Towards A Unified Zakat System

More documents

Recommendations

Info

pt-? JAI 4 r? --I -*. l x:. 9 1X7 4 cý9ý bU Lýý_J 41. s i 11 o, j_:. lLý Laa. ý 31 _}s x.: cu-.. 3L; t l"9 LLB -c 1: " = ý; Lý1S ý.sc!:: c_Irra Ica . ySý:,. ý1º Jt, rº5t ýtJºLiiIr-výSJ: JI ()or:.:, ý..... saýsi ýºý1ý:.., +Ylcat, ju15J:.. U x_1111 l, ýl: 11 : t. c ü ýy__SclSj119 L,ta l -8 . i1 (aý :ý -lJJ4"ç. L4 .i-'Jº_i Yc.YýºJiI? c,ýºýic;u. "sl y. 11 ý, L. ü., Yl ? vI 4.1 upsiIl Lwýlsr..llire cºýº týº9 csýYl --I jjc1=,: JTFYI'I JA ji 'c! i: l J, 4 L, .ay : AS 91: %} l-YLýºJ(yoL: ryL Jlc'ºýi 3`ýýi. L.. tsý I uL. l.. _ll" ýlllýyý. S,, il ý. ýIý. i,.-e-
e:;.-. roUS pL Ll LLAI L; 111 CIA: lSlll tx1. =. e; rj'P LfLadlýiijAýý-jicj3IJt ! y L4s1äI ýýLý 11u.'-J jý cý, LS &Sý11 Lc. Lci.. caý a. 1 Lýc=. 1 L ; J' A jl ; -j jjl
Page 1 and 2:
Towardsa unified system ofZakat acc
Page 3 and 4:
ACKNOWLEDGEMENTSIN THE NAME OF ALLA
Page 5 and 6:
PAGINATION ERROR INORIGINALTHESIS
Page 7 and 8:
ContentsPageDeclarationiDedicationi
Page 9 and 10:
4.4.1.1 Zakat on pastoral animals 1
Page 11 and 12:
6.2.5 The percentage of Zakat thats
Page 13 and 14:
List of tablesPageTable 2.1 Economi
Page 15 and 16:
GLOSSARY OF TERMSFai property acqui
Page 17 and 18:
ChapteroneIntroduction
Page 19 and 20:
interest investment model, where th
Page 21 and 22:
egulating Zakat has been employed a
Page 23 and 24:
four countries due to the limitatio
Page 25 and 26:
Co-operation Council, location, cli
Page 27 and 28:
Chapter seven summarises thefinding
Page 29 and 30:
ChaptertwoGeneral background to the
Page 31 and 32:
in the following section, various f
Page 33 and 34:
have an oil-based economy. Its oil
Page 35 and 36:
anking and investment institutions
Page 37 and 38:
2.1.2 KuwaitKuwait is situated at t
Page 39 and 40:
2.1.2.2 Social, Cultural and politi
Page 41 and 42:
Saudi Arabia is a monarchy, with st
Page 43 and 44:
In addition, Saudi Arabia is also p
Page 45 and 46:
important to the everyday life of S
Page 47 and 48:
and the city of Abu Dhabi is the ce
Page 49 and 50:
2.1.4.2 Social, Cultural and politi
Page 51 and 52:
The Omani economy mainly depends on
Page 53 and 54:
In recent years, the government has
Page 55 and 56:
sv2ýJbbQr N m N n O h CC o O n h O
Page 57 and 58:
11 percent in 1995. In Kuwait, the
Page 59 and 60:
general. All countries, except Qata
Page 61 and 62:
with, they all share the same faith
Page 63 and 64:
" Agreement on linking the electric
Page 65 and 66:
2.4 An example of Zakat regulationA
Page 67 and 68:
offices throughout the Saudi Kingdo
Page 69 and 70:
future is uncertain. In trying to s
Page 71 and 72:
ChapterthreePrinciples of Islamic E
Page 73 and 74:
and equitable distribution of incom
Page 75 and 76:
has two main sources: primary and s
Page 77 and 78:
Although various Islamic schools an
Page 79 and 80:
Muslim countries such as Pakistan a
Page 81 and 82:
This definition also suffers from s
Page 83 and 84:
elationship that a human being must
Page 85 and 86:
The search for lawful wealth is reg
Page 87 and 88:
from place to place and from time t
Page 89 and 90:
Movement towards greater economic a
Page 91 and 92:
3.4.5 Freedom of ownership and acti
Page 93 and 94:
Public ownership is also recognised
Page 95 and 96:
ates in his Code and suggested the
Page 97 and 98:
These last verses clearly show that
Page 99 and 100:
orrower for the period of time the
Page 101 and 102:
choose and what maximises their uti
Page 103 and 104:
eliminated at the outset in Islam.
Page 105 and 106:
aspect of self-interest he or she s
Page 107 and 108:
it can be said that an Islamic gove
Page 109 and 110:
certain circumstances not. to cance
Page 111 and 112:
3.9 Islamic Economics in Practice.A
Page 113 and 114:
deficit for many years. Pakistan an
Page 115 and 116:
It was argued that the goal of well
Page 117 and 118:
economic activities, social and eco
Page 119 and 120:
ChapterfourZakat and its position i
Page 121 and 122:
Although these methods are currentl
Page 123 and 124:
4.1.1 Goals of ZakatMany Muslim sch
Page 125 and 126:
them to contribute positively to th
Page 127 and 128:
een distributed to non-profit Musli
Page 129 and 130:
sectors of the Sunni Islamic sect,
Page 131 and 132:
4.3.2 WealthThe teachings of the pr
Page 133 and 134:
Islam without regard to any debt on
Page 135 and 136:
4.3.2.4 The passage of a yearThe pa
Page 137 and 138:
oken bones, or gouged eyes (Joan, 1
Page 139 and 140:
the total amount becomes due. The d
Page 141 and 142:
example,today is the date that Zaka
Page 143 and 144:
this item should be considered as p
Page 145 and 146:
Prophet's obligations. The amount o
Page 147 and 148:
4.4.4.2 Starting point of Zakat dut
Page 149 and 150:
such as income earned from practisi
Page 151 and 152:
There is a widely known view of Mal
Page 153 and 154:
amount (2.5 percent). In Saudi Arab
Page 155 and 156:
4.5.2 Department of General IncomeE
Page 157 and 158:
He further describes some condition
Page 159 and 160:
year. Zakat is payable on both the
Page 161 and 162:
through proper channels of the Prop
Page 163 and 164:
therefore, make a list of the avera
Page 165 and 166:
unrealised profits should be net of
Page 167 and 168:
Balance Sheet 31-12-19X230-12-XXX13
Page 169 and 170:
literature behind the selection of
Page 171 and 172:
Zakat system supposedly to be appli
Page 173 and 174:
ChapterfiveResearchmethodology5.0 I
Page 175 and 176:
5.2 Research questions5.2.1 Zakat p
Page 177 and 178:
distribution to those deserving it
Page 179 and 180:
egulation, 1988). Companies, using
Page 181 and 182:
5.2.5 Zakat regulationRegulating Za
Page 183 and 184:
capital owners (Article 70).The mea
Page 185 and 186:
authorities and securities regulato
Page 187 and 188:
5.2.8 Variations in accounting meas
Page 189 and 190:
applicability to part of the capita
Page 191 and 192:
then they must be discounted since
Page 193 and 194:
as well as with the standard for th
Page 195 and 196:
5.2.10 Percentage of ZakatWhen Zaka
Page 197 and 198:
5.2.12 Zakat location in the annual
Page 199 and 200:
Zakat payer are added to the profit
Page 201 and 202:
ich. This is what Islam stands agai
Page 203 and 204:
eing to make it Islamic, strong, gr
Page 205 and 206:
the present study would have been p
Page 207 and 208:
a wide geographical area, involving
Page 209 and 210:
The fifth and last part sought the
Page 211 and 212:
academics, government officials, in
Page 213 and 214:
Kuwait. Some individual investors c
Page 215 and 216:
out of 80 (31 percent) and the Unit
Page 217 and 218:
important, or agree to disagree. Th
Page 219 and 220:
KW=12LNNk2 I+ 1) j=1Ellýj-3(N + 1)
Page 221 and 222:
ChaptersixStatisticalanalysisofthes
Page 223 and 224:
analysis of respondents background
Page 225 and 226:
Education and age are not the only
Page 227 and 228:
years. Twenty-three percent reveale
Page 229 and 230:
6.2 Major results6.2.1 Zakat paymen
Page 231 and 232:
Al-Sultan (1997) who argued that Mu
Page 233 and 234:
Department of Zakat, but not to the
Page 235 and 236:
ox. It is highly likely that the re
Page 237 and 238:
to the national banks where the mea
Page 239 and 240:
difference in means is highly insig
Page 241 and 242:
collect and distribute only 1.25 pe
Page 243 and 244:
The ranking of institutions' means
Page 245 and 246:
Firstly, occupation seems to affect
Page 247 and 248:
It was, however, roughly find two f
Page 249 and 250:
collection), as the chi-square stat
Page 251 and 252:
financial statements such as profit
Page 253 and 254:
like to be on the safe side as far
Page 255 and 256:
It is uncontested that the degree o
Page 257 and 258:
espondentsseem to share some doubt
Page 259 and 260:
score to themselves on the suggesti
Page 261 and 262:
statistics were not significant at
Page 263 and 264:
Secondly, Gulf countries have not y
Page 265 and 266:
Table 6.13(b)Reasons behind low lev
Page 267 and 268:
Alms (Zakat) are for the poor, the
Page 269 and 270:
Table 6.14(b) Appointment and pay f
Page 271 and 272:
five out of seven items, suggesting
Page 273 and 274:
discussed earlier remains unchanged
Page 275 and 276:
4.61. The opinion of accounting fir
Page 277 and 278:
6.5 SummaryThis chapter has empiric
Page 279 and 280:
ChaptersevenSummaries,conclusionand
Page 281 and 282:
7.1.2 Chapter twoThis chapter provi
Page 283 and 284: (profit) with the borrower. Any dea
Page 285 and 286: countries, Zakat is paid by all tho
Page 287 and 288: Another advantage is the accumulati
Page 289 and 290: This survey reveals that almost 40
Page 291 and 292: of the total Zakat amount due. Over
Page 293 and 294: Most respondents prefer a partnersh
Page 295 and 296: measurement and disclosure of Zakat
Page 297 and 298: measurement be re-defined in such a
Page 299 and 300: " Non-monetary elements, which incl
Page 301 and 302: Table 7.1A sample of the recommende
Page 303 and 304: 7.3.2.2 AllowancesThe treatment of
Page 305 and 306: Zakat at 1.5 percent of the base ra
Page 307 and 308: Traditionally, Zakat was paid to th
Page 309 and 310: eason why the survey study covered
Page 311 and 312: should be set up to at least discus
Page 313 and 314: BIBLIOGRAPHYAbbas, F. 1988. "Anivar
Page 315 and 316: Al-Shafi'i,al-Imam, 1987. al-Shafii
Page 317 and 318: Gambling T. and Abdel Karim, R. 199
Page 319 and 320: Kuran, T. 1992. The Economic system
Page 321 and 322: Taylor, T. W., and Evans, J. W. 198
Page 323 and 324: CARDIFF BUSINESS SCHOOLDirectorProf
Page 325 and 326: S2. If the answer to question 1 is
Page 327 and 328: 2. To what extent do you agree or d
Page 329 and 330: i" iii. 5. ijp'ji ý)ij;; -iK.d. 9.
Page 331 and 332: cycL. oll o: ri >ý_='°9 tMýa5l1
Page 333: G, i7'1 °ßi1 5'° C, .. c ýSý y
Page 337 and 338: " Royal Decrees and Orders "
Page 339 and 340: ZAKAT REGULATIONS (1)Article I: The
Page 341 and 342: 7- For those who do not keep reliab
Page 343 and 344: No: 17/2/28/8799(»Date: 8/9/1370 H
Page 345 and 346: No. 1 7/2/28/577Date: 14/3/1376 H19
Page 347 and 348: Royal OrderTo: Mohammed Sorour -Riy
Page 349 and 350: No. 6115/1(1)Date: 5/1/1383 H.With
Page 351 and 352: 'Zakat & Income Tax Department Bran
Page 353 and 354: Kingdom of Saudi Arabia.Ministry of
Page 355 and 356: Ministry of Finance & National Econ
show all

Towards A Unified Zakat System

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?