Zakat Practical Guide

Traditionally gold and silver were considered stores of value. With the passage of time new forms of wealth have emerged ranging from land and building to shares bonds fixed deposits currencies annuities insurance policies wallets MF PF et al with ownership in sole proprietorship concerns partnership firms private companies public companies trusts and societies. This requires expertise in finance and accounting while applying principles of zakat for determining zakat liability accurately. The book “Zakat Practical Guide” is an exercise in calculating zakat liability on all types of wealth. Besides the basic concepts the book contains a number of case studies for the calculation of the zakat of salaried persons manufacturers businessmen professionals investors and agriculturists. Truly it is a practical guide.