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Zakat calculation algorithm for those working in the field of real estate management

Abstract

The article proposes a methodology for calculating zakat for those working in the field of real estate management, taking into account the specifics of the industry. In Russia there are not many scientific papers on the calculation of zakat, taking into account the specifics of particular sectors of the economy in which zakat payers work and earn. Basically, all of them are divided into two areas: academic research and works written by religious figures. Economists without a theological education are excellent at answering financial questions, but they are not competent in how to pay zakat if there was a cash gap. Theologians have no special education and do not have sufficient knowledge in financial and economic issues. The above is compounded by the fact that there is a certain specificity in the finances of the branches of the national economy, which is determined by technical and economic features: starting with the different nature of cash flows and ending with the different organization of the production process with the resulting consequences for calculating zakat. All this makes this issue very relevant. The results of this article can be used both for the needs of the payers themselves and to develop methodological recommendations for calculating zakat in other sectors of the economy.

About the Author

L. K. Saenko
Financial University under the Government of the Russian Federation
Russian Federation

L.K. Saenko, PhD in Economics.



References

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Review

For citations:


Saenko L.K. Zakat calculation algorithm for those working in the field of real estate management. Kazan economic vestnik. 2024;1(3):38-45. (In Russ.)

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ISSN 2305-4212 (Print)