Zakat Calculator; Cards - LG KP500N User Manual

Islamic Application

Zakat Calculator

Zakat is the due by a person on his
wealth (and not his income), which
has remained with him/her for one
Islamic year.
Each Asset is categorized and a fixed
percentage of the asset is donated
during particular period.
Zakat Assets : Calculates the
zakat for each asset.
Zakat Payable : Displays the Total
Zakat Payable and Summary of
each asset Zakat Payable.
The list of supported assets is given
below
1. On Gold.
2. On Silver.
3. On Precious Stone.
4. On Cash.
5. On Investments.
6. On Land Property.
7. On Rent.
8. On Business
9. On Agriculture.
106 LG KP500N | User Guide
10. On Animals.
11. Other Earnings.
Tax payable for Gold, Silver, Stones,
Cash, Investments, Land, Rent,
Business and other earnings are
calculated as below.
2.5% of Total Value on asset is
Zakat payable.
Tax payable for agriculture 10% of
total amount By Rain Water is zakat
payable, 5% of Total Amount By
Irrigation is zakat payable, 7.5 %
of Total Amount By Both is zakat
payable.
The following list of animals are
supported
1. Sheep/Goat.
2. Camel.
3. Cow/Ox.

Cards

It is an interface for the user to send
pre-stored Islamic images through
MMS.