ZAKAT HARTA PERDAGANGAN (‘URUDH AL-TIJARAH)

Abstract

This study produced a zakat tariff formula; i.e. the annual Hijri zakat rate (2.5%) divided by the number of days in 1 Hijri year; the result of division multiplied by the number of days in 1 year AD; i.e. 2.5% : (JHTH) x (JHTM).  The calculation result is 2.5%: 354 x 365 = 2.577%. Namely 2.5% zakat rate for hijri year, and 2.577% zakat rate for AD year (as compensation for the difference of 11 in 1 year). The formula for calculating zakat trading assets with hawl hijri year is: (BD) + (U) + (PMD) – (UJT) x 2.5%; i.e. unsold merchandise (BD symbol) plus unspent money (U symbol) plus receivables that may be paid (PMD symbol) minus the debt due (symbol UJT) multiplied by the zakat rate of the hiriah year (2.5%); and the formula for calculating zakat trading assets with hawl AD is: (BD) + (U) + (PMD) – (UJT) x 2.5%. The two formulas for calculating zakat are basically the same, the only difference is the rate of the hiriah year (2.5%) and the rate of the common year (2.577%).