Accounting of Zakat and taxes: An applied study on the systems of Zakat collection and Saudi taxes
55.20ر.س
Product description
The difference between Zakat and tax: Zakat is the third pillar of Islam and is a financial obligation; it is a mandatory right on specific wealth for a specific group at a specific time. As for tax, it is an obligatory financial deduction determined by the state and required from individuals and entities to be paid to the state definitively, without compensation, so that the state can carry out its economic, social, and political functions. From here, the similarities and differences between Zakat and tax can be summarized.


