insufficient awareness, inadequate zakat calculation systems, and varying levels of compliance. This study aims to assess the potential of Golden Phoras Berhad’s subsidiaries in implementing business zakat collection and payment, focusing on the aspects of knowledge, compliance, and willingness to participate in such practices. Using data analysis methods qualitative approach, data were collected through interviews with financial department heads and senior executive accountants, providing in-depth insights into the practices and challenges related to zakat. The findings reveal significant untapped potential to enhance zakat contributions through more effective awareness efforts, standardized calculation systems, and adherence to corporate social responsibility (CSR) initiatives. The study also highlights key challenges, such as limited training, low awareness, and inconsistent calculation methods, and proposes the implementation of systematic zakat management procedures to maximize social impact and ensure compliance with Islamic standards, thereby contributing to the integration of faith-based financial systems into contemporary corporate operations.