Page 26 - Obligatory Zakat Made Easy
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     IPT
                          50%
                      from employees’
                    zakat salary deduction
                          per year
     Example of Wakalah Calculation
       Zakat Paid             :   RM100,000.00
       Refund rate            :   37.5%
       Zakat to be distributed  :   RM100,000.00 x 37.5%
                                   RM37,500.00
       THE DUE DATE TO APPLY FOR THE
       REFUND OF THE ZAKAT PAYMENT
         MADE IN THE CURRENT YEAR IS
          TH
        30   OF JANUARY OF THE NEXT YEAR.
    Note:
    Individuals/Companies/Employers/IPTs must prepare
    the Zakat Money Distribution Report and submit it to
    MAIWP and PPZ-MAIWP within a year of receiving the
    Wakalah  Letter.  The  sample  of  the  report  can  be
    obtained from PPZ-MAIWP.
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