INDIVIDUAL INVESTORS' LIABILITY TO ZAKAT: A Comparative Analysis of Assets Valuation Models of Saudi Arabia, the Sudan and Malaysia
By
Author
Presented To
Department of Administration
ABSTRACT
PLEASE NOTE:
Of the five fundamental pillars of Islam, Zakat and Holy Pilgrimage to Mecca are the less understood by Muslims, largely, because pilgrimage is only prescribed on those who are healthy and have the means to travel and Zakat equally is prescribed on those who have earned enough to save minimum of N80,000 for 12 months.
The subject of Zakat has even become less popular among the investing public as it is always wrongly associated with liquid cash not
only encompassing all growing assets. The contention, is not only limited to whether to pay Zakat on business assets, but more importantly the valuation framework, which many willing payers find to be very tasking and easy to avoid payment on such ground. The little contribution of this work is more of creating awareness on the Zakatability of business assets and also shedding more light in the complex valuation framework within the context of modern production mechanism and business arena.
We have reviewed the assessment and collection methods of Saudi Arabia, Malaysia, and the Sudan, which # based fundamentally on shareholders fund (owner's equity) and networking capital concepts.
In order to effectively and religiously discharge Zakat obligation, working within the context of "it is better to overpay than deliberate underpay". It became imperative to reconsider the valuation of growing assets. The objective is to neutralise the effect of mingling of the sources and application of funds in business.
PLEASE NOTE:
That this Material is a Complete Project, Well Written and Contains 1 to 5 Chapters.
Click the download Button Below to Download the complete work. OR Call/WhatsApp Admin on: 09019904113 for Inquiry. Thank You
- FOR ENQUIRY
- [email protected]
- 09019904113
About E-Project Material Centre
E-Project Material Centre is a web service aimed at successfully assisting final year students with quality, well researched, reliable and ready made project work. Our materials are recent, complete (chapter 1 to Minimum of Chapter 5, with references) and well written.INSTANT ACCESS! INSTANT DOWNLOAD. Simply select your department, choose from our list of topics available and explore your data
Why Students Love to Use E-Project Material ?
Guaranteed Delivery Getting your project delivered on time is essential. You cannot afford to turn in your project past the deadline. That is why you must get your project online from a company that guarantees to meet your deadline. e-Project Topics Material Centre is happy to offer instant delivery of projects listed on our website. We can handle just about any deadline you send our way. Satisfaction Guaranteed We always do whatever is necessary to ensure every customer's satisfaction
Disclaimer
E-Project Topics Material Centre will only provide projects as a reference for your research. The projects ordered and produced should be used as a guide or framework for your own project. The contents of the projects should be able to help you in generating new ideas and thoughts for your own project. It is the aim of e-Project Topics Centre to only provide guidance by which the projects should be pursued. We are neither encouraging any form of plagiarism nor are we advocating the use of the projects produced herein for cheating.
Terms and Condition
Using our service is LEGAL and IS NOT prohibited by any university/college policies You are allowed to use the original model papers you will receive in the following ways:
- As a source for additional understanding of the subject
- As a source for ideas for you own research (if properly referenced)
- For PROPER paraphrasing ( see your university definition of plagiarism and acceptable paraphrase) Direct citing ( if referenced properly)
