Zakat on business is an obligation imposed on the individual business, partnership business, organizations, and companies, including Islamic Financial Institution (IFI). The institutions are envisioned to be vital in supporting zakat's socioeconomic aims in Malaysia. Furthermore, zakat institutions have been exposed to many challenges that hinder the efficiency of the institutions in administering the zakat distribution. Thus, the zakat authority established a new approach which is the wakalah contract, that would allow zakat payers to participate in the distribution process by being appointed as a legitimate zakat distributors or wakil. This research focuses on an Islamic Financial Institution (IFI), Bank Muamalat Malaysia Berhad (BMMB), as a distributor of zakat refund. Concerning that, this study aims to explain the concept of zakat refund and to explore the roles of BMMB as wakil in distributing zakat refund. The method used for this study is qualitative and comprises two types of data collection methods which are interview and library research. The finding shows that BMMB has utilized the zakat fund through the wakalah contract by organizing programs that benefited the asnaf.
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