The Zakat container for banks has not changed in the new regulations, but the access mode has changed

Hamoud al-Harbi, spokesman for the General Authority of Zakat and Revenue, said the Zakat container meant for banks and financial companies had not changed to 2.5%, but that the method of access to this container had been modified to calculate the Zakat.

In an interview with Al Arabiya TV, he explained that the rules of the new regulation reach a very clear pot of Zakawi that encompasses the fundraising activities and the sources of funding used for the assets of these institutions and companies, adding that this This change is due to the fact that these companies are characterized by high competitiveness and development.

Companies that keep books of account and have financial statements, stated that their treatment would not differ from the previous list, while they were dealing with companies that did not keep their activity books or their financial statements. a method of discretion to reach Zakat with more precision and transparency, so as to be more flexible than the previous one. .

According to the data available "Numbers" General Authority of Zakat and Income, last week, The decision of the Minister of Finance and the Chairman of the Board of Directors of the Authority to publish the Regulations for the Execution of Zakat Recovery, the Decision of the Zakat Calculation Rules for Financing Activities and the Decision of the State to pay Zakat as well as income tax from investment in government bonds.