GIRO

Zakat by Giro – An Advance Monthly Zakat Contribution

Zakat by Giro is a new mode of Zakat payment. It is an advance monthly payment for your next year's Zakat, allowing you to plan your Zakat on Savings, Business, Gold and Long-term Assets in CPF Ordinary Account, Investment Shares and Insurance.

Fatwa on Zakat by Giro

The Fatwa Committee has issued the permissibility of Zakat payment by Giro. It is based on the concept of wakalah, an agent i.e. a bank deducting on behalf of Zakat payer based on the instructed Zakat amount. The Zakat payer must be of sound mind with sufficient bank balance for deduction.

This advance payment does not contradict with the concept of haul (period) as Zakat can be made in advance. A Hadith as narrated by Abu Daud, Tarmizi and Ibnu Majah: "Sayuduna Abbas r.a. once asked the Messenger of Allah p.b.u.h. on the possibility of paying Zakat before its haul (time of obligation) and the Messenger of Allah p.b.u.h. acknowledged it."  

How to pay Zakat by Giro

Pay your Zakat in advance by Giro:

1. Simply fill up a  Zakat by Giro Form (PDF, 675KB) and
2. Submit it to us: 
   Zakat & Wakaf Strategic Unit 
   Islamic Religious Council of Singapore (Muis) 
   Singapore Islamic Hub 
   273 Braddell Road 
   Singapore 579702