A Guide TO

Zakat Accounting

Prepared by

Dr. Hussain Hussain Shehatah

Professor of Accounting
Faculty of Commerce, Al-Azhar
University
Consultant to Al-Zakat Funds
Zakat in The Holy Quran
: ‫قال ال تبارك و تعالي‬
“... ‫” و أقيموا الصلة و أتوا الزكاة و اركعوا مع الراكعين‬
( 43 ‫ الية‬: ‫) سورة البقرة‬
Allah says : “ and be steadfast in prayer
,practice regular Zakat and Bow down
….. Your heads with those who down
) Al-Baqara- 43(
‫‪Zakat in THe Sunnah‬‬

‫قال رسول ال صلي ال عليه وسلم ‪:‬‬

‫” بني السلم علي خمس ‪ ,‬شهادة أن ل إله إل ال ‪ ,‬وأن‬
‫محمدا عبده ورسوله ‪ ,‬وإقام الصلة ‪ ,‬و إيتاء‬
‫الزكاة ‪ ,‬وحج البيت ‪ ,‬و صوم رمضان ”‬
‫) رواه البخاري ومسلم (‬
.Zakat in Sunnah-cont
The Messenger of Allah”( peace be upon Him
) said : “ Islam has been built on five
pillars , Testifying that there is no God but
Allah and Mohammed is the messenger
of Allah, performing the prayers, paying
the Zakat, making, the pilgrimage to the
“ house of Allah , and fasting Ramadan

)Buhkary and Muslim (

Zakat Accounting Topics
)( Contents of the Book
This Book deals with Fiqh and Accounting
of Zakat (Alms) according to Islamic
Jurisprudence . It consists of the following
:Topics
) .Zakat Rules.( Fiqh-
).Zakat Accounting Rules( Principles-
.Zakat Accounting Statements-
.Zakat Duers-
Chapter One

Zakat Rules
)Zakat Fiqh(
Zakat Meaning
Zakat means , in Language , :
Blessing, Purity, Growth and
.Uprightness
It means in Shariah :a defined
allocating amount from a defined
.money for an assigned people
Zakat and Sadaqa
Zakat may called Sadaqa , Allah
says :” of their properties ( money) take
Sadaqa , that may Purify and sanctify
……..”them and pray on there behalf
‫“ خذ من أموالهم صدقة تطهرهم و تزكيهم بها وصل عليهم‬
The Word Sadaqah in this verse * -
refers to Zakat . But it sometimes refers
. to Charity
Accordingly , every Zakat *-
is a Sadaqa
And a Sadaqa may be a
. Zakah or a Charity
Zakat Rules
‫أحكام الزكاة‬
Muslim Scholars have summarized Zakat
:Rules as follow
). Zakat is a Farida from Allah (obligatory-
.Zakat is a Financial Worship-
.Zakat is a Believe-
.Zakat is Compulsory to Muslims-
.Zakat is Due to an assigned Receivers-
Zakat is Annuity , except Zakat on-
Plants
.and Fruits , and on Rakaz
No Zakat until Wealth exceeds Nisab-
.No Duality in Zakat-
Zakat affairs are the Responsibility-
.of Government
 .Due Zakat does not obsolete-
Zakat is Obligatory to Muslims any-
.where in the world
The Muslim who denies the Obligatory - -
) ,of Zakat is a Non-believer ( Kafir -
and who refuses to pay it , is a -
. Disobeyer
- -
Zakat and Tax Differences
Zakat is a financial Worship ,and a pillar of-
Islamic Religion , but Tax is imposed by the
Government by Low ragardless
.to Religion

Zakat is based on Religious and Ethical-

Values ,but Tax mostly ignores such
.-Values and based on monetary factors
Zakat is calculated according -
to Fiqh Rules , but Tax is
calculated according to
.Governmental Rules
-
Zakat and Tax Differences

Zakatable wealth is gained- -

from Good and Halal Sources,
but Tax Revenues and
Incomes may be earned from
Non-Halal and Worse Sources
.from the sight of Islam Rules
Zakat Rules are stable and permanent -
for each Time and place because they
excreted from Quran and Sunnah ,while
.Tax Rules are variable

Zakat purifies soul and money ,while -

.Tax does not
,:Accordingly
Tax is not a Zakat
Zakat is not a Tax
Chapter Two

Zakat
Accounting
Rules
 Zakat Accounting Meaning
It mans the calculation, reviewing
and announcing of Zakat on money
.It is governed by a group
of Accounting rules, extracted
,from the sources of Islamic Shari’ah
Zakat Accounting Objectives
:They are as follow
.Determining the Zakat Base -
.Calculating the Due amount of Zakat -
.Preparing Zakat Statements and Reports -
Distributing Due Zakat amongst -
.its Duers
ZAKAT ACCOUNTING RULES
)( PRINCIPLES

Zakat Accounting
:Rules are as Follow
 The Lunar Year. 1
Zakat is calculated according to
the lunar year. Counting starts
when the amount of money attains
the Nisab (the minimum amount on
which Zakat should be paid). This
includes all kinds of Zakat except
Zakat on agriculture, fruits, mineral
assets and Rikaz (metals found in
).the earth
Independence of each. 2
:Year

Each Zakat year is an independent

one, and Zakat on a given amount
of money should not be more than
once in the same year. Duality
should be avoided. The Prophet
(Peace be upon him) said: “No
. ”duality in Zakat giving
Actual or Assumed 3
: Growth
Actual or assumed growth of an
amount of money is a condition for
any Zakat is to be given from this
money. Therefore, Zakat is not due
on fixed assets or things for personal
use. This is because the condition of
actual or assumed growth would not
.be met
Zakat Base should. 4
reach Nisab
Zakat is due on money which is
abounding (more than basic needs). No
Zakat is due for little amounts of money.
The amount of money should reach the
Nisab. This guarantees that only those
who have the capacity of paying will be
. obliged to pay
Calculating Zakat on . 5
the Total or Net
Zakatable Money
For every kind of money or activity
there is a rule for calculation Zakat
which is due on it. Some are
calculated in relation to the total
amount and others are calculated in
relation to the net amount
).( Property
Grouping Money of the. 6
Same kinds together as
: Zakatable Base
It is permissible to group cash
money of wealth to cash money
available from offers of
commerce and other gained cash
money, so that for all these
monies there would be one Nisab
. and one Zakat Year
Evaluating Zakatable. 7
Money according to the
.Current value
Evaluating cash money of wealth and
cash money from offers of commerce to
define the due Zakat should be
according to the current value at the
time of paying Zakat. They should not
be evaluated according to the historic
.value, cost or market, whichever is less
Equations of
calculating Zakat
:They are as follows
Receptacle of Zakat = 1.
Zakat Base =
Zakatable Money
Assets),( Less ) - Zakatable( 2.
Liabilities which are due to be
. paid at the moment
 (=Zakatable Money( Assets. 2
Assets which meet the conditions of
.obligatory Zakat

Zakatable Liabilities = which are due in. 3

.short time

Due Zakat = Zakat Base By Zakat Rate. 4

Conditions of Zakatable
Money
:They are as follows
.a. It should be a full ownership

b. It should be Growing actually

or assumed
c. The completion of one
Lunar Year except for
Zakat on agriculture,
fruits, mineral wealth
.or Rikaz in earth
d. Not other kind of Zakat has
been paid on the same
Zakatable Money
.within the same year

e. Zakatable Money should

. exceeds Basic Needs
f. Zakatable Money should not
include a Debt which is due
) at the time.(short term Debts

g. Zakatabe Base should reach the

(. (Nisab
 Conditions of Zakatable
Liabilities
They are Short Term Liabilities which are
due payment according to the following
: conditions
a. Liabilities should be related to the
.activity
b. Liabilities should be due
payment during the
. coming year

c. Liabilities should be legally

. permissible
 Nisab = the minimum amount of
Due Zakat
It is equal to 85 grams of pure gold. A
gram should be evaluated according to
current prices at the time of paying Zakat
in the country in which the original money
.is located
 The Amount of Due Zakat
When Zakat Base money once
reaches the Nisab , the Due Zakat is
calcuated as follow : Zakat Base x
. the price of Zakat
=The Price of Zakat
Zakat Rate
It varies according to the kind
of money and activity. It
ranges between 2.5% and
. 20% of Zakatable Base
Executive Procedures
for Calculating Zakat
 Steps of Calculating Zakat

(Zakat Accounting Procedures)

Zakat should be calculated
:according to the following steps

Defining the date completion . 1

the Lunar year. This date
varies according to the
circumstances of the Zakat
). giver ( Payer
With the exception of Zakat on
agriculture, fruits, minerals and
minerals in the earth. In these
cases Zakat should given at time
of harvest or the acquisition of
. the minerals
In the case of defending the Lunar
year for the first time, the date
of beginning and the date of
completing should be defined
according to the date of reaching
. the Nisab amount
Different Monies owned by the. 2
Zakat Payer should be
assessed at
the end of year according to
. the rules of Zakat
From this money it should be
defined on which Zakat must
be given. They are called
). Zakatable Money ( Assets
Assessment of Taxable . 3
Liabilities (deductions) which
are due to be deducted from
Zakatable money according to
. the rules of Zakat
Defining the receptacle of Zakat .4
( Zakat Base ) by the deduction of
Due Liabilities from Zakatable
. Money by the following equation

) = The receptacle of Zakat ( Zakat Base

.Zakatable Money – Due Liabilities
Calculating the Nisab as- 5
mentioned
before. Each kind of Zakat has
.a special Nisab
A comparison should made. 6
between the Zakat Base,
defined in step 4 above, with
Nisab defined in step 5. So as to
know whether Zakat is due or
not. If the Zakat Base has
reached the amount of Nisab,
. then Zakat would be Due
Define the amount which should be . 7
taken from the receptacle of Zakat
( Zakat Base ), it is as a
Percentage % , it is culled the
, Price of Zakat
It varies from 2,5% to 20% of
Zakat Base
Calculating the amount of Zakat. 8
by multiplying the amount of
the receptacle by the
amount of the price (or
percentage) of Zakat. The
result should be the amount of
.due Zakat
Define who pays the due Zakat a. 9
:follow
a. For individuals and personal
: establishments
The individuals or the owner should pay the
.due Zakat
: b. For partnership

The amount of the due Zakat

should be divided between the
partners, each according to
the percentage ofhis share in
.the capital of partnership
: c. For investment companies
The amount of the due Zakat
should be divided on the number
of shares to know the
amount of Zakat due on each
share. Each investor should
then pay Zakat according to
.his ownership of shares
d. For partnerships of labor and
capital (mudarabah
Sahr’iyyah) : The laborer
(Mudarib) pay Zakat according
to his share of profits. Whereas
the financier (Mumawwil) should
pay Zakat on the capital and the
.profit less the laborer’s share
Zakat Amount should be . 10
distributed according to its duers
in the light of the rules
. ( of Islamic Law (Shari’ah
It is permissible to give Zakat to
institutes or committees of Zakat
to redirect the funds in their due
activities and persons according
. (to Islamic Law (Shari’ah
 Zakat Duers

Zakat Funds should be spent as

:mentioned in the Holy Quran
 ‫يقول ال سبحانه وتعالي ‪:‬‬
‫” إنما الصدقات للفقراء و المساكين والعـاملين عليها و‬
‫المؤلفــة قلوبهم وفـــــي الرقـاب و الغارمين وفي سبيل‬
‫ال وابن السبيل فريضة من ال وال عليم حكيم ” ) سورة‬
‫التوبة ‪( 60 :‬‬
Zakat are for the Poor, and the Needly,and“
Those Employed to administer the funds, for
those whose hearts have been recently
reconciled to Truth , for those in Bondage
and in Debt , In the cause of Allah , and the
Wayfarer , Ordained by Allah , and Allah is
. “full of knowledge and Wisdom
)Al Tawbah -60(
The Duers of Zakat as mentioned in
this
:Verse are as f0llow

.The poor. 1
.The needy people. 2
Those employed to administer the .3
. Funds
Those whose hearts have been . 4
recently reconciled to
Truth
.Those in Bondage. 5
.Those in Debt. 6
.In the cause of Allah. 7
.The wayfarers. 8

We well discuss this in more

detail in chapter four
 Zakat Accounting
Tools and Methods
In order to calculate Zakat on money, an
accountant needs the following tools and
: methods

General Balance Sheet (Financial. 1

Position) made on the date of calculating
. Zakat
Final Accounts for the ended year, on .2
. which Zakat is to be calculated
Clarifications concerning the Balance . 3
Sheet and the final accounts,
:such as
.Current value of Zakatable assets -

. Bad and good debts to be baid -

.Bad and good debts to be collected -

Revenue from fixed assets -
which are for collecting or for
.investment

And other necessary -

clarifications concerning
.calculating Zakat
The price of Gold at the time when .4
paying Zakat is due, in order to
calculate the Nisab

Different Monies possessed by the .5

Zakat giver should be grouped if
.they are of the same kind
 Different contemporary Fatwas.6
. concerning Zakat

.The guide for calculating Zakat. 7

Other accounting tools and methods . 8

which may be useful for
. calculating Zakat
The diagram in the following
summarizes the procedure
for calculating Zakat on
.money
Diagram for calculating
Zakat
Starting Point

)1( Prepare the general Balance Sheet and

clarifications on it

)2( Define and assess the Zakat assets

(3Define
) and assess liabilities which must be met

Define the receptacle of Zakat by deducing

( 4) (from (2)(Zakat Base( 3 )

(5)Define the Nisab according to the price of gold

(6Compare
) the receptacle of Zakat with the Nisab

Calculate the Due Zakat if the receptacle

( 7) reaches the Nisab

( 8) The Due Zakat = Zakat Base By Zakat Rate

Third Chapter

Zakat Accounting
Statements
(( Forms
 This chapter includes a number
of simplified accounting
Statements to calculate Zakat on
money and other activities in the
light of information mentioned in
. the previous chapters
 These statements are meant to be
used as a guide for accountants when
assessing the receptacle of Zakat,
and when advising the Zakat giver,
whether he is an owner of a personal
establishment or a partner with
others in a private company or a
share holder in an investment
. company
:The Statements are as follows
A Statement to calculate Zakat . 1
.on wealth in cash

A Statement to calculate Zakat .2

. on Commerce and Industrial Wealth
A Statement to calculate Zakat . 3
. on Plants and Fruits

A Statement to calculate Zakat . 4

. on Cattle
A Statement to calculate Zakat . 5
on mineral and marine wealth, and
. minerals in the earth

A Statement to calculate Zakat . 6

on Revenues from Investment in
.Fixed Assets
A Statement to calculate Zakat. 7
. on revenue from Labor

A Statement to calculate Zakat. 8

on revenue from Freelance
. Work
(1 )

Zakat Accounting
Statements on Cash
wealth
‫( زكاة الثروة النقدية‬ (
Zakat on cash wealth includes:
Banknotes, Coins, Silver, Gold
Money as well as Ingots of gold,
Current Accounts in Banks and
Investment Accounts in Banks
and Investments in Shares and
.Bonds and Like Investments
The Nisab for cash wealth is
85 grams of pure gold, or its
equivalent in cash, or 595
grams of pure silver. The
Islamic Commission for
Research has recommended
.to use the Nisab in gold
 The Zakat Rate on Cash Wealth is
2.5%

=The Amount of Due Zakat

Zakat Base by Zakat Rate
 The calculation steps are as
: follows

a. Define the time when the

Zakat is due (Al-Hawl),
which starts from the time
when the amount of money
.reaches Nisab
b. Define all items of Cash Wealth,
on which Zakat must be
paid (Zakatable
). Money

c. Asset all items of cash wealth

according to market value
at the time when Zakat is
. due
d. Deduct all Liabilities on the
Zakat giver from his cash
wealth so that to know
the receptacle of Zakat.
).( Zakat Base
e. Compare between the
receptacle of Zakat and the
Nisab, which is equivalent
to 85 grams of gold
according to the market value. If
the receptacle reaches the
Nisab, then Zakat is due to be
. paid
f. Calculate the amount of Zakat by
multiplying the receptacle by
the price of Zakat, which is
. 2.5%

The following statement shows an

example of calculating Zakat on
:cash wealth
 Zakat Statement for Cash Wealth
/ /for the year ended
Item Sub- Total
total

:Elements of cash wealth*

Saudi ryal-
**
American Dollar (after assessing-
) according to market price **
Gold and silver monies (after -
) defining weight or number **
 Zakat Statement for Cash Wealth
for the year ended / /
((Continue
Item Sub- Total
total

Pound Sterling (after assessing- **

)according to market price
Ingots of gold and silver (after- **
) defining weight
Investment bonds (after assessing - **
) according to market price
Jewelry for investment (after- **
assessing according to market
) price **
Jewelry which exceeds the amount -
 Zakat Statement for Cash Wealth
for the year ended / /
((Continue
Item Sub- Total
total

Total Zakat cash money* ***

Deduced: Debts which must be paid ***
)now by the Zakat giver (if any
Cash wealth Zakat Receptacle* ***
Compare with the Nisab (the •
equivalent to 85 grams of gold) if
receptacle reaches the Nisab, then
:Zakat should be calculated as follows
=Amount of Zakat*
=…Zakat receptacle x 2.5% ***
(2)
Accounting Zakat
Statements for Trading
and Industrial Wealth
)‫( زكاة عروض التجارة والصناعة‬
This Zakat is imposed on
Wealth for Trading which is
to be bought or sold
with the intention of
.Trading to earn a profit
 Goods (properties ) for acquisition
and personal use and not for selling
or trade are not Zakatable. No Zakat,
therefore, are due on them, as they
are not added to Zakat Base

:such as
Fixed Assets and
.Personal Assets for use
 The definition of receptacle of
Zakat (Zakat Base ) on Wealth
for trading and calculating their
amount should be done
:according to the following steps
a) Define the end of the Zakat year.
Which may be the same date as the
end of the financial year for an
.establishment or a company

b) Define and assess the elements of

Zakat such as goods, duties,
documents of payment,
investments in stock for trading
and cash in banks and cash in safe
. ..etc
c) Define and assess the elements of
immediate current liabilities which are
due for payment from the Zakatable
. Wealth
d) Define the Receptacle of Zakat ( Zakat
Base ) by deducing the current liabilities
(item c) from the Zakat assets (item
b) and add any earned money

).if applicable(
e) Define the amount of the Nisab,
which is the equivalent to 85 grams of
gold , and then compare with the
receptacle of Zakat

f) Calculate the amount of Zakat. If the

receptacle reaches the Nisab, Zakat
should be calculated as 2.5% in the case
of a lunar year, and 2.577% in the case
. of a solar year
The following statement shows a
form for calculating Zakat on
Trading Wealth and the question
of other trading activities such as
:industrial activity
 Zakat Statement for Trading and
Industry Wealth
/ /for the year ended

Item Sub- Total

total

Zakatable Wealth for trading: such*

:as
Goods for Trading- **
**
Duties / documents of payment-
**
. Investments for trade- **
.Cash in banks- **
.Cash in safe-
****
 Zakat Statement for Trading and
Industry Wealth
/ /for the year ended

Item Sub- Total

total

Deduced: Short Term Liabilities: such*

:as
**
Debtors / documents of payment -
). to be paid ( - **
.Suppliers- **
. Loans due- **
- Other Short Term Liabilities. ****
 Zakat Statement for Trading and
Industry Wealth
(for the year ended / / (Continue

Item Sub- Total

total

Net Zakat Wealth for Trade* ***

).Added: Earned money (if any ***
The receptacle of Zakat on wealth for*
(trade.( Zakat Base ***
Compare with the Nisab (the •
equivalent to 85 grams of gold) if the
Zakat Base reaches the Nisab, Zakat
:should be calculated as follows
=Amount of Due Zakat* ***
=…Zakat Base x 2.5%
(3)

Zakat Accounting
Statement
for Plants and fruits
‫( زكاة الزروع والثمار‬ (
What is meant by agriculture
is anything which comes out of
the earth and is planted by
seeds, from which man, animal
and bird feed. And, by fruits
everything which trees carry
.which is to be eaten
Zakat on agriculture and fruits
are due at the time of
harvest or collecting, according
: to Allah’s instruction
( ‫ ) وآتوا حقه يوم حصاده‬: ‫قال ال تبارك و تعالي‬
but render the dues that are“…
proper on the day that harvest is
”gathered
)Al-An’am, or Cattle, 141)
Therefore, if an area of land
produces more then one crop
within the year, its owner should
render zakat on each crop
. separately
The following are steps of
Calculating the Zakat of Zakat
on agriculture and fruits and
:calculating their Due amounts
 a) Measure the total production of the land
. either by production quantity or cash

b) Define the expenses on the production, if

the opinion adopted is that which says that
expenses should be deduced as far as they
do not exceed the third, which is the opinion
.of the Sixth Fiqh Seminar of Barakah
 c) Define the Zakat Base by deducing
).(item b) from the (item c
d) Define the amount of the Nisab, which is
equivalent to 5 Awsaq, or the equvalent to 50
Egyptian Kaylah, or 653 kg of wheat

d) Define the Zakat Rate according to the

. Method of Watering , 5% or 10%
e) Calculate the amount of Zakat as
:follows
:In the case of watering by cost-
=Amount of Zakat
= ……Zakat Base x 5%

:In the case of watering without cost-

=Amount of Zakat
= …… Zakat Base x 10%
The following statement shows a
form for calculating Zakat on
: Plants and fruits
 Zakat Statement for Plants and
fruits
…… for the crop
Item Sub- Total
total

:The value of the crop* ***

Deduced: - The expenses of farming (with-

the condition that they do not exceed one **
). third of the value of the crop
.The cost of farming-
**
.Governmental taxes- **
.Other expenses related to the crop- ** **
.Net value of the crop ***
).Deduced: Currently due debts (if any **
 Zakat Statement for Plants
(and Fruits for the crop……(Continue
Item Sub- Total
total

.Zakat Base of Plants and fruits*

***
•Compare with the Nisab, the value of which is 5
Awsaq or their equivalent. if the Zakat Base reaches
the Nisab, Zakat should be calculated as follows:
:Amount of Due Zakat
:in the case of watering by cost *
=…Zakat Base x 5%
:in the case of watering without cost*
=…Zakat Base x 10%
The amount of Zakat should be taken from*
.the crop
(4)

An Accounting Statement
for
Zakat on Cattle
‫(( زكاة النعام‬
What is meant by cattle is camels,
cows, sheep. Zakat is due on them
only if they are bred for
multiplication on cattle differs
according to the kind of species.
For camels it is five, for sheep it is
forty, whereas for cows it is thirty.
One should refer to Fikh books for
. more details
The following steps should be
followed to assess the receptacle
of Zakat on cattle and to
calculate its value at the end of
: the year
a) Define the number of cattle,
deducing the working
animals and the ones ready
for trade (for which there is a
different way of
.calculating Zakat
b) Compare the number with Nisab.
If it is less than the Nisab, then no
.Zakat is due

c) Define which category the number

falls into, in order to define the
.amount of due Zakat
d) Define the Zakat due according
. to tables in Fiqh books

We include on next Slide a form

for calculating the Zakat on
.cattle
 Zakat Statement for cattle
/ /for the year ended

Item Camels Cows Sheep

:The total amount of cattle* **

:Deduced
).Working animals (exempted- *
*
Animals prepared for trade- -
there is a different system of ( -
). calculating their Zakat
The receptacle for Zakat on* ** ** **
.cattle
 Zakat Statement for Cattle
/ /for the year ended
Item Camels Cows Sheep

The receptacle for Zakat on ** ** **

.cattle
Compare with the Nisab (5* •
camels, 30 cows, 40 sheep), if
the receptacle reaches the
:Nisab * * *
Calculate the amount of*
Zakat according to the
.relevant schedules
(5)
An Accounting Statement
for Zakat on mineral and
marine wealth and
minerals in the earth
) ‫( زكاة الركاز والمعادن‬
Mineral and marine wealth
include anything of value which
is brought out from the earth
or the bottom of rivers, seas or
oceans. Minerals in earth
(Rikaz) are treasures which are
.buried in the earth
The Nisab for minerals and marine
wealth is the same as the Nisab for
cash wealth, i.e., the equivalent to
85 grams of gold. On the other
hand, Zakat is due on minerals in
the earth regardless of their
quantity. For both categories there
. is no need to wait until a year ends
The following steps are for
defining the receptacle of
Zakat on minerals and marine
: wealth
a) Define the net production from
the earth or sea, on which
.Zakat must be paid

b) Compare the net production with

the Nisab (the equivalent to 85
grams of gold) in the case of
mineral wealth. For Rikaz there
.is no Nisab
c) Calculate the amount of Zakat,
if the receptacle reaches the
Nisab, the basis of 2.5% for
.minerals and 20% for Rikaz

We include on next slide a form

for calculating the Zakat on
.mineral and marine wealth
 Zakat Statement for
mineral wealth for operation number
…… …… dated on

Item Sub- Total

total

Net value of mineral *

*:and marine wealth
.Net value of mineral wealth- **
.Net value of marine wealth - **
Net value of mineral and
.marine wealth **
 Zakat Stateent for
mineral wealth for operation number
……
( dated on……(Continue
Item Sub- Total
total

Net value of mineral and marine

**
.wealth
Compare the Nisab (85 grams of •
gold) with the receptacle of Zakat.
If the receptacle reaches the Nisab,
then Zakat should be calculated as
:follows
=Amount of Zakat*
=Zakat Base x 2.5%
Zakat on mineral and marine wealth *
after the completion of production
sorting, purification or cleaning and
. preparation for sale

Machinery, manpower and other

expenses of production are not be
.deduced
.6

An Accounting Statement
for Zakat on revenue
of Fixed Assets
) ‫( زكاة المستغلت‬
It is a Zakat on revenue
from investing Fixed Assets
reoccurring, such as real
.estate, cars and others
No Zakat is due on the actual assets
because they are of the same
category as assets obtained for
establishments (fixed assets). Zakat,
however is due on their revenue
once these revenues reach the
Nisab, after deducing actually paid
expenses and debts which are
. currently due
 Receptacle of Zakat on
investment assets is calculated
by deducing actually paid
expenses and debts which are
currently due from revenue
Due Zakat is calculated according
:to the following steps
a) Define the total annual revenue
. at the end of year

b) Define all expenses of getting

.the revenue
c) Deduce expenses which
are actually paid from
the total revenue to
define the net revenue,
on which Zakat must
.be paid
d) Deduce currently due debts
which the Zakat giver must
pay and also the cost of
original matters, if they were
not deduced from any other
.receptacle of Zakat
e) The net of all the above should
be added to any cash and
trade goods owned by the
Zakat giver and on which no
Zakat is paid at the end of
the year to ascertain the
) . receptacle.(Zakat Base
f) Compare receptacle (e) with the
Nisab, which is the equivalent to
85 grams of gold. If the receptacle
reaches the Nisab, then Zakat
should be calculated on the basis of
2.5%, which is the chosen
. opinion for the present guide
The Following is a Statement
for Zakat on revenue from
investment Fixed assets
Zakat Statement for revenue from
Fixed Assets in the year which is
(ending / / (Continue
Item Sub- Total
total

Total annual revenue* ***

:Deduce*
Costs of and expenses which - **
are related to the revenue and
.which are actually paid

****
Zakat Statement for revenue from
investment Fixed assets in the year
(which is ending / / (Continue
Item Sub- Total
total

:Deduce*
The expenses of the original- **
.matter which is actually paid
.Debts which are due currently- **
***
Receptacle of Zakat on revenue ****
from investment assets( Zakat
(Base
 Zakat Statement for revenue from
investment Fixed Assets in the year
(which is ending / / (Continue
Item Sub- Total
total

Add cash, earned money, net of* **

receptacle of trade if no Zakat is paid
.on them ***
(Receptacle of Zakat ( Zakat Base
Compare with the Nisab (the •
equivalent to 85 grams of gold) when
receptacle reaches the Nisab, Zakat is
:as follows
=The Amount of due Zakat
.7
An Accounting Statement
for Zakat on revenue
from Work
) ‫( زكاة كسب العمل‬
This category includes
wages, salaries, income from
freelance work and won money.
Zakat must paid on what
remains of this money at the
end of the year by adding it to
other monies owned by the
Zakat giver when calculating the
.Nisab and the Zakat year
The following are the steps
to define the receptacle of
Zakat and to calculate what
: is due at the end of year
a) Define what remains from the
revenue at the end of the
year after deducing what is
actually paid from costs of
basic needs and after
paying outstanding debts, if
there were any which were
not deduced from other
. receptacles of Zakat
b) Compare what remains in step (a)
with the Nisab (85 grams
of gold) to know whether Zakat
. is due or not

c) Calculate the amount of Zakat if

the receptacle reaches
.the Nisab, on the basis of 2.5%
The Following is a Statement
for calculating Zakat on
.revenue from work
 Zakat Statement for revenue from
work
in the year
/ /which is ending
Item Sub- Total
total

Total Salary during the year* **

Total other revenues during the year* **
:Deduce* ***
Costs of basic needs which are actually - **
.paid **
Costs of acquiring the revenue which is - - **
. actually paid ***
.Paid Debts -
 Zakat Statement for revenue from
work in the year
(which is ending / / (Continue

Item Sub- Total

total

Net salary and other revenues **

:Add*
Other cash monies (if there are any) on **
.which no Zakat is paid

(Receptacle Of Zakat( Zakat Base ****

 Zakat Statement for revenue from
work in the year
(which is ending / / (Continue

Item Sub- Total

total

Compare with the Nisab

(the equivalent to 85 grams of
gold), If the receptacle reaches
the Nisab, then Zakat is
:calculated as follows

=Amount of Zakat due

=…Zakat Base x 2.5%
(8)

An Accounting Statement
of Zakat on revenue from
Freelance Professions
) ‫( زكاة المهن الحرة‬
The following are the steps
to define and measure
the receptacle of Zakat on
revenue from freelance
:professions
a) The professional should define a
date for ending the Zakat year,
which may be the end of the
. financial year for example

b) Calculate all direct revenues from

practicing the profession
from the beginning to the end
.of the Zakat year
c) Define expenses and costs which
were actually spent in order to
get the revenue from practicing
. the profession

d) Define the basic needs for the

Zakat giver and his dependants
which were actually spent during
.the year
e) Define the debts which were paid by
the Zakat giver during the year
). (if there were any

f) Define the receptacle of Zakat by

). deducing (b, c, d, e,) from (a
g) Compare the receptacle from
the previous step with the
).Nisab (85 grams of gold

h) Calculate the amount of Zakat if

the receptacle reaches the Nisab
.on the basis of 2.5%
A Statement for calculating
Zakat on revenue from
freelance professions is on next
slide. A form for calculating
Zakat on revenue from
freelance professions is on next
.slide
 Zakat Statement for revenue from
freelance professions in the year
/ /which is ending

Item Sub- Total

total

Total revenues during the year* **

:Deduce*
.Costs of practicing the profession - **
Costs of basic needs of the Zakat - -
giver and his dependants, which are **
.actually paid **

:Deduce* **
**
Paid debts-
 Zakat Statement for revenue from
freelance professions in the year
(which is ending / / (Continue
Item Sub- Total
total

(Receptacle of Zakat: ( Zakat Base ****

Compare with the Nisab (the

equivalent to 85 grams of gold), If
the receptacle reaches the Nisab,
then the amount of Zakat is as
: follows
=The Amount of Zakat due
=…Zakat Base x 2.5%
CHAPTER FOUR

ZAKAT DUERES
MASARIF AL-ZAKAT
‫‪Zakat Duers in Quran‬‬

‫• للزكاة مصارف محددة من ِقَبَل ال عز وجل ‪،‬‬

‫كما ورد فى قوله سبحانه وتعالى ‪ِ  :‬إّنَمـــــــا‬
‫عَلْيَها‬
‫ن َ‬ ‫ن َوالَْعاِمِلي َ‬‫ساِكي ِ‬
‫ت ِللُْفَقَراِء َواْلَم َ‬‫صَدَقا ُ‬
‫ال ّ‬
‫ن َوِفي‬ ‫ب َواْلَغاِرِمي َ‬ ‫َواْلُمَؤّلَفِة ُقُلوُبُهْم َوِفي الّرَقا ِ‬
‫عِليٌم‬
‫ل َ‬ ‫ل َوا ُّ‬ ‫ن ا ِّ‬
‫ضًة ّم َ‬ ‫سِبيِل َفِري َ‬ ‫ن ال ّ‬
‫ل َواْب ِ‬ ‫سِبيِل ا ِّ‬ ‫َ‬
‫م ‪] ‬سورة التوبة ‪. [60 :‬‬ ‫حِكي ٌ‬
‫َ‬
Zakat are for the Poor, and the Needly,and“
Those Employed to administer the funds, for
those whose hearts have been recently
reconciled to Truth , for those in Bondage
and in Debt , In the cause of Allah , and the
Wayfarer , Ordained by Allah , and Allah is
. “full of knowledge and Wisdom
)Al Tawbah -60(
)Zakat Duers ( Masarif
The Duers of Zakat as mentioned in the Holy
:Quran are as f0llow
The Poor.Those are under the standard. 1
of Living ,i.e. They suffer in finding the
.essencials of basic live
The Needy people: Those are under the. 2
.normal standard of live
Those employed to administer the .3
. Funds
.Zakat Duers- cont
Those whose hearts have Been recently . 4
.reconciled to Truth and become Muslim

Those in Bondage., such as to free. 5

.Muslim Prisoners
 Those in Debt: such as those. 6
whom are Debaters and unable
.to pay their Debts
In the cause of Allah: for Gihad. 7
to make the word of Allah is the
Hiarer , and who Fight for Islam
The Wayfarer : Travellers Whom- 8
there
.Money has been lost or finished
Zakat Duers in The Sunnah
: ‫يقول رسول ال صلي ال عليه سلم‬
( ‫“ ) مسلم‬... ‫ تؤخذ من أغنيائهم فترد إلي فقرائهم‬.... ”

The Prophet ( PBUH. ) said : Take from ”

the Rich among them and paid it to the
)Poor among them ….( related by Moslim
Zakat Duers Rules

Muslim Scholars have summarized the

main Rules of Zakat Dures as follow :
1- The Poverty : those under Living
Standard
2- The Needy : those who need for
satisfy the essentials of Living
Zakat Funds should not be paid to rich- 3
.people or to any person able to work
Zakat Funds should not be given to- 4
Relatives whom the Zakat payer is
compulsory to spend, such as Parents
It is permitted to transfer Zakat Funds- 5
.from place to another for Poor Relatives
Zakat Accounting
Glossary

Compiled By

Dr. Hussien Hussien Shehata

Professor of Accounting
Al-Azhar Universityِ
 ‫‪Zakat‬‬ ‫الزكاة‬ ‫•‬
‫‪Zakat Rules‬‬ ‫قواعد ( أحكام ) الزكاة‬ ‫•‬
‫‪Zakat Concepts‬‬ ‫مفاهيم الزكاة‬ ‫•‬
‫‪Zakat Principles‬‬ ‫أسس الزكاة‬ ‫•‬
‫‪Zakat Base‬‬ ‫وعاء الزكاة‬ ‫•‬
‫‪Zakat Rate‬‬ ‫نسبة ( معدل) الزكاة‬ ‫•‬
‫‪Zakat Forms‬‬ ‫نماذج الزكاة‬ ‫•‬
‫‪Zakat Statement‬‬ ‫قائمة الزكاة‬ ‫•‬
‫‪Zakat Due‬‬ ‫مقدار الزكاة الواجبة‬ ‫•‬
 ‫‪Zakat Report‬‬ ‫تقرير الزكاة‬ ‫•‬
‫دافع الزكاة( المزكي )‪Zakat Payer‬‬ ‫•‬
‫معدلت الزكاة‪Zakat Rates‬‬ ‫•‬
‫قانون الزكاة‪Zakat Law‬‬ ‫•‬
‫‪Zakat Amount‬‬ ‫مقدار الزكاة‬ ‫•‬
‫‪Zakat Reward‬‬ ‫ثواب الزكاة‬ ‫•‬
‫‪Zakat Collection‬‬ ‫تحصيل الزكاة‬ ‫•‬
‫‪Zakat Payment‬‬ ‫أداء الزكاة‬ ‫•‬
‫حصيلة الزكاة‪Zakat Receipts‬‬ ‫•‬
 Zakat Payers ‫• دافع الزكاة‬
Zakat Duers ‫• مستحقي الزكاة‬
Zakat Evaders) ‫• المتهرب من الزكاة( مانع الزكاة‬

Zakat Denier ) ‫منكر الزكاة ( جاحد الزكاة‬ •

Zakat Administrator‫العامل علي الزكاة‬ •
Zakat Authority Unit‫مصلحة الزكاة‬ •
Zakat Authority Agent‫مصلحة الزكاة‬ •
Zakat Memorandum‫مذكرة الزكاة‬ •
Zakat Scholars‫فقهاء الزكاة‬ •
 Zakat Accountants‫محاسبواالزكاة‬ •
Zakat Shariah Auditor‫المراجع الشرعي للزكاة‬ •
Zakat Card ‫بطاقة الزكاة‬ •
Zakat File ‫ملف الزكاة‬ •
Zakat Period‫فترة الزكاة‬ •
Zakat Index ‫مؤشر الزكاة‬ •
Zakat Standards‫معايير الزكاة‬ •
Zakat Base‫وعاء الزكاة‬ •
Zakat Laws‫قوانين الزكاة‬ •
 ‫‪Zakat Nisab‬‬ ‫نصاب الزكاة‬ ‫•‬
‫‪Zakat Due‬‬ ‫الزكاة الواجبة‬ ‫•‬
‫‪Free form Zakat‬‬ ‫معفى من الزكاة‬ ‫•‬
‫‪Zakat Pre-paid‬‬ ‫زكاة مدفوعة مقدما‬ ‫•‬
‫زكاة مدفوعة مقدما‪Fore ward Zakat‬‬ ‫•‬
‫الوعاء‬ ‫زكوي( صفة )‪Zakatable‬‬ ‫•‬
‫‪Zakatable Base‬‬ ‫الزكوي‬
‫‪Zakatable Wealth‬‬ ‫الثروةالزكوية‬ ‫•‬
‫المعدل الزكوي‪Zakatable Rate‬‬ ‫•‬
 Zakatable Revenues‫اليرادات الزكوية‬ •
Zakatable File‫الملف الزكوي‬ •
Zakatable Card‫البطاقة الزكوية‬ •
Zakatable Deductions ‫الخصومات الزكوية‬ •
Zakatable Allowances ‫المسموحات الزكوية‬ •
Zakatabl Limit‫النصاب الزكوي‬ •
Zakatable Net Wealth ‫صافى الثروة الزكوية‬ •
Zakat System‫نظام الزكاة‬ •
Zakat System Units‫وحدات النظام الزكوي‬ •
 Zakat System Parts‫أجزاء النظام الزكوي‬ •
Zakat on Money‫زكاة المال‬ •
Zakat on Income‫الزكاة على الدخل‬ •
Zakat on Revenues‫الزكاة على اليرادات‬ •
Zakat on Cash Money‫الزكاة على الثروة النقدية‬ •
Zakat on Commercial Wealth‫الزكاة على الثروة التجارية‬ •
Zakat on Industrial Wealth‫الزكاة على الثروة الصناعية‬ •
Zakat on Real Estate Wealth ‫الزكاة على الثروة العقارية‬ •
Zakat on Livestock ‫زكاة النعام‬ •
Zakat on Plants and Fruits ‫زكاة الزروع والثمار‬ •
 Zakat on Livestock‫زكاة النعام‬ •
Zakat on Plants and Fruits ‫زكاة الزروع والثمار‬ •
Zakat on Salaries‫زكاة على المرتبات‬ •
‫الزكاة على الستثمارات العقارية‬ •
Zakat on Investment in Real Estate
Properties
‫الزكاة على إيرادات العقارات المؤجرة‬ •
Zakat on Revenues From Real
Estate Properties
‫الزكاة على إيرادات المهن الحرة‬ •
Zakat on Revenues from Non-Professional
Activities
 Zakat on Jewelry ‫الزكاة علي الحلي‬ •
Zakat on Debts‫الزكاة علي الديون‬ •
‫الزكاة علي السهم و السندات‬ •
Zakat on Stocks and Bonds
Zakat Al-Mustaghalat ‫زكاة المستغلت‬ •
Zakat Accountant ‫محاسب زكوي‬ •
Zakat Accounting Books ‫الدفاتر المحاسبية الزكوية‬ •
‫السجلت المحاسبية الزكوية‬ •
Zakat Accounting Records
‫مفاهيم المحاسبة الزكوية‬ •
Zakat Accounting Concepts
 ‫تقارير المحاسبة الزكوية‬ •
Zakat Accounting Reports
‫مبادئ المحاسبة الزكوية‬ •
Zakat Accounting Principles
‫إجراءات المحاسبة الزكوية‬ •
Zakat Accounting Procedures
‫جداول المحاسبة الزكوية‬ •
Zakat Accounting Schedules
‫قوائم المحاسبة الزكوية‬ •
Zakat Accounting Statements
 ‫• عمليات المحاسبة الزكوية‬
Zakat Accounting Operations
‫• أساليب المحاسبة الزكوية‬
Zakat Accounting Techniques
‫• طرق المحاسبة الزكوية‬
Zakat Accounting Methods
Zakat Investigations‫فحص زكوي‬ •
Zakat Appraisal ‫ تقدير الزكاة‬/ ‫تقييم‬ •
Zakat Determination ‫تحديد الزكاة‬ •
Zakat Assessment‫تقدير الزكاة‬ •
Zakat Measurement‫قياس الزكاة‬ •
 Zakat Reduction‫تخفيض الزكاة‬ •
Zakat Declaration ‫الفصاح الزكوي‬ •
Zakat Estimation‫تقدير الزكاة‬ •
)‫التقدير الحكمى للزكاة( الخرص‬ •
Zakat Subjective Evaluation
Zakat Judgment ‫تقدير الزكاة‬ •
Zakat Acception‫قبول الزكاة‬ •
‫تعديلت فى القرار الزكوي‬ •
Zakat Declaration Adjustments
Zakat Controller‫المراقب الزكوي‬ •
Zakat Auditor ‫المراجع( المدقق ) الزكوي‬ •
Zakat Investigator‫الفاحص الزكوي‬ •
Zakat Inspector ‫الفاحص الزكوي‬ •
Zakat Annual Report ‫التقرير السنوى الزكوي‬ •
Zakat Position‫الموقف الزكوي‬ •
Zakat Forms‫النماذج الزكوية‬ •
Zakat Shariah Report‫التقرير الشرعي للزكاة‬ •
Zakat Establishment ‫مؤسسة الزكاة‬ •
Zakat Affairs House ‫بيت شؤون الزكاة‬ •
 Zakat Receivers ) ‫مستلمي الزكاة ( مستحقي‬ •
‫الهيئة الشرعية للزكاة‬ •
Zakat Shariah Authority Committee
Zakat Scholar ‫الفقيه الزكوي‬ •
Zakat Fiqh‫فقه الزكاة‬ •
Zakat in Quran‫الزكاة في القرآن الكريم‬ •
Zakat in Al-Sunnah ‫الزكاة في السنة‬ •
Zakat Receivers
.Zakat Receivers ‫مصارف الزكاة‬ •
Zakat Duers ‫مستحقي الزكاة‬ •
The Poor ‫الفقراء‬ •
The needy ‫• المساكين‬
The Administer of Funds ‫العاملين عليها‬ •
Whose Hearts have been ‫المؤلفة قلوبهم‬ •
reconciled to Truth
Those in Bondage ‫• في الرقاب‬

Those in Debt ‫• الغارمون‬

In The Cause of ‫• في سبيل ال‬

Allah
Wayfarer ‫• إبن السبيل‬
 The Holy Quran ‫القرآن الكريم‬ •
Tradition ‫الحديث الشريف‬ •
A Verse of the ‫آية من القرآن‬ •
Correct Hadith ‫حديث صحيح‬ •
Islamic Jurisprudence ‫الفقه السلمي‬ •
Legitimate=Halal ‫الحلل‬ •
Forbidden=Haram ‫الحرام‬ •
•
‫‪Finished‬‬

‫‪Praise be to Allah‬‬

‫الحمد ل الذي بنعمته تتم الصالحات‬