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Q-10 - Comprehensive Mr.Abdullah has a monthly salary is SR-12,500 & earns from a part time job SR-2,500 / month. He bought a 24 Carat

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Q-10 - Comprehensive Mr.Abdullah has a monthly salary is SR-12,500 \& earns from a part time job SR-2,500 / month. He bought a 24 Carat Gold bar of 120gms as an investment an year ago. He also kept 2,500 USD from his annual savings. He also gave his parents SR-2,500pm since the beginning of the year. His house loan is SR-3,000 a month and he purchased 1,500 shares of Al-Rajhi bank as an investment from which the bank gave him SR-5,000 as dividend. Abdullah also won an award and received SR-30,000 Cash prize. His savings are SR-25,000, at the lowest point of year. Required : How much Zakat should he pay ? A-11 Mr.Ayman is working as a Freelance Interior Designer in Riyadh, Saudi Arabia since the last 7 years. His earning is SR-150,000 for this year. He spent about SR-2,000 for his personal car expense per month. He also paid SR-5,000 for advertising his services in the local newspapers and magazine (for the whole year). He spent about SR-3,000 on himself and to take care of his family bread and butter during the month. He took a house loan and needed to pay SR 3,000 during the month. Does he need to pay Zakat or Not? Calculate Nisab and Zakat, if he is eligible for it Q-12 - Cash on wealth Calculate Zakat on Cash on wealth from the following wealth of Mr. Talha : - 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 : - UK Pound Sterling in hand .850 pounds : - Ingots of Gold 150gms and Silver 65grms : - Investment bonds - 250 @ 150 SR each (market price) ; and - Debts which must be paid by Mr. Talha - SR - 58,000. Instructions - You Must Calculate NISAB before calculating Zakat and compare it with. the Zakatable Income. ( Gold Rate of 24 Carat Gold is 214.00 \& Pure Silver is at 2.34045 SAR per 1 Gram on September 15, 2022 @ 2:30pm. Current Dollar rate is 3.76 Riyals \& British Pound = 4.32 SR. The market price of Al Rajhi Bank's share is SR - 89.50 per share on September 15, 2021 @ 2:30pm., as per Tadawul )

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