Towards A Unified Zakat System

" Non-monetary elements, which include for example someof the elements of the current assets such as variousstock piles, investments in bonds, shares and deeds,These elements must be re-assessed at the end of thefiscal period under consideration, since this can bepractically carried out and since they are actuallyaffected by fluctuations in prices due to cases ofeconomic inflation and recession.7.3.1.2 Net profit achieved during the periodNet profits achieved during the period are those measurableprofits according to the traditional principle of comparingrevenue with expenditure in the accountancy concept.Revenue and expenses are determined as follows.1. Revenue: this should consist of the following." Normal revenue the firm achieves due to selling itsgoods, produce or services to others. That is, revenueassociated with the normal activity of the firm." Non-normal revenue and other gains achieved by thefirm during performing its activities such as capitalprofits due to dealing with its fixed assets or those277