Wooden Christmas Crafts Kids - Zakat in IslamWEALTH ON WHICH ZAKAT IS IMPOSED: 1. Gold and silver, in any form.2. Cash, bank notes, stocks, bonds etc.3. Merchandise for business, equal to the value of Nisaab.4. Live stock.5. On income derived from rental business.CALCULATION OF ZAKAT: 1. To calculate Zakat on jewelry etc. One must initial determine the gold or silver content along with then calculate the Zakat based on current market price.2. If the Gold possessed is less than 87.48 grams or if silver Muslim possessed is less then 612.36 grams, but the value of each combined is equal to or exceeds the Nisaab of either Gold or Silver, the Zakat will almost certainly be due.3. within the event of an write-up not being of pure gold or pure silver, but containing a mixture of other metals and the gold or silver content is much more t ... [Read More - Wooden Christmas Crafts Kids]
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[+] A Guide To Zakat In Islam Part Six : THIS week, after a lengthy discussion on the sorts of Zakat, SaveMoney.my concludes its guide. Read more...Mon, 26 Aug 2013 18:48:00 -0700
[+] BIMB's Profit Before Zakat And Tax Climbs 23% In Q2 : PETALING JAYA : BIMB Holdings Bhd saw its profit prior to zakat and tax rose 23% for the second quarter ended June 30, 2013 (Q2FY13) to RM213.04 million from RM173.26 million a year ago, driven by higher contribution from its Islamic banking and takaful businesses. Read more...Wed, 28 Aug 2013 18:37:18 -0700
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