-
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?
-
2 Replies
-
Why There Is More Zakat On Production As Compared To Business
updated 1 year, 11 months ago
2 Members
·
2
Replies
-
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.
-
Thank You, Sir!
-
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 2284 days, 10,270 registered users have posted 71,666 messages under 21,406 unique topics on Ask Ghamidi.
