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Why There Is More Zakat On Production As Compared To Business
My question is about the wisdom behind the calculation of the zakat threshold. Why is a larger amount (5%, 10%, or 20%) due on production whenever it is produced, as compared to the 2.5% due on a business’s income over an entire year?
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2 Replies
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Why There Is More Zakat On Production As Compared To Business
updated 2 weeks, 2 days ago
2 Members
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2
Replies
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Savings and investments are limited sources, while production is an ongoing income. Therefore, the rate of zakat for production is higher than that of savings and investments.
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Thank You, Sir!
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