Adjusting the zakaat rate
Q:
a) Do you agree with those scholars that say that an adjusted rate of Zakaat i.e. 2.577 % should be used when the figures used to calculate ones zakaat are obtained from financial information that are released on an annual basis (solar calendar) example Annual Financial Statements of multinational companies.
b) If Mufti saheb does not agree with the above, what alternative does he suggest to calculate zakaat in the absence of any other financial information?