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A Guide TO Zakat Accounting Prepared by Dr. Hussain Hussain Shehatah Professor of Accounting Faculty of Commerce, Al-Azhar University Consultant to Al-Zakat.

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Presentation on theme: "A Guide TO Zakat Accounting Prepared by Dr. Hussain Hussain Shehatah Professor of Accounting Faculty of Commerce, Al-Azhar University Consultant to Al-Zakat."— Presentation transcript:

1 A Guide TO Zakat Accounting Prepared by Dr. Hussain Hussain Shehatah Professor of Accounting Faculty of Commerce, Al-Azhar University Consultant to Al-Zakat Funds

2 بسم الله الرحمن الرحيم In the Name of Allah, In the Name of Allah, The Most Merciful,The Most Compassionate The Most Merciful,The Most Compassionate

3 Zakat in The Holy Quran قال الله تبارك و تعالي : ” و أقيموا الصلاة و أتوا الزكاة و اركعوا مع الراكعين...“ ( سورة البقرة : الآية 43 ) ( سورة البقرة : الآية 43 ) Allah says : “ and be steadfast in prayer,practice regular Zakat and Bow down Your heads with those who down ….. ( Al-Baqara- 43 )

4 Zakat in THe Sunnah قال رسول الله صلي الله عليه وسلم : ” بني الإسلام علي خمس, شهادة أن لا إله إلا الله, وأن محمدا عبده ورسوله, وإقام الصلاة, و إيتاء الزكاة, وحج البيت, و صوم رمضان ” ( رواه البخاري ومسلم ) ( رواه البخاري ومسلم )

5 Zakat in Sunnah-cont. The Messenger of Allah ” ( peace be upon Him ) said : “ Islam has been built on five pillars, Testifying that there is no God but Allah and Mohammed is the messenger of Allah, performing the prayers, paying the Zakat, making, the pilgrimage to the house of Allah, and fasting Ramadan “ ( Buhkary and Muslim ) ( Buhkary and Muslim )

6 Zakat Accounting Topics ( Contents of the Book ) This Book deals with Fiqh and Accounting of Zakat (Alms) according to Islamic Jurisprudence. It consists of the following This Book deals with Fiqh and Accounting of Zakat (Alms) according to Islamic Jurisprudence. It consists of the following Topics : - Zakat Rules.( Fiqh ). - Zakat Accounting Rules( Principles ). - Zakat Accounting Statements. - Zakat Duers.

7 Chapter One Zakat Rules (Zakat Fiqh)

8 Zakat Meaning Zakat means, in Language, : Blessing, Purity, Growth and Uprightness. Zakat means, in Language, : Blessing, Purity, Growth and Uprightness. It means in Shariah :a defined allocating amount from a defined money for an assigned people. It means in Shariah :a defined allocating amount from a defined money for an assigned people.

9 Zakat and Sadaqa Zakat may called Sadaqa, Allah says : ” of their properties ( money) take Sadaqa, that may Purify and sanctify them and pray on there behalf …….. ” Zakat may called Sadaqa, Allah says : ” of their properties ( money) take Sadaqa, that may Purify and sanctify them and pray on there behalf …….. ” “ خذ من أموالهم صدقة تطهرهم و تزكيهم بها وصل عليهم * -The Word Sadaqah in this verse * -The Word Sadaqah in this verse refers to Zakat. But it sometimes refers to Charity. refers to Zakat. But it sometimes refers to Charity.

10 *-Accordingly, every Zakat is a Sadaqa *-Accordingly, every Zakat is a Sadaqa And a Sadaqa may be a Zakah or a Charity. And a Sadaqa may be a Zakah or a Charity.

11 Zakat Rules أحكام الزكاة Muslim Scholars have summarized Zakat Rules as follow : Muslim Scholars have summarized Zakat Rules as follow : - Zakat is a Farida from Allah (obligatory ). - Zakat is a Financial Worship. - Zakat is a Believe. - Zakat is Compulsory to Muslims. - Zakat is Due to an assigned Receivers.

12 - Zakat is Annuity, except Zakat on Plants and Fruits, and on Rakaz. and Fruits, and on Rakaz. - No Zakat until Wealth exceeds Nisab - No Duality in Zakat. - Zakat affairs are the Responsibility of Government. of Government.

13 - Due Zakat does not obsolete. - Zakat is Obligatory to Muslims any where in the world. where in the world. - - The Muslim who denies the Obligatory - of Zakat is a Non-believer ( Kafir), - and who refuses to pay it, is a Disobeyer. - -

14 Zakat and Tax Differences -Zakat is a financial Worship,and a pillar of Islamic Religion, but Tax is imposed by the Government by Low ragardless to Religion. to Religion. - Zakat is based on Religious and Ethical Values,but Tax mostly ignores such Values,but Tax mostly ignores such Values and based on monetary factors.- Values and based on monetary factors.-

15 - Zakat is calculated according to Fiqh Rules, but Tax is calculated according to Governmental Rules. - Zakat is calculated according to Fiqh Rules, but Tax is calculated according to Governmental Rules. -

16 - - Zakatable wealth is gained from Good and Halal Sources, but Tax Revenues and Incomes may be earned from Non-Halal and Worse Sources from the sight of Islam Rules.

17 - Zakat Rules are stable and permanent - Zakat Rules are stable and permanent for each Time and place because they for each Time and place because they excreted from Quran and Sunnah,while excreted from Quran and Sunnah,while Tax Rules are variable. Tax Rules are variable. - Zakat purifies soul and money,while - Zakat purifies soul and money,while Tax does not. Tax does not.

18 Accordingly,: Tax is not a Zakat Tax is not a Zakat Zakat is not a Tax Zakat is not a Tax

19 Chapter Two Zakat Accounting Rules

20 Zakat Accounting Meaning It mans the calculation, reviewing and announcing of Zakat on money.It is governed by a group of Accounting rules, extracted from the sources of Islamic Shari’ah,

21 Zakat Accounting Objectives They are as follow: They are as follow: - Determining the Zakat Base. - Determining the Zakat Base. - Calculating the Due amount of Zakat. - Calculating the Due amount of Zakat. - Preparing Zakat Statements and Reports. - Preparing Zakat Statements and Reports. - Distributing Due Zakat amongst - Distributing Due Zakat amongst its Duers. its Duers.

22 ZAKAT ACCOUNTING RULES ( PRINCIPLES ) Zakat Accounting Rules are as Follow: Zakat Accounting Rules are as Follow:

23 Zakat is calculated according to the lunar year. Counting starts when the amount of money attains the Nisab (the minimum amount on which Zakat should be paid). This includes all kinds of Zakat except Zakat on agriculture, fruits, mineral assets and Rikaz (metals found in the earth). 1. The Lunar Year

24 2. Independence of each Year:. Each Zakat year is an independent one, and Zakat on a given amount of money should not be more than once in the same year. Duality should be avoided. The Prophet (Peace be upon him) said: “No duality in Zakat giving”.

25 3 Actual or Assumed Growth: Actual or assumed growth of an amount of money is a condition for any Zakat is to be given from this money. Therefore, Zakat is not due on fixed assets or things for personal use. This is because the condition of actual or assumed growth would not be met. Actual or assumed growth of an amount of money is a condition for any Zakat is to be given from this money. Therefore, Zakat is not due on fixed assets or things for personal use. This is because the condition of actual or assumed growth would not be met.

26 4. Zakat Base should reach Nisab Zakat is due on money which is abounding (more than basic needs). No Zakat is due for little amounts of money. The amount of money should reach the Nisab. This guarantees that only those who have the capacity of paying will be obliged to pay.

27 5. Calculating Zakat on the Total or Net Zakatable Money For every kind of money or activity there is a rule for calculation Zakat which is due on it. Some are calculated in relation to the total amount and others are calculated in relation to the net amount ( Property).

28 6. Grouping Money of the Same kinds together as Zakatable Base: It is permissible to group cash money of wealth to cash money available from offers of commerce and other gained cash money, so that for all these monies there would be one Nisab and one Zakat Year.

29 7. Evaluating Zakatable Money according to the Current value. Evaluating cash money of wealth and cash money from offers of commerce to define the due Zakat should be according to the current value at the time of paying Zakat. They should not be evaluated according to the historic value, cost or market, whichever is less.

30 Equations of calculating Zakat They are as follows :

31 1. 1. Receptacle of Zakat = Zakat Base = Zakatable Money ( Assets),( Less ) - Zakatable Liabilities which are due to be p aid at the moment.

32 2. Zakatable Money( Assets )= Assets which meet the conditions of obligatory Zakat. 3. Zakatable Liabilities = which are due in short time. 4. Due Zakat = Zakat Base By Zakat Rate

33 Conditions of Zakatable Money They are as follows: a. It should be a full ownership. b. It should be Growing actually or assumed

34 c. The completion of one Lunar Year except for Zakat on agriculture, fruits, mineral wealth or Rikaz in earth. c. The completion of one Lunar Year except for Zakat on agriculture, fruits, mineral wealth or Rikaz in earth.

35 d. Not other kind of Zakat has been paid on the same Zakatable Money within the same year. e. Zakatable Money should exceeds Basic Needs.

36 f. Zakatable Money should not include a Debt which is due at the time.(short term Debts) g. Zakatabe Base should reach the (Nisab).

37 Conditions of Zakatable Liabilities They are Short Term Liabilities which are due payment according to the following conditions : a. a. Liabilities should be related b. b. to the activity.

38 b. Liabilities should be due payment during the coming year. c. Liabilities should be legally permissible.

39 Nisab = the minimum amount of Due Zakat It is equal to It is equal to 85 grams of pure gold. A gram should be evaluated according to current prices at the time of paying Zakat in the country in which the original money is located.

40 The Amount of Due Zakat When Zakat Base money once reaches the Nisab, the Due Zakat is calcuated as follow : Zakat Base x the price of Zakat.

41 The Price of Zakat = Zakat Rate It varies according to the kind of money and activity. It ranges between 2.5% and 20% of Zakatable Base.

42 Executive Procedures for Calculating Zakat Executive Procedures for Calculating Zakat

43 Steps of Calculating Zakat ( Zakat Accounting Procedures )

44 Zakat should be calculated according to the following steps: Zakat should be calculated according to the following steps: 1. Defining the date completion the Lunar year. This date varies according to the circumstances of the Zakat giver ( Payer).

45 With the exception of Zakat on agriculture, fruits, minerals and minerals in the earth. In these cases Zakat should given at time of harvest or the acquisition of the minerals.

46 In the case of defending the Lunar year for the first time, the date of beginning and the date of completing should be defined according to the date of reaching the Nisab amount. In the case of defending the Lunar year for the first time, the date of beginning and the date of completing should be defined according to the date of reaching the Nisab amount.

47 2. Different Monies owned by the Zakat Payer should be assessed at the end of year according to the rules of Zakat. the end of year according to the rules of Zakat. From this money it should be defined on which Zakat must be given. They are called Zakatable Money ( Assets). From this money it should be defined on which Zakat must be given. They are called Zakatable Money ( Assets).

48 3. Assessment of Taxable Liabilities (deductions) which are due to be deducted from Zakatable money according to the rules of Zakat. 3. Assessment of Taxable Liabilities (deductions) which are due to be deducted from Zakatable money according to the rules of Zakat.

49 4. Defining the receptacle of Zakat ( Zakat Base ) by the deduction of Due Liabilities from Zakatable Money by the following equation. 4. Defining the receptacle of Zakat ( Zakat Base ) by the deduction of Due Liabilities from Zakatable Money by the following equation. The receptacle of Zakat ( Zakat Base ) = Zakatable Money – Due Liabilities. Zakatable Money – Due Liabilities.

50 5- Calculating the Nisab as mentioned before. Each kind of Zakat has a special Nisab. before. Each kind of Zakat has a special Nisab.

51 6. A comparison should made between the Zakat Base, defined in step 4 above, with Nisab defined in step 5. So as to know whether Zakat is due or not. If the Zakat Base has reached the amount of Nisab, then Zakat would be Due.

52 7. Define the amount which should be taken from the receptacle of Zakat ( Zakat Base ), it is as a Percentage %, it is culled the Price of Zakat, It varies from 2,5% to 20% of It varies from 2,5% to 20% of Zakat Base Zakat Base

53 8. Calculating the amount of Zakat by multiplying the amount of the receptacle by the amount of the price (or percentage) of Zakat. The result should be the amount of due Zakat.

54 9. Define who pays the due Zakat a follow : follow : a. For individuals and personal establishments: The individuals or the owner should pay the due Zakat.

55 b. For partnership: The amount of the due Zakat should be divided between the partners, each according to the percentage ofhis share in the capital of partnership. The amount of the due Zakat should be divided between the partners, each according to the percentage ofhis share in the capital of partnership.

56 c. For investment companies: The amount of the due Zakat should be divided on the number of shares to know the amount of Zakat due on each share. Each investor should then pay Zakat according to his ownership of shares. The amount of the due Zakat should be divided on the number of shares to know the amount of Zakat due on each share. Each investor should then pay Zakat according to his ownership of shares.

57 d. For partnerships of labor and capital (mudarabah Sahr ’ iyyah) : The laborer (Mudarib) pay Zakat according to his share of profits. Whereas the financier (Mumawwil) should pay Zakat on the capital and the profit less the laborer ’ s share. d. For partnerships of labor and capital (mudarabah Sahr ’ iyyah) : The laborer (Mudarib) pay Zakat according to his share of profits. Whereas the financier (Mumawwil) should pay Zakat on the capital and the profit less the laborer ’ s share.

58 10. Zakat Amount should be distributed according to its duers in the light of the rules of Islamic Law (Shari ’ ah). 10. Zakat Amount should be distributed according to its duers in the light of the rules of Islamic Law (Shari ’ ah).

59 It is permissible to give Zakat to institutes or committees of Zakat to redirect the funds in their due activities and persons according to Islamic Law (Shari ’ ah). It is permissible to give Zakat to institutes or committees of Zakat to redirect the funds in their due activities and persons according to Islamic Law (Shari ’ ah).

60 Zakat Duers Zakat Duers Zakat Funds should be spent as mentioned in the Holy Quran:

61 يقول الله سبحانه وتعالي : ” إنما الصدقات للفقراء و المساكين والعـاملين عليها و المؤلفــة قلوبهم وفـــــي الرقـاب و الغارمين وفي سبيل الله وابن السبيل فريضة من الله والله عليم حكيم ” ( سورة التوبة : 60 )

62 “ Zakat are for the Poor, and the Needly,and Those Employed to administer the funds, for those whose hearts have been recently reconciled to Truth, for those in Bondage and in Debt, In the cause of Allah, and the Wayfarer, Ordained by Allah, and Allah is full of knowledge and Wisdom. “ ( Al Tawbah -60 )

63 The Duers of Zakat as mentioned in this The Duers of Zakat as mentioned in this Verse are as f0llow : 1. The poor. 2. The needy people. 3. Those employed to administer the Funds.

64 4. Those whose hearts have been recently reconciled to Truth 5. Those in Bondage.

65 6. Those in Debt. 7. In the cause of Allah. 8. The wayfarers. We well discuss this in more We well discuss this in more detail in chapter four detail in chapter four

66 Zakat Accounting Zakat Accounting Tools and Methods

67 In order to calculate Zakat on money, an accountant needs the following tools and methods: 1. General Balance Sheet (Financial Position) made on the date of calculating Zakat. 1. General Balance Sheet (Financial Position) made on the date of calculating Zakat. 2. Final Accounts for the ended year, on which Zakat is to be calculated. 2. Final Accounts for the ended year, on which Zakat is to be calculated.

68 3. Clarifications concerning the Balance Sheet and the final accounts, such as: - Current value of Zakatable assets. - Current value of Zakatable assets. - Bad and good debts to be baid. - Bad and good debts to be baid. - Bad and good debts to be collected. - Bad and good debts to be collected.

69 - Revenue from fixed assets which are for collecting or for investment. - Revenue from fixed assets which are for collecting or for investment. - And other necessary clarifications concerning calculating Zakat. - And other necessary clarifications concerning calculating Zakat.

70 4. The price of Gold at the time when paying Zakat is due, in order to calculate the Nisab 4. The price of Gold at the time when paying Zakat is due, in order to calculate the Nisab 5. Different Monies possessed by the Zakat giver should be grouped if they are of the same kind. 5. Different Monies possessed by the Zakat giver should be grouped if they are of the same kind.

71 6.Different contemporary Fatwas concerning Zakat. concerning Zakat. 7. The guide for calculating Zakat. 8. Other accounting tools and methods which may be useful for calculating Zakat.

72 The diagram in the following summarizes the procedure for calculating Zakat on money. The diagram in the following summarizes the procedure for calculating Zakat on money.

73 Diagram for calculating Zakat Starting Point Starting Point (1) (1)(2) Prepare the general Balance Sheet and clarifications on it Define and assess the Zakat assets

74 (3)(4)(5) Define and assess liabilities which must be met Define the receptacle of Zakat by deducing (3) from (2)(Zakat Base ) Define the Nisab according to the price of gold

75 (6)(7)(8) Compare the receptacle of Zakat with the Nisab Calculate the Due Zakat if the receptacle reaches the Nisab The Due Zakat = Zakat Base By Zakat Rate

76 Third Chapter Zakat Accounting Statements ( Forms)

77 This chapter includes a number This chapter includes a number of simplified accounting Statements to calculate Zakat on money and other activities in the light of information mentioned in the previous chapters. of simplified accounting Statements to calculate Zakat on money and other activities in the light of information mentioned in the previous chapters.

78 These statements are meant to be used as a guide for accountants when assessing the receptacle of Zakat, and when advising the Zakat giver, whether he is an owner of a personal establishment or a partner with others in a private company or a share holder in an investment company. These statements are meant to be used as a guide for accountants when assessing the receptacle of Zakat, and when advising the Zakat giver, whether he is an owner of a personal establishment or a partner with others in a private company or a share holder in an investment company.

79 The Statements are as follows: 1. A Statement to calculate Zakat on wealth in cash. 2. A Statement to calculate Zakat on Commerce and Industrial Wealth. 2. A Statement to calculate Zakat on Commerce and Industrial Wealth.

80 3. A Statement to calculate Zakat on Plants and Fruits. 4. A Statement to calculate Zakat on Cattle.

81 5. A Statement to calculate Zakat on mineral and marine wealth, and minerals in the earth. 6. A Statement to calculate Zakat on Revenues from Investment in Fixed Assets.

82 7. A Statement to calculate Zakat on revenue from Labor. 8. A Statement to calculate Zakat on revenue from Freelance Work.

83 (1) Zakat Accounting Statements on Cash wealth ) زكاة الثروة النقدية ) (1) Zakat Accounting Statements on Cash wealth ) زكاة الثروة النقدية )

84 Zakat on cash wealth includes: Banknotes, Coins, Silver, Gold Money as well as Ingots of gold, Current Accounts in Banks and Investment Accounts in Banks and Investments in Shares and Bonds and Like Investments.

85 The Nisab for cash wealth is 85 grams of pure gold, or its equivalent in cash, or 595 grams of pure silver. The Islamic Commission for Research has recommended to use the Nisab in gold. The Nisab for cash wealth is 85 grams of pure gold, or its equivalent in cash, or 595 grams of pure silver. The Islamic Commission for Research has recommended to use the Nisab in gold.

86 The Zakat Rate on Cash Wealth is 2.5% The Amount of Due Zakat= The Amount of Due Zakat= Zakat Base by Zakat Rate Zakat Base by Zakat Rate

87 The calculation steps are as follows: The calculation steps are as follows: a. Define the time when the Zakat is due (Al-Hawl), which starts from the time when the amount of money reaches Nisab. a. Define the time when the Zakat is due (Al-Hawl), which starts from the time when the amount of money reaches Nisab.

88 b. Define all items of Cash Wealth, on which Zakat must be paid (Zakatable Money). b. Define all items of Cash Wealth, on which Zakat must be paid (Zakatable Money). c. Asset all items of cash wealth according to market value at the time when Zakat is due. c. Asset all items of cash wealth according to market value at the time when Zakat is due.

89 d. Deduct all Liabilities on the Zakat giver from his cash wealth so that to know the receptacle of Zakat.( Zakat Base ). d. Deduct all Liabilities on the Zakat giver from his cash wealth so that to know the receptacle of Zakat.( Zakat Base ).

90 e. Compare between the receptacle of Zakat and the Nisab, which is equivalent to 85 grams of gold according to the market value. If the receptacle reaches the Nisab, then Zakat is due to be paid.

91 f. Calculate the amount of Zakat by multiplying the receptacle by the price of Zakat, which is 2.5%. f. Calculate the amount of Zakat by multiplying the receptacle by the price of Zakat, which is 2.5%. The following statement shows an example of calculating Zakat on cash wealth: The following statement shows an example of calculating Zakat on cash wealth:

92 Zakat Statement on Cash Wealth for the year ended / / Total Total Sub- total Sub- totalItem ****** * Elements of cash wealth: - Saudi ryal - American Dollar (after assessing according to market price) - Gold and silver monies (after defining weight or number)

93 Zakat Statement on Cash Wealth for the year ended / / (Continue) Zakat Statement on Cash Wealth for the year ended / / (Continue) Total Sub- total Sub- totalItem ********** - Pound Sterling (after assessing according to market price) - Ingots of gold and silver (after defining weight) - Investment bonds (after assessing according to market price) - Jewelry for investment (after assessing according to market price) - Jewelry which exceeds the amount normally used for beautification.

94 Zakat Statement 0n Cash Wealth for the year ended / / (Continue) Zakat Statement 0n Cash Wealth for the year ended / / (Continue) Total Sub- total Sub- totalItem ************ *Total Zakat cash money Deduced: Debts which must be paid now by the Zakat giver (if any) * Cash wealth Zakat Receptacle Compare with the Nisab (the equivalent to 85 grams of gold) if receptacle reaches the Nisab, then Zakat should be calculated as follows: Compare with the Nisab (the equivalent to 85 grams of gold) if receptacle reaches the Nisab, then Zakat should be calculated as follows: * Amount of Zakat = * Amount of Zakat = Zakat receptacle x 2.5% = … Zakat receptacle x 2.5% = …

95 (2) Accounting Zakat Statements on Trading and Industrial Wealth ( زكاة عروض التجارة والصناعة ) (2) Accounting Zakat Statements on Trading and Industrial Wealth ( زكاة عروض التجارة والصناعة )

96 This Zakat is imposed on Wealth for Trading which is to be bought or sold with the intention of Trading to earn a profit.

97 Goods (properties ) for acquisition and personal use and not for selling or trade are not Zakatable. No Zakat, therefore, are due on them, as they are not added to Zakat Base Goods (properties ) for acquisition and personal use and not for selling or trade are not Zakatable. No Zakat, therefore, are due on them, as they are not added to Zakat Base such as : such as : Fixed Assets and Personal Assets for use. Personal Assets for use.

98 The definition of receptacle of Zakat (Zakat Base ) on Wealth for trading and calculating their amount should be done according to the following steps: The definition of receptacle of Zakat (Zakat Base ) on Wealth for trading and calculating their amount should be done according to the following steps:

99 a) Define the end of the Zakat year. Which may be the same date as the end of the financial year for an establishment or a company. a) Define the end of the Zakat year. Which may be the same date as the end of the financial year for an establishment or a company. b) Define and assess the elements of Zakat such as goods, duties, documents of payment, investments in stock for trading and cash in banks and cash in safe..etc.

100 c) Define and assess the elements of immediate current liabilities which are due for payment from the Zakatable Wealth. c) Define and assess the elements of immediate current liabilities which are due for payment from the Zakatable Wealth. d) Define the Receptacle of Zakat ( Zakat Base ) by deducing the current liabilities (item c) from the Zakat assets (item b) and add any earned money (if applicable).

101 e) Define the amount of the Nisab, which is the equivalent to 85 grams of gold, and then compare with the receptacle of Zakat f) Calculate the amount of Zakat. If the receptacle reaches the Nisab, Zakat should be calculated as 2.5% in the case of a lunar year, and 2.577% in the case of a solar year. f) Calculate the amount of Zakat. If the receptacle reaches the Nisab, Zakat should be calculated as 2.5% in the case of a lunar year, and 2.577% in the case of a solar year.

102 The following statement shows a form for calculating Zakat on Trading Wealth and the question of other trading activities such as industrial activity: The following statement shows a form for calculating Zakat on Trading Wealth and the question of other trading activities such as industrial activity:

103 Zakat Statement on Trading and Industry Wealth for the year ended / / Total Sub- total Sub- totalItem ************** * Zakatable Wealth for trading : such as: - Goods for Trading - Duties / documents of payment - Investments for trade. - Cash in banks. - Cash in safe.

104 Zakat Statement onTrading and Industry Wealth for the year ended / / Total Sub- total Sub- totalItem ************ * Deduced: Short Term Liabilities: such as: - Debtors / documents of payment - (to be paid). - Suppliers. - Loans due. - Other Short Term Liabilities.

105 Zakat Statement onTrading and Industry Wealth for the year ended / / (Continue) Zakat Statement onTrading and Industry Wealth for the year ended / / (Continue) Total Sub- total Sub- totalItem ************ * Net Zakat Wealth for Trade Added: Earned money (if any). *The receptacle of Zakat on wealth for trade.( Zakat Base ) Compare with the Nisab (the equivalent to 85 grams of gold) if the Zakat Base reaches the Nisab, Zakat should be calculated as follows: Compare with the Nisab (the equivalent to 85 grams of gold) if the Zakat Base reaches the Nisab, Zakat should be calculated as follows: * Amount of Due Zakat = * Amount of Due Zakat = Zakat Base x 2.5% = … Zakat Base x 2.5% = …

106 (3) Zakat Accounting Statement on Plants and fruits ) زكاة الزروع والثمار )

107 What is meant by agriculture is anything which comes out of the earth and is planted by seeds, from which man, animal and bird feed. And, by fruits everything which trees carry which is to be eaten. What is meant by agriculture is anything which comes out of the earth and is planted by seeds, from which man, animal and bird feed. And, by fruits everything which trees carry which is to be eaten.

108 Zakat on agriculture and fruits are due at the time of harvest or collecting, according to Allah ’ s instruction: Zakat on agriculture and fruits are due at the time of harvest or collecting, according to Allah ’ s instruction: قال الله تبارك و تعالي : ( وآتوا حقه يوم حصاده ) “… but render the dues that are proper on the day that harvest is gathered ” “… but render the dues that are proper on the day that harvest is gathered ” (Al-An ’ am, or Cattle, 141) (Al-An ’ am, or Cattle, 141)

109 Therefore, if an area of land produces more then one crop within the year, its owner should render zakat on each crop separately. Therefore, if an area of land produces more then one crop within the year, its owner should render zakat on each crop separately.

110 The following are steps of Calculating the Zakat of Zakat on agriculture and fruits and calculating their Due amounts:

111 a) Measure the total production of the land either by production quantity or cash. b) Define the expenses on the production, if the opinion adopted is that which says that expenses should be deduced as far as they do not exceed the third, which is the opinion of the Sixth Fiqh Seminar of Barakah.

112 c) Define the Zakat Base by deducing (item b) from the (item c). d) Define the amount of the Nisab, which is equivalent to 5 Awsaq, or the equvalent to 50 Egyptian Kaylah, or 653 kg of wheat d) Define the Zakat Rate according to the Method of Watering, 5% or 10%.

113 e) Calculate the amount of Zakat as follows: - In the case of watering by cost: Amount of Zakat = Amount of Zakat = Zakat Base x 5% = …… - In the case of watering without cost: Amount of Zakat = Amount of Zakat = Zakat Base x 10% = ……

114 The following statement shows a form for calculating Zakat on Plants and fruits: The following statement shows a form for calculating Zakat on Plants and fruits:

115 Zakat Statement on Plants and fruits for the crop …… Total Sub- total Sub- totalItem ****************** * The value of the crop: - Deduced: - The expenses of farming (with the condition that they do not exceed one third of the value of the crop). - The cost of farming. - Governmental taxes. - Other expenses related to the crop. Net value of the crop. Deduced: Currently due debts (if any).

116 Zakat Statement on Plants and Fruits for the crop …… (Continue) Total Sub- total Sub- totalItem *** * Zakat Base of Plants and fruits. Compare with the Nisab, the value of which is 5 Awsaq or their equivalent. if the Zakat Base reaches the Nisab, Zakat should be calculated as follows: Compare with the Nisab, the value of which is 5 Awsaq or their equivalent. if the Zakat Base reaches the Nisab, Zakat should be calculated as follows: Amount of Due Zakat: * in the case of watering by cost: * in the case of watering by cost: Zakat Base x 5% = … * in the case of watering without cost: * in the case of watering without cost: Zakat Base x 10% = … * The amount of Zakat should be taken from the crop.

117 (4) An Accounting Statement for Zakat on Cattle ) زكاة الأنعام )

118 What is meant by cattle is camels, cows, sheep. Zakat is due on them only if they are bred for multiplication on cattle differs according to the kind of species. For camels it is five, for sheep it is forty, whereas for cows it is thirty. One should refer to Fikh books for more details. What is meant by cattle is camels, cows, sheep. Zakat is due on them only if they are bred for multiplication on cattle differs according to the kind of species. For camels it is five, for sheep it is forty, whereas for cows it is thirty. One should refer to Fikh books for more details.

119 The following steps should be followed to assess the receptacle of Zakat on cattle and to calculate its value at the end of the year: The following steps should be followed to assess the receptacle of Zakat on cattle and to calculate its value at the end of the year:

120 a) Define the number of cattle, deducing the working animals and the ones ready for trade (for which there is a different way of calculating Zakat.

121 b) Compare the number with Nisab. If it is less than the Nisab, then no Zakat is due. c) Define which category the number falls into, in order to define the amount of due Zakat.

122 d) Define the Zakat due according to tables in Fiqh books. We include on next Slide a form for calculating the Zakat on cattle. We include on next Slide a form for calculating the Zakat on cattle.

123 Zakat Statement on Cattle for the year ended / / SheepCowsCamelsItem ********** * The total amount of cattle: Deduced: Deduced: - Working animals (exempted). - - Animals prepared for trade - (there is a different system of calculating their Zakat). * The receptacle for Zakat on cattle.

124 Zakat Statement on Cattle for the year ended / / SheepCowsCamelsItem ********* The receptacle for Zakat on cattle. The receptacle for Zakat on cattle. * Compare with the Nisab (5 camels, 30 cows, 40 sheep), if the receptacle reaches the Nisab: * Compare with the Nisab (5 camels, 30 cows, 40 sheep), if the receptacle reaches the Nisab: * Calculate the amount of Zakat according to the relevant schedules.

125 (5) An Accounting Statement for Zakat on mineral and marine wealth and minerals in the earth ( زكاة الركاز والمعادن )

126 Mineral and marine wealth include anything of value which is brought out from the earth or the bottom of rivers, seas or oceans. Minerals in earth (Rikaz) are treasures which are buried in the earth. Mineral and marine wealth include anything of value which is brought out from the earth or the bottom of rivers, seas or oceans. Minerals in earth (Rikaz) are treasures which are buried in the earth.

127 The Nisab for minerals and marine wealth is the same as the Nisab for cash wealth, i.e., the equivalent to 85 grams of gold. On the other hand, Zakat is due on minerals in the earth regardless of their quantity. For both categories there is no need to wait until a year ends. The Nisab for minerals and marine wealth is the same as the Nisab for cash wealth, i.e., the equivalent to 85 grams of gold. On the other hand, Zakat is due on minerals in the earth regardless of their quantity. For both categories there is no need to wait until a year ends.

128 The following steps are for defining the receptacle of Zakat on minerals and marine wealth: The following steps are for defining the receptacle of Zakat on minerals and marine wealth:

129 a) Define the net production from the earth or sea, on which Zakat must be paid. a) Define the net production from the earth or sea, on which Zakat must be paid. b) Compare the net production with the Nisab (the equivalent to 85 grams of gold) in the case of mineral wealth. For Rikaz there is no Nisab.

130 c) Calculate the amount of Zakat, if the receptacle reaches the Nisab, the basis of 2.5% for minerals and 20% for Rikaz. We include on next slide a form for calculating the Zakat on mineral and marine wealth. We include on next slide a form for calculating the Zakat on mineral and marine wealth.

131 Zakat Statement on mineral wealth for operation number …… dated on …… Total Sub- total Sub- totalItem ****** * Net value of mineral and marine wealth:* - Net value of mineral wealth. - Net value of mineral wealth. - Net value of marine wealth. - Net value of marine wealth. Net value of mineral and marine wealth.

132 Zakat Stateent on mineral wealth for operation number …… dated on …… (Continue) Total Sub- total Sub- totalItem ** Net value of mineral and marine wealth. Compare the Nisab (85 grams of gold) with the receptacle of Zakat. If the receptacle reaches the Nisab, then Zakat should be calculated as follows: Compare the Nisab (85 grams of gold) with the receptacle of Zakat. If the receptacle reaches the Nisab, then Zakat should be calculated as follows: * Amount of Zakat = * Amount of Zakat = Zakat Base x 2.5% =

133 * Zakat on mineral and marine wealth after the completion of production sorting, purification or cleaning and preparation for sale. * Zakat on mineral and marine wealth after the completion of production sorting, purification or cleaning and preparation for sale. Machinery, manpower and other expenses of production are not be deduced. Machinery, manpower and other expenses of production are not be deduced.

134 6 An Accounting Statement for Zakat on revenue of Fixed Assets ( زكاة المستغلات )

135 It is a Zakat on revenue from investing Fixed Assets reoccurring, such as real estate, cars and others. It is a Zakat on revenue from investing Fixed Assets reoccurring, such as real estate, cars and others.

136 No Zakat is due on the actual assets because they are of the same category as assets obtained for establishments (fixed assets). Zakat, however is due on their revenue once these revenues reach the Nisab, after deducing actually paid expenses and debts which are currently due. No Zakat is due on the actual assets because they are of the same category as assets obtained for establishments (fixed assets). Zakat, however is due on their revenue once these revenues reach the Nisab, after deducing actually paid expenses and debts which are currently due.

137 Receptacle of Zakat on investment assets is calculated by deducing actually paid expenses and debts which are currently due from revenue Receptacle of Zakat on investment assets is calculated by deducing actually paid expenses and debts which are currently due from revenue Due Zakat is calculated according Due Zakat is calculated according to the following steps : to the following steps :

138 a) Define the total annual revenue at the end of year. a) Define the total annual revenue at the end of year. b) Define all expenses of getting the revenue. b) Define all expenses of getting the revenue.

139 c) Deduce expenses which are actually paid from the total revenue to define the net revenue, on which Zakat must be paid.

140 d) Deduce currently due debts which the Zakat giver must pay and also the cost of original matters, if they were not deduced from any other receptacle of Zakat.

141 e) The net of all the above should be added to any cash and trade goods owned by the Zakat giver and on which no Zakat is paid at the end of the year to ascertain the receptacle.(Zakat Base ).

142 f) Compare receptacle (e) with the Nisab, which is the equivalent to 85 grams of gold. If the receptacle reaches the Nisab, then Zakat should be calculated on the basis of 2.5%, which is the chosen opinion for the present guide. f) Compare receptacle (e) with the Nisab, which is the equivalent to 85 grams of gold. If the receptacle reaches the Nisab, then Zakat should be calculated on the basis of 2.5%, which is the chosen opinion for the present guide.

143 The Following is a Statement for Zakat on Revenue from Investment Fixed Assets The Following is a Statement for Zakat on Revenue from Investment Fixed Assets

144 Zakat Statement on Revenue from Fixed Assets in the year which is ending / / (Continue) Total Sub- total Sub- totalItem *** ** ****** * Total annual revenue * Deduce: - Costs of and expenses which are related to the revenue and which are actually paid.

145 Zakat Statement on Revenue from Investment Fixed Assets in the year which is ending / / (Continue) Total Sub- total Sub- totalItem *********** * Deduce: - The expenses of the original matter which is actually paid. - Debts which are due currently. Receptacle of Zakat on revenue from investment assets( Zakat Base )

146 Zakat Statement on Revenue from Investment Fixed Assets in the year which is ending / / (Continue) Total Sub- total Sub- totalItem ***** * Add cash, earned money, net of receptacle of trade if no Zakat is paid on them. Receptacle of Zakat ( Zakat Base ) Compare with the Nisab (the equivalent to 85 grams of gold) when receptacle reaches the Nisab, Zakat is as follows: Compare with the Nisab (the equivalent to 85 grams of gold) when receptacle reaches the Nisab, Zakat is as follows: The Amount of due Zakat = The Amount of due Zakat = Zakat Base x 2.5%

147 7. An Accounting Statement for Zakat on revenue from Work ( زكاة كسب العمل ) 7. An Accounting Statement for Zakat on revenue from Work ( زكاة كسب العمل )

148 This category includes wages, salaries, income from freelance work and won money. Zakat must paid on what remains of this money at the end of the year by adding it to other monies owned by the Zakat giver when calculating the Nisab and the Zakat year. This category includes wages, salaries, income from freelance work and won money. Zakat must paid on what remains of this money at the end of the year by adding it to other monies owned by the Zakat giver when calculating the Nisab and the Zakat year.

149 The following are the steps to define the receptacle of Zakat and to calculate what is due at the end of year: The following are the steps to define the receptacle of Zakat and to calculate what is due at the end of year:

150 a) Define what remains from the revenue at the end of the year after deducing what is actually paid from costs of basic needs and after paying outstanding debts, if there were any which were not deduced from other receptacles of Zakat.

151 b) Compare what remains in step (a) with the Nisab (85 grams of gold) to know whether Zakat is due or not. b) Compare what remains in step (a) with the Nisab (85 grams of gold) to know whether Zakat is due or not. c) Calculate the amount of Zakat if the receptacle reaches the Nisab, on the basis of 2.5%. c) Calculate the amount of Zakat if the receptacle reaches the Nisab, on the basis of 2.5%.

152 The Following is a Statement for calculating Zakat on revenue from work.

153 Zakat Statement on Revenue from Work in the year which is ending / / Total Sub- total Sub- totalItem *** *** ************* * Total Salary during the year * Total other revenues during the year * Deduce: - Costs of basic needs which are actually paid. - Costs of basic needs which are actually paid. - - Costs of acquiring the revenue which is actually paid. - Paid Debts. - Paid Debts.

154 Zakat Statement on Revenue from Work in the year which is ending / / (Continue) Total Sub- total Sub- totalItem ******** Net salary and other revenues * Add: Other cash monies (if there are any) on which no Zakat is paid. Receptacle Of Zakat( Zakat Base )

155 Zakat Statement on Revenue from Work in the year which is ending / / (Continue) Total Sub- total Sub- totalItem Compare with the Nisab (the equivalent to 85 grams of gold), If the receptacle reaches the Nisab, then Zakat is calculated as follows: Compare with the Nisab (the equivalent to 85 grams of gold), If the receptacle reaches the Nisab, then Zakat is calculated as follows: Amount of Zakat due = Amount of Zakat due = Zakat Base x 2.5% = …

156 (8) An Accounting Statement of Zakat on revenue from Freelance Professions ( زكاة المهن الحرة )

157 The following are the steps to define and measure the receptacle of Zakat on revenue from freelance professions:

158 a) The professional should define a date for ending the Zakat year, which may be the end of the financial year for example. a) The professional should define a date for ending the Zakat year, which may be the end of the financial year for example. b) Calculate all direct revenues from practicing the profession from the beginning to the end of the Zakat year.

159 c) Define expenses and costs which were actually spent in order to get the revenue from practicing the profession. c) Define expenses and costs which were actually spent in order to get the revenue from practicing the profession. d) Define the basic needs for the Zakat giver and his dependants which were actually spent during the year.

160 e) Define the debts which were paid by the Zakat giver during the year (if there were any). e) Define the debts which were paid by the Zakat giver during the year (if there were any). f) Define the receptacle of Zakat by deducing (b, c, d, e,) from (a). f) Define the receptacle of Zakat by deducing (b, c, d, e,) from (a).

161 g) Compare the receptacle from the previous step with the Nisab (85 grams of gold). h) Calculate the amount of Zakat if the receptacle reaches the Nisab on the basis of 2.5%. h) Calculate the amount of Zakat if the receptacle reaches the Nisab on the basis of 2.5%.

162 A Statement for calculating Zakat on revenue from freelance professions is on next slide. A form for calculating Zakat on revenue from freelance professions is on next slide.

163 Zakat Statement on Revenue from Freelance Professions in the year which is ending / / Total Sub- total Sub- totalItem ************ * Total revenues during the year * Deduce: - Costs of practicing the profession. - Costs of practicing the profession. - - Costs of basic needs of the Zakat giver and his dependants, which are actually paid. * Deduce: - Paid debts - Paid debts

164 Zakat Statement on Revenue from Freelance Professions in the year which is ending / / (Continue) Total Sub- total Sub- totalItem **** Receptacle of Zakat: ( Zakat Base) Compare with the Nisab (the equivalent to 85 grams of gold), If the receptacle reaches the Nisab, then the amount of Zakat is as follows: The Amount of Zakat due = The Amount of Zakat due = Zakat Base x 2.5% = …

165 CHAPTER FOUR ZAKAT DUERES MASARIF AL-ZAKAT

166 Zakat Duers in Quran للزكاة مصارف محددة من قِبَلَ الله عز وجل ، كما ورد فى قوله سبحانه وتعالى :  إِنَّمَـــــــا الصَّدَقَاتُ لِلْفُقَرَاءِ وَالْمَسَاكِينِ وَالْعَامِلِينَ عَلَيْهَا وَالْمُؤَلَّفَةِ قُلُوبُهُمْ وَفِي الرِّقَابِ وَالْغَارِمِينَ وَفِي سَبِيلِ اللَّهِ وَابْنِ السَّبِيلِ فَرِيضَةً مِّنَ اللَّهِ وَاللَّهُ عَلِيمٌ حَكِيمٌ  [ سورة التوبة : 60]. للزكاة مصارف محددة من قِبَلَ الله عز وجل ، كما ورد فى قوله سبحانه وتعالى :  إِنَّمَـــــــا الصَّدَقَاتُ لِلْفُقَرَاءِ وَالْمَسَاكِينِ وَالْعَامِلِينَ عَلَيْهَا وَالْمُؤَلَّفَةِ قُلُوبُهُمْ وَفِي الرِّقَابِ وَالْغَارِمِينَ وَفِي سَبِيلِ اللَّهِ وَابْنِ السَّبِيلِ فَرِيضَةً مِّنَ اللَّهِ وَاللَّهُ عَلِيمٌ حَكِيمٌ  [ سورة التوبة : 60].

167 “ Zakat are for the Poor, and the Needly,and Those Employed to administer the funds, for those whose hearts have been recently reconciled to Truth, for those in Bondage and in Debt, In the cause of Allah, and the Wayfarer, Ordained by Allah, and Allah is full of knowledge and Wisdom. “ ( Al Tawbah -60 )

168 Zakat Duers ( Masarif ) The Duers of Zakat as mentioned in the Holy Quran are as f0llow : The Duers of Zakat as mentioned in the Holy Quran are as f0llow : 1. The Poor.Those are under the standard of Living,i.e. They suffer in finding the of Living,i.e. They suffer in finding the essencials of basic live. essencials of basic live. 2. The Needy people: Those are under the normal standard of live. normal standard of live. 3. Those employed to administer the Funds.

169 Zakat Duers- cont. 4. Those whose hearts have Been recently reconciled to Truth and become Muslim. 5. Those in Bondage., such as to free Muslim Prisoners. Muslim Prisoners.

170 6. Those in Debt: such as those whom are Debaters and unable whom are Debaters and unable to pay their Debts. to pay their Debts. 7. In the cause of Allah: for Gihad to make the word of Allah is the to make the word of Allah is the Hiarer, and who Fight for Islam Hiarer, and who Fight for Islam

171 8- The Wayfarer : Travellers Whom their Money has been lost oir finished.

172 Zakat Duers in The Sunnah يقول رسول الله صلي الله عليه سلم : ”.... تؤخذ من أغنيائهم فترد إلي فقرائهم...“ ( مسلم ) ”.... تؤخذ من أغنيائهم فترد إلي فقرائهم...“ ( مسلم ) ” The Prophet ( PBUH. ) said : Take from the Rich among them and paid it to the Poor among them ….( related by Moslim) ” The Prophet ( PBUH. ) said : Take from the Rich among them and paid it to the Poor among them ….( related by Moslim)

173 Zakat Duers Rules Muslim Scholars have summarized the main Rules of Zakat Dures as follow : 1- The Poverty : those under Living Standard Standard 2- The Needy : those who need for satisfy the essentials of Living satisfy the essentials of Living

174 3- Zakat Funds should not be paid to rich people or to any person able to work. people or to any person able to work. 4- Zakat Funds should not be given to Relatives whom the Zakat payer is Relatives whom the Zakat payer is compulsory to spend, such as Parents compulsory to spend, such as Parents 5- It is permitted to transfer Zakat Funds from place to another for Poor Relatives. from place to another for Poor Relatives.

175 6- It is permitted to give Zakat Funds to 6- It is permitted to give Zakat Funds to the following : the following : * Poor Students * Poor Students * Poor Silly People * Poor Silly People * Poor Relatives * Poor Relatives * Poor Coming to Marriage * Poor Coming to Marriage * Poor Orphans * Poor Orphans

176 7- It is permitted for the Wife to give here 7- It is permitted for the Wife to give here Zakat Fund to here poor Husband Zakat Fund to here poor Husband and it is not permitted for the Husband and it is not permitted for the Husband to give his Wife his Zakat Fund. to give his Wife his Zakat Fund. 8- It is permitted to give Zakat Funds to 8- It is permitted to give Zakat Funds to Social and Religious Societies Social and Religious Societies

177 9- It is permitted to transfer Zakat Funds 9- It is permitted to transfer Zakat Funds to Mugahideen ( Holy Strugglers for to Mugahideen ( Holy Strugglers for the cause of Allah ) abroad. the cause of Allah ) abroad. 10-It is permitted to pay Zakat Funds to 10-It is permitted to pay Zakat Funds to Islamic Societies and Establishments which struggle against the Enemies of Islam. Islamic Societies and Establishments which struggle against the Enemies of Islam.

178 11- It is allowed to pay Zakat in Advance 11- It is allowed to pay Zakat in Advance but not permitted to delay it except there is a Legistrate Necessity. but not permitted to delay it except there is a Legistrate Necessity. 12- When you are intended to pay Zakat 12- When you are intended to pay Zakat you should to make Niyya and pray you should to make Niyya and pray Allah and Praise Him. Allah and Praise Him.

179

180

181 Finished و الحمد لله الذي بنعمته تتم الصالحات و الحمد لله الذي بنعمته تتم الصالحات Praise may be to Allah Praise may be to Allah

182 Zakat Accounting Glossary Compiled By Dr. Hussien Hussien Shehata Professor of Accounting ِ Al-Azhar University

183 الزكاة Zakat الزكاة Zakat قواعد ( أحكام ) الزكاة Zakat Rules قواعد ( أحكام ) الزكاة Zakat Rules مفاهيم الزكاة Zakat Concepts مفاهيم الزكاة Zakat Concepts أسس الزكاة Zakat Principles أسس الزكاة Zakat Principles وعاء الزكاة Zakat Base وعاء الزكاة Zakat Base نسبة ( معدل ) الزكاة Zakat Rate نسبة ( معدل ) الزكاة Zakat Rate نماذج الزكاة Zakat Forms نماذج الزكاة Zakat Forms قائمة الزكاة Zakat Statement قائمة الزكاة Zakat Statement مقدار الزكاة الواجبة Zakat Due مقدار الزكاة الواجبة Zakat Due

184 تقرير الزكاة Zakat Report تقرير الزكاة Zakat Report دافع الزكاة ( المزكي )Zakat Payer دافع الزكاة ( المزكي )Zakat Payer معدلات الزكاة Zakat Rates معدلات الزكاة Zakat Rates قانون الزكاة Zakat Law قانون الزكاة Zakat Law مقدار الزكاة Zakat Amount مقدار الزكاة Zakat Amount ثواب الزكاة Zakat Reward ثواب الزكاة Zakat Reward تحصيل الزكاة Zakat Collection تحصيل الزكاة Zakat Collection أداء الزكاة Zakat Payment أداء الزكاة Zakat Payment حصيلة الزكاة Zakat Receipts حصيلة الزكاة Zakat Receipts

185 دافع الزكاة Zakat Payers دافع الزكاة Zakat Payers مستحقي الزكاة Zakat Duers مستحقي الزكاة Zakat Duers المتهرب من الزكاة ( مانع الزكاة )Zakat Evaders المتهرب من الزكاة ( مانع الزكاة )Zakat Evaders منكر الزكاة ( جاحد الزكاة ) Zakat Denier منكر الزكاة ( جاحد الزكاة ) Zakat Denier العامل علي الزكاة Zakat Administrator العامل علي الزكاة Zakat Administrator مصلحة الزكاة Zakat Authority Unit مصلحة الزكاة Zakat Authority Unit مصلحة الزكاة Zakat Authority Agent مصلحة الزكاة Zakat Authority Agent مذكرة الزكاة Zakat Memorandum مذكرة الزكاة Zakat Memorandum فقهاء الزكاة Zakat Scholars فقهاء الزكاة Zakat Scholars

186 محاسبواالزكاة Zakat Accountants محاسبواالزكاة Zakat Accountants المراجع الشرعي للزكاة Zakat Shariah Auditor المراجع الشرعي للزكاة Zakat Shariah Auditor بطاقة الزكاة Zakat Card بطاقة الزكاة Zakat Card ملف الزكاة Zakat File ملف الزكاة Zakat File فترة الزكاة Zakat Period فترة الزكاة Zakat Period مؤشر الزكاة Zakat Index مؤشر الزكاة Zakat Index معايير الزكاة Zakat Standards معايير الزكاة Zakat Standards وعاء الزكاة Zakat Base وعاء الزكاة Zakat Base قوانين الزكاة Zakat Laws قوانين الزكاة Zakat Laws

187 نصاب الزكاة Zakat Nisab نصاب الزكاة Zakat Nisab الزكاة الواجبة Zakat Due الزكاة الواجبة Zakat Due معفى من الزكاة Free form Zakat معفى من الزكاة Free form Zakat زكاة مدفوعة مقدما Zakat Pre-paid زكاة مدفوعة مقدما Zakat Pre-paid زكاة مدفوعة مقدما Fore ward Zakat زكاة مدفوعة مقدما Fore ward Zakat زكوي ( صفة )Zakatable الوعاء الزكوي Zakatable Base زكوي ( صفة )Zakatable الوعاء الزكوي Zakatable Base الثروةالزكوية Zakatable Wealth الثروةالزكوية Zakatable Wealth المعدل الزكوي Zakatable Rate المعدل الزكوي Zakatable Rate

188 الايرادات الزكوية Zakatable Revenues الايرادات الزكوية Zakatable Revenues الملف الزكوي Zakatable File الملف الزكوي Zakatable File البطاقة الزكوية Zakatable Card البطاقة الزكوية Zakatable Card الخصومات الزكوية Zakatable Deductions الخصومات الزكوية Zakatable Deductions المسموحات الزكوية Zakatable Allowances المسموحات الزكوية Zakatable Allowances النصاب الزكوي Zakatabl Limit النصاب الزكوي Zakatabl Limit صافى الثروة الزكوية Zakatable Net Wealth صافى الثروة الزكوية Zakatable Net Wealth نظام الزكاة Zakat System نظام الزكاة Zakat System وحدات النظام الزكوي Zakat System Units وحدات النظام الزكوي Zakat System Units

189 أجزاء النظام الزكوي Zakat System Parts أجزاء النظام الزكوي Zakat System Parts زكاة المال Zakat on Money زكاة المال Zakat on Money الزكاة على الدخل Zakat on Income الزكاة على الدخل Zakat on Income الزكاة على الايرادات Zakat on Revenues الزكاة على الايرادات Zakat on Revenues الزكاة على الثروة النقدية Zakat on Cash Money الزكاة على الثروة النقدية Zakat on Cash Money الزكاة على الثروة التجارية Zakat on Commercial Wealth الزكاة على الثروة التجارية Zakat on Commercial Wealth الزكاة على الثروة الصناعية Zakat on Industrial Wealth الزكاة على الثروة الصناعية Zakat on Industrial Wealth الزكاة على الثروة العقارية Zakat on Real Estate Wealth الزكاة على الثروة العقارية Zakat on Real Estate Wealth زكاة الأنعام Zakat on Livestock زكاة الأنعام Zakat on Livestock زكاة الزروع والثمار Zakat on Plants and Fruits زكاة الزروع والثمار Zakat on Plants and Fruits

190 زكاة الأنعام Zakat on Livestock زكاة الأنعام Zakat on Livestock زكاة الزروع والثمار Zakat on Plants and Fruits زكاة الزروع والثمار Zakat on Plants and Fruits زكاة على المرتبات Zakat on Salaries زكاة على المرتبات Zakat on Salaries الزكاة على الاستثمارات العقارية الزكاة على الاستثمارات العقارية Zakat on Investment in Real Estate Properties Properties الزكاة على إيرادات العقارات المؤجرة الزكاة على إيرادات العقارات المؤجرة Zakat on Revenues From Real Zakat on Revenues From Real Estate Properties Estate Properties الزكاة على إيرادات المهن الحرة الزكاة على إيرادات المهن الحرة Zakat on Revenues from Non-Professional Activities

191 الزكاة علي الحلي Zakat on Jewelry الزكاة علي الحلي Zakat on Jewelry الزكاة علي الديون Zakat on Debts الزكاة علي الديون Zakat on Debts الزكاة علي الأسهم و السندات الزكاة علي الأسهم و السندات Zakat on Stocks and Bonds زكاة المستغلات Zakat Al-Mustaghalat زكاة المستغلات Zakat Al-Mustaghalat محاسب زكوي Zakat Accountant محاسب زكوي Zakat Accountant الدفاتر المحاسبية الزكوية Zakat Accounting Books الدفاتر المحاسبية الزكوية Zakat Accounting Books السجلات المحاسبية الزكوية السجلات المحاسبية الزكوية Zakat Accounting Records مفاهيم المحاسبة الزكوية مفاهيم المحاسبة الزكوية Zakat Accounting Concepts

192 تقارير المحاسبة الزكوية تقارير المحاسبة الزكوية Zakat Accounting Reports مبادئ المحاسبة الزكوية مبادئ المحاسبة الزكوية Zakat Accounting Principles إجراءات المحاسبة الزكوية إجراءات المحاسبة الزكوية Zakat Accounting Procedures جداول المحاسبة الزكوية جداول المحاسبة الزكوية Zakat Accounting Schedules قوائم المحاسبة الزكوية قوائم المحاسبة الزكوية Zakat Accounting Statements

193 عمليات المحاسبة الزكوية عمليات المحاسبة الزكوية Zakat Accounting Operations أساليب المحاسبة الزكوية أساليب المحاسبة الزكوية Zakat Accounting Techniques طرق المحاسبة الزكوية طرق المحاسبة الزكوية Zakat Accounting Methods فحص زكوي Zakat Investigations فحص زكوي Zakat Investigations تقييم / تقدير الزكاة Zakat Appraisal تقييم / تقدير الزكاة Zakat Appraisal تحديد الزكاة Zakat Determination تحديد الزكاة Zakat Determination تقدير الزكاة Zakat Assessment تقدير الزكاة Zakat Assessment قياس الزكاة Zakat Measurement قياس الزكاة Zakat Measurement

194 تخفيض الزكاة Zakat Reduction تخفيض الزكاة Zakat Reduction الافصاح الزكوي Zakat Declaration الافصاح الزكوي Zakat Declaration تقدير الزكاة Zakat Estimation تقدير الزكاة Zakat Estimation التقدير الحكمى للزكاة ( الخرص ) التقدير الحكمى للزكاة ( الخرص ) Zakat Subjective Evaluation تقدير الزكاة Zakat Judgment تقدير الزكاة Zakat Judgment قبول الزكاة Zakat Acception قبول الزكاة Zakat Acception تعديلات فى الاقرار الزكوي تعديلات فى الاقرار الزكوي Zakat Declaration Adjustments المراقب الزكوي Zakat Controller المراقب الزكوي Zakat Controller

195 المراجع ( المدقق ) الزكوي Zakat Auditor المراجع ( المدقق ) الزكوي Zakat Auditor الفاحص الزكوي Zakat Investigator الفاحص الزكوي Zakat Investigator الفاحص الزكوي Zakat Inspector الفاحص الزكوي Zakat Inspector التقرير السنوى الزكوي Zakat Annual Report التقرير السنوى الزكوي Zakat Annual Report الموقف الزكوي Zakat Position الموقف الزكوي Zakat Position النماذج الزكوية Zakat Forms النماذج الزكوية Zakat Forms التقرير الشرعي للزكاة Zakat Shariah Report التقرير الشرعي للزكاة Zakat Shariah Report مؤسسة الزكاة Zakat Establishment مؤسسة الزكاة Zakat Establishment بيت شؤون الزكاة Zakat Affairs House بيت شؤون الزكاة Zakat Affairs House

196 مستلمي الزكاة ( مستحقي ) Zakat Receivers مستلمي الزكاة ( مستحقي ) Zakat Receivers الهيئة الشرعية للزكاة الهيئة الشرعية للزكاة Zakat Shariah Authority Committee الفقيه الزكوي Zakat Scholar الفقيه الزكوي Zakat Scholar فقه الزكاة Zakat Fiqh فقه الزكاة Zakat Fiqh الزكاة في القرآن الكريم Zakat in Quran الزكاة في القرآن الكريم Zakat in Quran الزكاة في السنة Zakat in Al-Sunnah الزكاة في السنة Zakat in Al-Sunnah

197 Zakat Receivers مصارف الزكاة Zakat Receivers. مصارف الزكاة Zakat Receivers. مستحقي الزكاة Zakat Duers مستحقي الزكاة Zakat Duers الفقراء The Poor الفقراء The Poor المساكين The needy المساكين The needy العاملين عليها The Administer of Funds العاملين عليها The Administer of Funds المؤلفة قلوبهم Whose Hearts have been المؤلفة قلوبهم Whose Hearts have been reconciled to Truth reconciled to Truth

198 في الرقاب Those in Bondage في الرقاب Those in Bondage الغارمون Those in Debt الغارمون Those in Debt في سبيل الله In The Cause of Allah في سبيل الله In The Cause of Allah إبن السبيل Wayfarer إبن السبيل Wayfarer

199 القرآن الكريم The Holy Quran القرآن الكريم The Holy Quran الحديث الشريف Tradition الحديث الشريف Tradition آية من القرآن A Verse of the آية من القرآن A Verse of the حديث صحيح Correct Hadith حديث صحيح Correct Hadith الفقه الإسلامي Islamic Jurisprudence الفقه الإسلامي Islamic Jurisprudence الحلال Legitimate=Halal الحلال Legitimate=Halal الحرام Forbidden= Haram الحرام Forbidden= Haram

200 Finished Praise be to Allah الحمد لله الذي بنعمته تتم الصالحات


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