Calculation grounded in financial records
Computation of Zakat is an integral part of the Islamic faith. Ababsy assists clients by applying financial expertise to the information contained in business financial statements.
Our services
- Computation of annual Zakat payable on business income from financial statements
- Determination of Nisab from financial-statement information
- Financial advice on Zakat from Islamic and secular accounting perspectives
Information required
The specific records depend on the business and reporting period. The engagement begins by establishing the relevant financial statements and supporting information required for a reliable calculation.
Clear explanation
We explain the financial inputs used and the resulting calculation so the client can understand the basis of the work.