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  • Islamic Sharia

    Zakat On Gross Or Net Industrial Production

    Posted by Abdul Qadir on May 22, 2021 at 7:15 am

    Ghamidi Sb in his lectures mentions that there is Zakat on Production as well and that is 5, 10, and 20%.

    This sounds too high since it seems that it is on Gross Production not Net. There are a lot of businesses where the profit rate is around 5-10%. If Zakat is on gross then the business cannot survive.

    Please guide on this.

    Jazakallah

    Abdul Qadir replied 2 years, 11 months ago 2 Members · 3 Replies
  • 3 Replies

  • Zakat On Gross Or Net Industrial Production

    Abdul Qadir updated 2 years, 11 months ago 2 Members · 3 Replies
    Islamic Sharia

  • Umer

    Moderator May 22, 2021 at 2:04 pm

    Zakat on industrial production as per Ghamidi Sahab should be 5% for industrial production on value addition only:

    Please refer to the video below from 20:10 to 24:08 and from 25:36 to 25:57

  • Umer

    Moderator May 22, 2021 at 2:04 pm

    Please also refer to the video below from 1:19:38 to 1:20:23

  • Abdul Qadir

    Member May 23, 2021 at 6:11 am

    Jazakallah Omar Bhai. This does help.

    Thanks & Regards,

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