When calculating Zakah according to the lunar calendar, the following rate is used: a. 2.6% b. 2.5%

Question:

When calculating Zakah according to the lunar calendar, the following rate is used:

a. 2.6%

b. 2.5%

c. 2.5775%

d. 2.55%

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

ISBN: 9781032464022

1st Edition

Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik

Question Posted: