Question
Q-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.
Q-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 -- 150 gms and Silver --- 65 grms ; Investment bonds --- 250 @ 150 SR each (market price) ; and Debts which must be paid by Mr. Talha -- SR 58,000. Calculate Zakat for Mr. Talha.
Gold Rate of 24 Carat Gold is 225.00 is at & Pure Silver SAR per 1 Gram2.86 on September 13, 2021 @ 2:30pm.Current Dollar rate is Riyals & British Pound = SR. 3.755.18The market price of Al Rajhi Banks share is SR - 121.80 per share on September 13, 2021 @ , as per Tadawul 2:30pm. )
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