Offering Zakat is an important component of Islamic culture; therefore, we help businesses calculate and organize their Zakat dues as part of their annual financial duties. Given the various scenarios in Zakat calculation and our expertise in end-to-end financial auditing and accounting services, our customers benefit from:
- Nisab calculation
- Estimating Zakat assets and Zakat liabilities
- Realization of multiple cash and revenue streams for businesses
- Asset categories and related Zakat calculation
- Lunar Year and time-frame based Zakat calculation
- Zakat calculation with respect to donations and Donor’s Bill of Rights
- Zakat calculation for holding of parent companies based on consolidation of financial statements of its subsidiaries
- Auditors report on declarations as per the specific country based prescribed formats
