DUBAI - Saudi General Authority of Zakat and Tax has introduced new regulatory amendments to improve zakat collection, the authority said in a statement released by the government communication office on Friday.

The authority said the government will assume the zakat liability on government-issued debt instruments to encourage the local debt market.

(Reporting by Aziz El Yaakoubi; Editing by Alison Williams) ((aziz.elyaakoubi@thomsonreuters.com; +971552994086; Reuters Messaging: aziz.elyaakoubi.reuters.com@reuters.net))