The Majlis Archive

Category

Zakaat

433 answers.

How do we calculate Zakaat on a partnership?

Calculation of Zakaat is quite simple. Zakaat is paid on all Zakaat assets on hand. Treat Zakaat separately – apart from the business. Each partner has to pay his own Zakaat on…

The Majlis Q&A, 2014-10-31

I have trading stock on which I pay Zakaat.

You have to pay Zakaat on the gold jewellery as well even if a year has not passed. When calculating your Zakaat you have to add together all Zakaat assets which are gold, silver,…

The Majlis Vol 28 No 01, p.2