Islamic Financial Accounting in the Limits of Zakat Percentage on Gold, Silver, Currency and Securities Jewelry

Abstract

The purpose of accounting in the theme of this article is recording whether personal property or individual companies are included in the category of mandatory zakat or not, so that property owners do not feel confused about managing their assets, they just have to distribute them later. In this article, it will be explained starting from the reasoning of a concept, then moving on to the thinking stages and ending with a finding, namely a conclusion. In this discussion we will also note the limits of assets subject to zakat and the percentage or level of expenditure. The aim of this research is to provide an understanding to readers in particular and the public in general regarding all assets, including household furniture and commercial goods which need to be an important record (personal accounting) in managing and issuing zakat on these assets if they meet the requirements. Zakat is mandatory. The method in this research uses library research, where this literature review is part of qualitative research.