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Zakat On Crypto
Here is the amount of RM……. as I pay Zakat on Crypto which is obligatory on myself /the party I represent for the year ………… in the name of Allah SWT
Zakat Kripto
Jumlah Minima: RM10
Related Jenis Zakats
Pay Zakat On Crypto
Here is the amount of RM……. as I pay Zakat on Crypto which is obligatory on myself /the party I represent for the year ………… in the name of Allah SWT
Zakat Kripto
Jumlah Minima: RM10
Related Jenis Zakats
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Zakat On Crypto Selangor
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Zakat On Crypto Selangor
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100% LHDN Tax Rebate
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Zakat On Crypto
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Benefits of
Paying Zakat
100% Individual Tax Rebate
Zakat payers will receive 100% tax rebates from the Inland Revenue Board of Malaysia (LHDN)
2.5% Business Tax Rebate
Company will receive a 2.5% tax rebate from the Inland Revenue Board (LHDN).
Directly To Selangor Zakat Board
Your zakat payment will go directly to the bank account of the Selangor Zakat Board, without passing through any other entity's account
Zakat Distributed
To Asnaf
The collection of Zakat proceeds is directly channeled to the Asnaf groups in Selangor through the Selangor Zakat Board
Sample of Zakat Receipt
Benefits of Paying Zakat On Crypto
100% Individual
Tax Rebate
Zakat payers will receive 100% tax rebate from the Inland Revenue Board of Malaysia (LHDN)
2.5% Business Tax Rebate
Company will receive a 2.5% tax rebate from the Inland Revenue Board (LHDN).
Directly To Selangor Zakat Board
Your zakat payment will go directly to the bank account of the Selangor Zakat Board, without passing through any other entity's account
Zakat Distributed To Asnaf
The collection of Zakat proceeds is directly channeled to Asnaf groups in Selangor through the Selangor Zakat Board
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Choose & Calculate
Sample of Zakat Receipt
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What Is Zakat On Crypto Currency or Crypto Investments?
Cryptocurrency (or Crypto) is a currency that exists solely in digital form and is traded or used for buying and selling online. It is included in the property category because it has the property of ‘al-Mutaqawwim’, that is, it has a value to it and this value can increase or decrease according to the current situation. The closest parable to it is like the value of gold and silver which is known to have obligatory zakat on it if it reaches a set rate.
The Selangor State Fatwa Committee meeting convened on 17 August 2021 and it was decided that carrying out transactions using digital currency either as an intermediary for payment, money transfer and savings assets is a “must.” Therefore, it is necessary to pay zakat on any cryptocurrency owned if the total value of the property reaches the prescribed nisab zakat for the year.