The Malay businessman understanding towards zakat on business: a case study in Alor Gajah District of Malacca

Zakat, which is one of the Five Tenets of Islam, has been instituted for the purposes of purifying and cleansing both one’s sou! and one’s property. In a wider context, however it is also intended as a means to achieve an equilibrium (al-‘Adl), or what is now often referred to as social justice. This study will attempt to trace the understanding of Malay Businessman towards Zakat on Business which is Goods earned by commutative contracts, and set aside for investment in business or profit earning, is, as a precaution, liable for Zakat if certain conditions are fulfilled. This study primarily focuses on the Malay Businessman because zakat in Malaysia has been primarily collected from business activities and it is vital to make sure that they are not only fulfil their obligation to pay for zakat but also to establish and strengthen their faith. The outcomes of this study showed that almost respondents aware about zakat but unfortunately they do not really understand the basic concept of Zakat on Business as well to calculate the zakat payment.