Zakat on business industries

Zakat on industries are easy. Anybody who has an industry he can easily calculate his zakat on his industry. From his yearly balance sheet he can calculate zakat.

1)   Earned profit                                       =

2)   Cash  in hand                                       =

3)   Cash in Bank                                        =

4)   Products preserved in warehouse  =

5)   Raw materials                                    =

6)   Raw materials in process                 =

7)   Finished goods                                   =

                                             Totals                               =

Less

1)   Fixed capital(machinery, land, building) =

2)   Goods buy on loan                                  =

3)   Others loan                                               =

4)    Others expenditures                               =

              Grand Total                                =

And thereafter calculate zakat2.50% of the grand total.