Standardising Wakalah Zakat Financial Reporting in Malaysia: a Framework for SDG-Aligned Islamic Governance Under the Islamic Accounting Standards for Baitulmal, Zakat, and Waqf (PPIBZW)
Objective: The implementation of the Islamic Accounting Standards for Baitulmal, Zakat, and Waqf (PPIBZW) in 2025 marks a major step toward financial harmonization in Malaysia. This study critically examines the inconsistencies in wakalah zakat financial reporting among Malaysian zakat institutions through a systematic...