Question: how zakat is calculated in saudi arabia?
Answer: Where Zakat-payer's fiscal period does not match Hijri year, Zakat shall be calculated on daily basis (i.e., daily rate is 0.00007%), therefore, Zakat rate for Gregorian year (i.e., 365 days) will be 2.578%, unless the Zakat base is the net adjusted profit, Zakat rate is 2.5% regardless the fiscal period's duration.