Zakat in Practice : A Practical Guide to Giving Right

Zakat in Practice : A Practical Guide to Giving Right

Zakat: More Than Just a Wealth Tax

Zakat, at its core, is more than just a financial obligation—it carries profound meanings in its root Arabic form:

  • Numu’ – Growth
  • Taharah – Purification
  • Barakah – Blessing
  • Salah – Righteousness & Integrity
  • Madh – Praise

Yet, a common misconception persists: Zakat is merely a tax on a Muslim’s wealth.

But if one of its meanings is growth (Numu’), how does that reshape our understanding of Zakat? How does it tie into wealth management and financial responsibility?

And beyond the usual assets—cash, gold, insurance, and stocks—what about other forms of investments? Is Zakat applicable to businesses, real estate, or modern financial instruments?

In this session, we’ll go beyond the basics, uncovering the broader scope of Zakat and its application to various investments. Join us as we explore how to calculate and fulfill your Zakat in a way that aligns with both financial growth and spiritual purification.

Your trainer is one trained in both finance and Shariah

Zul Hakim Jumat has over a decade of experience in the Islamic finance industry, working across both academic and professional domains. He currently serves as an Islamic Wealth Specialist at Maybank Singapore, where he is part of the pioneering team driving the development of the bank’s Islamic Wealth Management regional hub.

He holds a Bachelor’s degree in Islamic Jurisprudence and Principles of Islamic Jurisprudence, with a minor in Economics from Kuwait University (2015), and an M.Sc. with honours in Islamic Finance from Hamad Bin Khalifa University (HBKU-2018). Zul is also an AAOIFI Certified Shari’ah Advisor and Auditor (CSAA) and is pursuing a PhD in Islamic Finance and Economy at HBKU.

His contributions to the field are also reflected in his co-editorial work on several publications with Edward Elgar, Palgrave Macmillan, and Springer, including his latest work, Islamic Finance in the Digital Age.

Zakat Unlocked: More Than Just a Calculation

Zakat is more than just a percentage on your wealth—it’s a powerful tool for purification, growth, and social impact. But how do you calculate it accurately? What assets does it truly apply to?

Join us for an engaging and practical session where we go beyond the basics, breaking down both the theory and real-world application of Zakat.

Led by Ustaz Zul Hakim Bin Jumat, an Islamic Wealth Management Specialist at Maybank Singapore, this session will equip you with the knowledge and confidence to fulfill your Zakat obligations—whether as an individual or for your business and investments.

📍 Location: Oxley BizHub (with virtual attendance option)

Don’t just give—give right, give with purpose.

Register here!

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