An Analysis Of Zakat And The Implementation Of Sustainable Development Goals (SDGs) In Permodalan Nasional Berhad (PNB)

Abstract

The obligation of zakat is not only on individuals but also on business entities. Business entities are seen to provide higher and enormous business zakat payment prospects compared to individuals in line with the main purpose of establishing business entities is to generate profits. Permodalan Nasional Berhad (PNB) is the largest capital and investment management company in Malaysia which is also perform their business zakat obligation. Recently, the United Nations (UN) has outlined the Sustainable Development Goals (SDGs) covering social, economic, and environmental elements. Therefore, the purpose of this article is to analyse the relationship between the implementation of the SDGs through zakat issued by PNB. This qualitative study was conducted using data collection and data analysis methods. Data collection methods are done through library research. The data obtained were analysed based on inductive, deductive, and comparative methods to obtain the results of the study. The results of this study found out that PNB implements wakalah zakat in performing their business zakat obligation. PNB also achieving their SDGs agenda through the zakat payment activity.