Abstract

This research aims to analyze the potential of corporate zakat of Indonesian Islamic banks. This is qualitative research. Financial reports of 13 Islamic Banks in Indonesia, published and made available online through their website for 2017-2018, were analyzed using content analysis techniques. The research findings show that overall, corporate zakat paid by Islamic banks in Indonesia is still 6% of total zakat potential, calculation of corporate zakat using “net asset” method results in the most outstanding value of zakat potential-approximately 711 billion Rupiah or ten times of the amount of zakat that Islamic banks have paid in Indonesia.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.