Zakat Calculator Questions
In another thread, you just described that zakat is due on profit in industrial production. That makes sense. Initially I had understood that zakat has to be given on the amount of products. For example if someone has a textile mill and produces 100 packets of cloth per day, then he has to pay ten packets as zakat per day. That was not equivalent to agricultural produce. If 5 or 10% zakat is levied on the profit earned on sale or cost of those 100 packets, that is right. Am I right as per your stated principles of zakat? I will end my discussion here as I have got the answers of other questions.