Accounting
Describe the concept of Zakah
Describe Zakatul-Fitr and its purpose
Discuss paying Zakatul-Fitr in money instead of food
Name the recipients of Zakatul-Fitr
Explain the annual rule for calculating alms on money
Describe the purpose of the rule of independence of each year
Explain why alms are not due on fixed assets or things for personal use
Define the term abounding
Define the term Nisab and explain how it is calculated.
Describe the kinds of money or activity that uses the gross amount for calculations
Describe the kinds of money or activity that uses the net amount for calculations
