GISBH’s Shortcomings Increasingly Exposed
KUALA LUMPUR, The shortcomings of GISBH Holdings Sdn Bhd (GISBH) are increasingly coming to light, highlighted by the recent revelation that the company has never made any payments for business zakat (tithe). The Selangor Zakat Board (LZS) announced today that over 20 GISBH-linked companies have never paid zakat, and the board is unable to determine the amount owed because it has never received any information regarding the company’s assets and liabilities. According to LZS, legal action can be taken against GISBH for failing to pay zakat under the Administration of the Religion of Islam (State of Selangor) Enactment 2003, which