What Motivates Muzakki in Sarawak to Fulfill Zakat on Gold and Silver? Discovering the Underlying Factors

Nur Constance, Wah and norfarizan, johar (2024) What Motivates Muzakki in Sarawak to Fulfill Zakat on Gold and Silver? Discovering the Underlying Factors. In: Finance, Economics & Business Sustainability (FEBS) Conference 2024, 18-20 September 2024, Hilton Kuching. (Submitted)

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Abstract

Zakat on gold and silver has a potential social impact on the community. There is a significant knowledge gap and non-compliance with zakat on gold and silver, especially among the Muzakki in Sarawak. This paper aims to comprehend the factors leading to the compliance in zakat on gold and silver among Muzakki in Sarawak and to investigate the relationship between those factors. A quantitative method was conducted, involving 378 respondents from various backgrounds throughout Sarawak, Malaysia. Questionnaire was distributed through social media platforms and covered five key factors: demographic, knowledge, attitude, social and perception. The findings highlight that the attitude, social, and perception as the most prominent factors and are statistically significant associated with the compliance in zakat on gold and silver among Muzakki in Sarawak. These finding emphasizes the need for educational programs, community engagement, collaboration with industry player, perception management and policy enactment to enhance zakat compliance rates among Muzakki in Sarawak, these contribute to social welfare in a wider scope. Keywords: Attitude, Compliance, Demographics, Knowledge, Muzakki, Zakat

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