Pay your Zakat via Raiz and get 1% CASH BONUS!

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Pay your Zakat via Raiz Rewards and get 1% CASH BONUS in your Raiz account!

 

Yes, you heard it right! When you pay your Zakat obligation via Raiz, you will receive a 1% cash bonus of your Zakat amount invested back into your Raiz account.

You invest in your Akhirat, we invest in your Dunia.

 

How do I pay Zakat via Raiz?

It’s simple!

  1. Open your Raiz app. Go to the Raiz Rewards section.
  2. Look for “Zakat”. Then click the “Pay Zakat Here” button.
  3. Type in the amount you would like to pay and select the type of Zakat and year.
  4. Lastly, click the “Pay” button (make sure you have linked your Funding Account!).

To view the status of your Zakat payment, go to the Zakat Screen and click on “View Past Payment”.

 

Who will receive my Zakat payment?

We have partnered up with Pusat Pungutan Zakat Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP). All your Zakat payments will be channeled to PPZ-MAIWP to be distributed to the rightful beneficiaries i.e. the asnaf.

 

When will I get the 1% cash bonus in my Raiz account?

For every successful payment, you will get the cash bonus invested back in your Raiz account as soon as the next working day.

 

Receipt..?

You will receive your receipt (within 5 working days) from PPZ-MAIWP via SMS. You can also get it from PPZ’s zakat2u portal.

 

Does the 1% cash bonus affect my Zakat amount in any way?

No. To give you an example, if you make a Zakat payment of RM100, the whole amount (RM100) will be channeled to PPZ-MAIWP. The 1% cash bonus you receive will not affect your Zakat amount.

 

How much Zakat should I pay?

It depends on several factors such as your earnings, expenses, current liabilities, etc. We strongly suggest you refer to this Zakat calculator.

 

Click here for frequently asked questions and also visit www.raiz.com.my for more information about Raiz.

 


Important Information 

The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product. 

The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information. 

Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz. 

The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance.

The advertisement has not been reviewed by the SC.