Question: Question 3 (20 Marks) a) b) Dr. Imran is a doctor. He runs his own clinic with his partner and at the same time become

Question 3 (20 Marks) a) b) Dr. Imran is a doctor.

Question 3 (20 Marks) a) b) Dr. Imran is a doctor. He runs his own clinic with his partner and at the same time become a panel doctor to a private hospital. What type of zakat he must pay? Explain. [4 Marks/ The obligation of zakat on gold is confirmed by the Qur'an, Sunnah and Ijma? Discuss about zakat on gold [4 Marks/ Discuss the zakat treatment for a person who buys non-shariah compliant shares but from permissible source. [4 Marks] Puan Normah has declared her total asset based on the value of gold as in the table below. (Note: Current Value of 24K gold is RM190.0 and 22K gold is RM180.00) c) d) No. Type of asset 1. Gold 2. Money Total weight Total (RM) Gold flakes (24K): 50g Broken gold bangle (22K): 5g Shariah compliant investment(24K): 10g Savings - Wadiah 3,000.00 Cash value takaful 3,000.00 Cooperative 1,000.00 Cash at home 900.00 Unit trust current value 7,500.00 3. Shares Required: Calculate the total zakatable amount for Puan Normah. 18 Marks] Question 3 (20 Marks) a) b) Dr. Imran is a doctor. He runs his own clinic with his partner and at the same time become a panel doctor to a private hospital. What type of zakat he must pay? Explain. [4 Marks/ The obligation of zakat on gold is confirmed by the Qur'an, Sunnah and Ijma? Discuss about zakat on gold [4 Marks/ Discuss the zakat treatment for a person who buys non-shariah compliant shares but from permissible source. [4 Marks] Puan Normah has declared her total asset based on the value of gold as in the table below. (Note: Current Value of 24K gold is RM190.0 and 22K gold is RM180.00) c) d) No. Type of asset 1. Gold 2. Money Total weight Total (RM) Gold flakes (24K): 50g Broken gold bangle (22K): 5g Shariah compliant investment(24K): 10g Savings - Wadiah 3,000.00 Cash value takaful 3,000.00 Cooperative 1,000.00 Cash at home 900.00 Unit trust current value 7,500.00 3. Shares Required: Calculate the total zakatable amount for Puan Normah. 18 Marks]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Help me please. In the month of September, all of the walmart grocery stores in Virginia sold 429,382 eggs. In that same month, all of the walmart grocery stores in Texas sold 283,054 eggs. How many...

CORLEY v. STATE DEPARTMENT OF HEALTH HOSPITALS (1999) Court of Appeal of Louisiana,Second Circuit. Sheila CORLEY, et al., Plaintiffs-Appellees, v. STATE of Louisiana, DEPARTMENT OF HEALTH &...

Case Study and Exhibit #2 please please help me answer all the questions to double check my work! THANK YOU! Background In the ClearEyes Cataracts Clinic Case, we are told that Dr. Julia Connors has...

Case study: Remedy Physiotherapy. I need help in drafting a marketing plan Names of people and businesses are disguised. Some aspects of the local area and the physiotherapy industry are simplified...

uetion1 OECD Health Statistics 2015 Definitions, Sources and Methods HEALTH STATUS (HEALTH_STAT) Access the dataset on Health Status in OECD.Stat:...

Question 1 The Jumbo Group restaurant chain launched its initial public offering (IPO) in October 2015. As a financial analyst of Tiger Investment Fund, your boss has requested for you to brief her...

4. Purchased 3 motor vehicles (double cabin pick-ups) to be used by the engineering staff at Shs 100 million. 5. Paid the local staff Shs 2 million and expatriate staff USD 100.000. The other...

Research Article Introduction Rates of opioid-related morbidity and mortality continue at epidemic levels. In 2016, an estimated 2.1 million people in the United States (McCance-Katz, 2018) and 26.8...

1 The Health Insurance Portability and Accountability Act protects patients' individually identifiable health information by A. prohibiting release of information by electronic means. B. requiring...

Identify and analyze the characteristics and competencies that made Patterson an excellent leader/entrepreneur for Klamath Care. CASE HISTORY/BACKGROUND Robert Patterson, Chief Executive Officer of...

DEF stock is trading in an auction market with partial fills permitted. Four investors submit bids to buy shares and four other investors respond with offers to sell their current shares as follows:...

The following graph shows three supply curves with varying degrees of price elasticity. Identify the perfectly elastic, perfectly inelastic, and unit elastic supply curves. Price Price Price Quantity...

true or falseGroup policies can only be managed via the GUI.

3. A good source for seeing the subtle differences between legal and illegal job interview questions is at the following job Web site: www.jobweb.com/Interview...

6. Conduct an in-depth information-gathering interview, and write a four-to fivepage report in which you summarize the information you received. Then comment on what you learned about the interview...

4. Assess your goals for employment, and then design (or revise) a rsum for the job that interests you the most. Use the guidelines in this chapter to make it clear and action-oriented. Prepare...