Welcome to NZF Worldwide

NZF Worldwide is an international Zakat services firm which specialises in launching new Zakat foundations, Zakat audit and compliance, management and strategy.

Zakat

Understand the pillar of Zakat and its role as a human capital development fund, faith empowerment vehicle, economic stimulus and a societal safety-net.

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Our Services

Strategy & Consultancy

We work with philanthropists, government agencies and charitable organisations that wish to build and deploy highly effective Zakat strategies.

Advocacy

We are increasingly building links with central banks to support Zakat bodies optimize their Zakat collection.

Audit & Compliance

We ensure all our members are providing effective services through a strong audit and compliance function.

Foundation Formation

We help to establish and seed National Zakat Foundations globally, working with high performing stakeholders in various countries.

Zakat Accounting & Planning

We offer Zakat accounting & planning services to sophisticated investors, high-net worth individuals, multi-asset investment portfolios, fund managers and businesses.

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Insights

Up-to-date news and events of NZF and insightful articles surrounding Zakat.

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NZF WW Director of Governance Dr Ibrar Majid Receives an MBE

We are delighted to announce that our director of governance, Dr Ibrar Majid, has been awarded an MBE in the Queens Birthday Honours 2020 for services to healthcare. A consultant paediatric orthopaedic surgeon by profession, Dr Ibrar has been instrumental at developing good governance in Zakat practice and management previously

Zakat on Pensions: Determining Proxies for Different Funds

This report outlines the juristic precedence in determining proxies for the Zakatable assets held in pension funds as well as the findings and the recommendations for Muslim pension fund members in the United Kingdom for calculating their Zakat liability. A four-month project in determining reasonable proxies for the various types

Zakat and Investments

Zakat is the third of five core pillars of Islam and by Quranic ranking, is next after Prayer in importance. It has been interlinked with Prayer 28 times in the Quran.  Zakat functions and is calculated in a similar manner to a wealth tax, but it is so much more