Author: Abu Huraira

National Zakat Conference 2025 IFA Consultancy and Muslim Entrepreneurs Jointly Organize the Groundbreaking Zakat Conference 2025IFA Consultancy and the Muslim Entrepreneur community collaboratively organized a successful Zakat Conference 2025. The event featured esteemed speakers who shared invaluable knowledge on Zakat, including its proper calculation from business balance sheets. A particularly crucial session emphasized the need for every company to have Zakat auditors and specialists—just like tax professionals. The conference also addressed ‘Ushr, explaining how to collect and calculate it, and reigniting its significance in today’s agricultural economy.A Landmark Gathering of Faith, Finance, and Social ResponsibilityIn a remarkable collaboration, IFA Consultancy and the Muslim Entrepreneur community successfully hosted the Zakat Conference 2025—a powerful gathering aimed at reviving, clarifying, and strengthening the understanding and application of Zakat and ‘Ushr in modern contexts.This landmark event attracted Islamic scholars, financial experts, researchers, business professionals, and conscious Muslims from across the country—united by a shared purpose: to deepen awareness and responsibility toward Islamic financial obligations.Empowering Knowledge on Zakat for Individuals and BusinessesThroughout the event, renowned speakers and scholars offered insightful sessions on:The essence of ZakatIts calculation and distributionPractical implementation in personal and corporate financeFrom individuals seeking personal Zakat guidance to entrepreneurs managing complex financial portfolios, the conference catered to all levels of understanding.Key Insights on Zakat from Business Balance SheetsA central focus of the conference was accurate Zakat calculation for businesses—an area often misunderstood. Financial experts shared how to:Identify zakatable assets: cash, stock-in-trade, receivables, investments, etc.Exclude liabilities appropriatelyEvaluate inventory and short-term assetsMaintain annual records in accordance with the Islamic lunar calendarThis session helped businesses understand that Zakat is a structured economic duty, not just a personal matter.The Growing Need for Zakat Auditors and SpecialistsA compelling call to action was the institutionalization of Zakat auditing within businesses. Much like tax consultants, companies are encouraged to appoint:Zakat auditorsShariah finance specialistsThe benefits of this professional approach include:Accurate, Shariah-compliant calculationsTransparency and ethical accountabilityAvoidance of underpayment or errorsEnhanced trust with stakeholders and the Muslim communityExploring Historical and Global Zakat ModelsParticipants explored how Zakat and ‘Ushr were institutionalized during:The Khilafat (Caliphate) Era:Efficient, centralized collectionFair distribution with minimal bureaucracyPreservation of economic justiceModern-Day Models:National Zakat boards in Muslim-majority countriesUse of digital tools and legal frameworksImpact through healthcare, education, poverty alleviation, and microfinanceThese case studies offered insights into how such systems could be localized for greater impact.Conclusion: A Transformative Movement BeginsThe Zakat Conference 2025 was more than just a scholarly gathering—it was a catalyst for:Spiritual revivalFinancial responsibilityCommunity empowermentBy blending traditional Islamic principles with modern financial practices, the event empowered individuals, business leaders, and policymakers to fulfill their divine duties with confidence, precision, and sincerity.From personal wealth to corporate assets, and from farmlands to factories, this conference emphasized that Zakat and ‘Ushr are not merely acts of charity—they are divine systems of justice that, when properly implemented, can transform society and uplift entire communities.

Author: Abu Huraira

National Zakat Conference 2025

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A pioneer institution in Bangladesh that provides training and Shariah consultancy on Halal & Islamic Finance, aiming Towards a Halal & Sustainable Economy.

information

helpful links

To get this "Shariah Tech Guideline" kindly give us your mail.

A pioneer institution in Bangladesh
that provides training and Shariah consultancy on Halal & Islamic Finance,
aiming Towards a Halal & Sustainable Economy.