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( Current Gold Rate of 24 Carat Gold is 181.32 & Silver is at 2.12 SAR per 1 Gram on October 05, 2019. Current Dollar

( Current Gold Rate of 24 Carat Gold is 181.32 & Silver is at 2.12 SAR per 1 Gram on October 05, 2019. Current Dollar rate is 3.75 Riyals & British Pound = 4.63 SR. The market price of Al Rajhi Banks share is SR-60 per share )

Q-12 - Cash on wealth Calculate Zakat on Cash on wealth from the following wealth of Mr. Kahled Al-Johani : Saudi Riyals in hand ---- 25,000; American Dollars in hand ---- $ 5,000 ; 24 Carat Gold 145 gms and Silver 525 gms ; Gold Jewellery (exceeding normal use for 1 years) -- 80 gms ; Pound Sterling in hand --- 850 ; Ingots of gold -- 150 gms and Silver --- 65 grms ; Investment bonds --- 250 @ 150 SR each (market price) ; and Debts which must be paid by Mr. Khaled Al Johani -- SR 49,000. Calculate Zakat for Mr. AlJohani

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