(a) Mr
Subject:BusinessPrice: Bought3
(a) Mr. Alam has the following assets. TK. Cash 30,500 Balance with bank: Current account 25,000 Savings 120,000 Fixed deposit 950,000 Purchase of savings certificates 1,910,000 Purchase of land & building 1,800,000 Investment of primary and second shares 800,000 Loan from IBBL 230,000 Profit from business 100,000 Outstanding debt 400,000 Ending inventory of your showroom 210,000 He also has some jewelries- gold 6 tola and silver 60 tola. If the current market value 0 of gold and silver per tola is Tk. 48,000 and Tk. 800 respectively, calculate your total amount of zakat liability for the year 2019? Before calculating his total amount of zakat, if you paid an amount of zakat Tk. 5,000; what would be net zakat liability.
