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What Is the Zakât on Exploited Assets?

assets exploited zakât
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What Is the Zakât on Exploited Assets?

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On the growth of an exploited asset, Zakât is assessed after deductions (taxes, wages, debt, maintenance, etc.) based on its appraised value plus the income it generates (figuring in loans to others) and then paid at the rate of 2.5 percent. This means that the passage of a Zakât-year does not apply on individual payments received through rent or on income earned. It means that the net earning and value of the asset—even a rental fee that comes in the day before the Zakât-year ends—is calculated and paid on the Zakât due date. The Zakat must be loves the wealth of paid on an established annual his inheritors date in which one pays Zakât on all income.

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