Zakat calculator is a new feature available in myASNB portal/app that allow unit holders to perform zakat calculation for their ASNB unit trust.

The zakat calculator is accessible for unit holders who have registered as user for myASNB portal/app, as calculation is unique to each unit holders.

Yes. All unit trust funds registered with ASNB must reach at least 12 months (complete haul) from each calendar year to complete haul period requirement for zakat calculation.

Only cash investment units including variable price funds (forward and historical pricing) are subject to zakat calculation. Investments in the form of ASB/ASB2 financing, Hibah Amanah (block amount of RM 1,000 only), EPF-MIS and blocked units are excluded.

Zakat calculation rate is 2.5% from the total investment balance (in RM), as at 31/12/20XX.

Unit holder’s total investment units will be consolidated at the end of calendar year and converted into RM value based on NAV per unit as at 31st December. As for ASNB zakat calculator, the total investment value will be validated against the nisab amount issued by Majlis Agama Islam Wilayah Persekutuan (MAIWP) to determine eligibility for zakat payment.

E.g.

Funds Ending investment balance in a year (in units) eg: Jan – Dec 2020 NAV as at 31/12/2020 Zakatable investment Total zakat to be paid (RM)
ASB 21,392 unit
setakat 31/12/2020 		RM 1.0000 RM 21,392 RM 21,392 x 2.5%
= RM 534.80

*Disclaimer: Zakat calculation illustrated is based on current method as practised by MAIWP as ASNB main operations are centralised in Kuala Lumpur Federal Territory. However, unit holders may refer to their respective Pusat Pungutan Zakat at state level, should they wish to follow a different zakat assessment method.

Yes, the calculation can be backdated maximum to 3 years. For example, for 2021, zakat calculation will be available for 2020, 2019 and 2018.

Yes, it will be independent to their guardian, but it will appear on guardian’s zakat statement. All the rules including nisab amount and haul period for unit trust funds are the same as normal account.

You can download it via myASNB portal/app.

No. The zakat assessment will only act as the reference for your zakat assessment with ASNB.

No. You are advised to arrange the payment at any Pusat Pungutan Zakat of your choice.

(Please note that ASNB is not a license body to perform the zakat collection. The calculator is solely for computation purposes ONLY, for personal reference, no financial transactions will occur in myASNB portal/app).

You may submit the official payment receipt directly to LHDN.

myASNB portal/app will prompt zakat error message(s) if any of the following criteria/requirement is not fulfilled:

  • none of UH’s funds are registered for more than one (1) calendar year (haul period)
  • transaction still pending for allotment of units (for forward pricing funds or cheque clearance)
  • total investment holdings are less than the nisab amount

Zakat calculator is a new feature available in myASNB portal/app as to assist Muslim unitholders in computing their investment zakat in ASNB. However, non-muslim unitholders are most welcome to use calculator to see the zakat computation.

Unit holders may contact ASNB Call Centre at 03 – 7730 8899 or email to asnbcare@pnb.com.my

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