The zakat rate on wealth based on the solar year is a. 2.5575% b. 2.7555% c. 2.5577%
Question:
The zakat rate on wealth based on the solar year is
a. 2.5575%
b. 2.7555%
c. 2.5577%
d. 2.5775%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
The zakat rate on wealth money gold silver etc based on both lu...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles Of Islamic Accounting
ISBN: 9781119023296
1st Edition
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
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...
-
What is the zakat rate on wealth based on the lunar year? a. 2.500% b. 2.550% c. 2.5700% d. 2.7700%
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-7. Ivan sold the following securities during the year and received a Form 1099-B that...
-
The retail inventory method is used by The Bronx Company. Inventory, purchases, and sales data for 2016 are as follows: Using the retail method, calculate the Lower-of-Average-Cost or Market of the...
-
What is the total power output of the siren in Example 15.5?
-
Consider the following set of dependent and independent variables. The variable x3 is qualitative with H = High, M = Medium, and L = Low. The quantitative data for this problem can be found in the...
-
10 How can public relations be used by automobile manufacturers following recall notices related to faulty airbag inflators?
-
The Fairwinds Development Corporation is considering taking part in one or more of three different development projects A, B, and Cthat are about to be launched. Each project requires a significant...
-
Calculate the net advantage to leasing for the Consumer Products Division. (8 marks) If the Consumer Products Division buys the equipment, it will borrow $8,000,000 at 10% interest. Annual...
-
Zakat is payable only on growing capital. Growing capital is a. a fixed asset that can be expanded. b. the realised gains on fixed assets. c. the realised and unrealised gains on fixed assets. d. the...
-
Which of the following statements are TRUE? I. Zakat is treated as an expense if the managing director so decides. II. Zakat is treated as an expense if the annual general meeting makes this its...
-
(a) If à is a linear operator, {(i} is a complete, orthonormal basis, and u is an arbitrary function, show that Expand u in terms of the set {(i}, apply à to this expansion, and then...
-
Jimmy Joe-Bob Hicky is the district commander for the mostly-rural Spud Valley highway patrol district in western Idaho. Hes attempting to assign highway patrol cars to different road segments in his...
-
Its important to have a holistic view of all the businesses combined and ensure that the desired levels of risk management and return generation are being pursued. Agree or disagree
-
(3pts each) During a trip to a casino, Adam Horovitz plays his favorite casino game 10 times. Each time he plays, he has a 41% chance of winning. Assume plays of the game are independent. a. What is...
-
An epidemiologist plans to conduct a survey to estimate the percentage of women who give birth. How many women must be surveyed in order to be 95% confident that the estimated percentage is in error...
-
Statement of financial position as at 31 December 2014 ASSETS Non-current assets Property, plant and equipment Delivery van at cost 12,000 Depreciation (2,500) 9,500 Current assets Inventories...
-
Assume that the readings on the thermometers are normally distributed with a mean of 0C and a standard deviation of l.00C. A thermometer is randomly selected and tested. In each case, draw a sketch,...
-
(a) Given a mean free path = 0.4 nm and a mean speed vav = 1.17 105 m/s for the current flow in copper at a temperature of 300 K, calculate the classical value for the resistivity of copper. (b)...
-
Define conflict.
-
Explain contemporary perspectives of conflict.
-
Contrast task, relationship, and process conflict.
-
When preparing government-wide financial statements, the modified accrual based governments funds are adjusted. Please show the adjustments (in journal entry form with debits and credits) that would...
-
I need help finding the callable price and call value
-
On 31 October 2022, the owner took goods for his son as a birthday gift. The cost price of the goods was R15 000
Study smarter with the SolutionInn App