Zakat Calculation Service ( Business )

বিস্তারিত

Business Zakat calculation by IFA Consultancy helps companies pay Zakat correctly every year. Zakat is one of the five pillars of Islam. However, many businesses either skip it or calculate it roughly. As a result, an important act of worship may remain incomplete. Our team removes that risk.

What our business Zakat calculation covers

We review your balance sheet line by line. In addition, we discuss any unclear item with your accounts team.

• Cash, bank balances and short term investments
• Inventory, raw materials and finished goods
• Trade receivables and advances
• Shares, funds and other long term investments
• Deductible short and long term liabilities
• Reserves, provisions and other complex items

How the process works

1. First, you share your latest financial statements.
2. Then, our scholars identify the Zakatable assets.
3. Next, we apply the relevant AAOIFI rules and calculate the amount.
4. Finally, you receive a clear report with the Zakat payable.

Why choose IFA Consultancy

Our scholars hold the CSAA qualification from AAOIFI. Therefore, every calculation follows the AAOIFI Shariah Standards. Moreover, we have worked with companies of many sizes in Bangladesh. As a result, we understand real accounting practice.

Your financial information is an amanah to us. For this reason, our service agreement includes non disclosure clauses.

Why correct Zakat matters for a company

A company balance sheet has many mixed items. For example, some assets are Zakatable while others are not. Similarly, some debts can be deducted while others cannot. Because of this, a small mistake can change the amount a lot. A careful calculation therefore protects both your worship and your peace of mind.

Common questions

How is the fee set? The fee depends on the size of your business. So, please select your option on this page or contact us.

Do you calculate personal Zakat too? Yes. See our Zakat calculation service for individuals.

You may also read our Shariah guidelines or book an appointment with our team.