Influence of Zakat on Sejahtera Strategic Position and Action

Main Article Content

Suhaimi Mhd Sarif Dolhadi Zainudin

Abstract

Zakat is religious duty for Muslims. Muslim-owned companies also paid zakat. With religious duty in mind, there is no expectation of worldly rewards. When companies are constantly paid zakat, there is good effect to the companies’ performance and competitive advantages. This study postulated that zakat enables companies to gain sejahtera strategic position and action for sustainable performance. The case study on three different companies that paid zakat showed sejahtera position and action. The study uses strategic position and action evaluation (SPACE) Matrix to investigate the influence of zakat on sejahtera strategic position and action. The results of the study showed that zakat has worldly effect.

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How to Cite
Sarif, S. M., & Zainudin, D. (2020, November 12). Influence of Zakat on Sejahtera Strategic Position and Action. International Conference of Zakat, 255-264. https://doi.org/https://doi.org/10.37706/iconz.2020.243
Section
Articles
Author Biographies

Suhaimi Mhd Sarif, International Islamic University Malaysia (IIUM)

Associate Professor,
Department of Business Administration
Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia

Dolhadi Zainudin, International Islamic University Malaysia (IIUM)

Assistant Professor
Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia