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Zakah Base

In the context of companies and businesses, it is the excess of zakatable assets over short-term liabilities. Zakatable assets are...

Net Invested Funds Method of Zakah Base Determination

The zakah base (receptacle) is typically determined by an Islamic bank by applying 2.5% for a lunar calendar year or...

Net Assets Method of Zakah Base Determination

The zakah base (receptacle) is typically determined by an Islamic bank by applying 2.5% for a lunar calendar year or...