In the context of companies and businesses, it is the excess of zakatable assets over short-term liabilities. Zakatable assets are...

A sukuk issue in which the backing assets (i.e., the assets to be mobilized) don’t yet exist or are not...

A sukuk issue in which the backing assets (i.e., the assets to be mobilized) don’t yet exist or are not...

Zakah is one of the five pillars of Islam (in addition to shahada- i.e., pronounced and believed-in faith, prayer, fasting,...

Zakat is one of the five pillars of Islam (in addition to shahada- i.e., pronounced and believed-in faith, prayer, fasting,...

Zakat, as a type of ibadah, is concerned with money, wealth or property. By definition, it is an amount of...