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How much is zakat paid and the method to compute zakat

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Reference no: EM132652656

Question - You have to make a comparative analysis between two set of islamic bank financial statements. We did the same exercise last class.

1. Find or google two different Islamic bank from two different countries.

2. Get the newest year available.

3. Not limited to UAE only.

4. Find if they prepared the:

i. Statement of Restricted Investments

ii: Zakat and charity fund statement.

iii. Qard fund statement.

iv. Roles of the sharia advisor.

v. Responsibility to pay zakat.

vi. How much is zakat paid and the method to compute zakat?

Reference no: EM132652656

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