The Business of Zakat explores the rulings and responsibilities of zakat in the context of business and commerce. It covers the conditions, calculations, and categories that apply to business assets, trade goods, partnerships, and investments, equipping students with the knowledge to fulfill this key pillar of Islam with confidence and clarity.
Taught by Shaykh Abdulwahid Stephenson, the course draws upon his studies in Islamic Jurisprudence at the Islamic University of Madinah to help students navigate the practical application of zakat in modern commercial life.
Students will learn:
• The importance of zakat and its role in purifying wealth
• How to calculate zakat on business assets and trade goods
• The difference between personal zakat and business zakat
• Zakat on partnerships, shares, and investment portfolios
• Practical examples and case studies for modern business scenarios
• A clearer understanding of how to fulfill this vital Islamic obligation accurately
An essential course for business owners, investors, and anyone seeking to manage commercial wealth in accordance with Islamic principles.