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:
Answer rating: 100% (2 reviews)
Answered By
RITU RATHI
I am Ritu Rathi. I have done Master of science (Chemistry). I have always had a passion for tutoring. I believe that Tutors should be concerned about finding the most suitable method of delivering information to students, since each one has a different learning style, so it is important to create an individualized study plan for each student that best fits their method of learning and allows us to make the most of the tutoring experience. I like to teach Organic Chemistry as it is my favorite subject. My aim is to teach Organic Chemistry in simple and easy steps. I put a great effort into explaining concepts until they are well understood. I helped many students in their assignments. My teaching methodology is basically dependent upon breaking down a concept into several smaller ideas so that one can understand it in a better way. I always try to enhance student’s morale and attitude, giving them hope of improvement over the course of tutoring with me.
0.00
0 Reviews
10+ Question Solved
Related Book For
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:
Students also viewed these Business questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
answer all questions as instructed below. attend all questions. 4 Computer Vision (a) Explain why such a tiny number of 2D Gabor wavelets as shown in this sequence are so efficient at representing...
-
When calculating Zakah according to the solar calendar, the following rate is used: a. 2.6% b. 2.5% c. 2.5775% d. 2.55%
-
Cassandra is retiring December 31, 2023, after many, happy years of employment with Canadian National Railway Company (CN). She is fortunate to be part of a Defined Benefit Pension Plan (DBPP). Her...
-
What is the market value for a bond with a face value of $1,000 and a newspaper quotation of 77?
-
Describe the similarities and differences between transferred-in costs and raw materials costs.
-
P 5-4 Computations (upstream and downstream sales) Comparative income statements of Son Corporation for the calendar years 2016, 2017, and 2018 are as follows (in thousands): 2016 2017 2018 Sales...
-
The following are various cash flows and other information for Smyczek Company for 2016: a. Payments of interest, $8,200 b. Receipt from sale of land, $7,900 c. Interest collected, $10,000 d. Payment...
-
ajax county collects property taxes for the cities within the county, Ajax county collected 1000 from citizens in Beatty city that belong to Beatty city what would be the appropriate entries for ajax...
-
Which approach is used for the revaluation of on-balance sheet receivables? a. NRV approach b. Provision accounts c. Credit losses d. None of the above
-
Which of the following is NOT a category of wealth subject to Zakah? a. Gold and silver b. Cash and bank balances c. Business investments d. Personal belongings
-
Joe advertises in the New York Times that he will pay $5,000 to anyone giving him information as to the whereabouts of Elaine. Max sees a copy of the ad in a Tokyo newspaper, in Japanese, and sends...
-
Watch the clip from HBO's Chernobyl and respond to the questions below using complete sentences....
-
1) Every organization has a unique culture. As you move forward with a travel or per diem position, what steps will you take to learn about your assignment organization's culture? 2)Flexibility and...
-
See the right figure of the lifting and transporting equipment. During operation, while a mass of 1.5 x 104 kg was descending at a constant speed v = 15 m/min, the machine experienced a breakdown,...
-
PROBLEM 3 BABEY Company makes three products with the following characteristics: Product V jk jin Selling price per unit 10 15 20 Variable cost per unit 6 10 10 Machine hours per unit 2 4 10 The...
-
Diversified Semiconductors sells perishable electronic components. Some must be shipped and stored in reusable protective containers. Customers pay a deposit for each container received. The deposit...
-
Practical Application: How would the abolition of rent control reduce the housing shortage in some cities? Explain in terms of supply and demand.
-
What is the difference between the straight-line method of depreciation and the written down value method? Which method is more appropriate for reporting earnings?
-
The intuition behind the benefits of financial leverage is that a firm can borrow funds that bear a certain interest rate but invest those funds in assets that generate returns in excess of that...
-
Explain the intuition of residual income. Distinguish between net income available to the common shareholders and residual income.
-
Analysts can compare ROCEs across companies but should not compare basic EPSs despite the fact that both ratios use net income to the common shareholders in the numerator. Explain.
-
XF Ltd. Is an expanding private company in the electric trade. Accounts preparing in January 2019 included the following information: Profit Statement for the year ended 31 st December 2018 Kshs.000...
-
Check On June 15, 2021, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington D.C., for $340 million. The expected completion date is April...
-
Q.1 Bassem Company purchased OMR420,000 in merchandise on account during the month of April, and merchandise costing OMR $350,000 was sold on account for OMR 425,000. Required: 1. Prepare journal...
Study smarter with the SolutionInn App