Business Zakat Accounting: Fiqhi Basis
The available zakat accounting standards as well as laws governing business zakat reflect a sort of consensus that adjusted net working capital of a business…
Category: Zakat Accounting
Business Zakat Accounting & Taxation in Malaysia
Unlike Saudi Arabia, Malaysia doesn’t have an integrated zakat and taxation system. Zakat management like all religious matters in Malaysia is the reponsibility of each…
Business Zakat Accounting & Taxation in Saudi Arabia
Saudi Arabia is one of the few countries in the world to have fully integrated zakat with income tax. It established the Department of Zakat and…