Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 3 (20 Marks) a) b) Dr. Imran is a doctor. He runs his own clinic with his partner and at the same time become

image text in transcribed

Question 3 (20 Marks) a) b) Dr. Imran is a doctor. He runs his own clinic with his partner and at the same time become a panel doctor to a private hospital. What type of zakat he must pay? Explain. [4 Marks/ The obligation of zakat on gold is confirmed by the Qur'an, Sunnah and Ijma? Discuss about zakat on gold [4 Marks/ Discuss the zakat treatment for a person who buys non-shariah compliant shares but from permissible source. [4 Marks] Puan Normah has declared her total asset based on the value of gold as in the table below. (Note: Current Value of 24K gold is RM190.0 and 22K gold is RM180.00) c) d) No. Type of asset 1. Gold 2. Money Total weight Total (RM) Gold flakes (24K): 50g Broken gold bangle (22K): 5g Shariah compliant investment(24K): 10g Savings - Wadiah 3,000.00 Cash value takaful 3,000.00 Cooperative 1,000.00 Cash at home 900.00 Unit trust current value 7,500.00 3. Shares Required: Calculate the total zakatable amount for Puan Normah. 18 Marks] Question 3 (20 Marks) a) b) Dr. Imran is a doctor. He runs his own clinic with his partner and at the same time become a panel doctor to a private hospital. What type of zakat he must pay? Explain. [4 Marks/ The obligation of zakat on gold is confirmed by the Qur'an, Sunnah and Ijma? Discuss about zakat on gold [4 Marks/ Discuss the zakat treatment for a person who buys non-shariah compliant shares but from permissible source. [4 Marks] Puan Normah has declared her total asset based on the value of gold as in the table below. (Note: Current Value of 24K gold is RM190.0 and 22K gold is RM180.00) c) d) No. Type of asset 1. Gold 2. Money Total weight Total (RM) Gold flakes (24K): 50g Broken gold bangle (22K): 5g Shariah compliant investment(24K): 10g Savings - Wadiah 3,000.00 Cash value takaful 3,000.00 Cooperative 1,000.00 Cash at home 900.00 Unit trust current value 7,500.00 3. Shares Required: Calculate the total zakatable amount for Puan Normah. 18 Marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Deadly Audit A Buckeye Barrister Mystery

Authors: David M Selcer

1st Edition

0988194368, 978-0988194366

More Books

Students also viewed these Accounting questions