Define the term abounding. Define the term Nisab and explain how it is calculated. Describe the kinds of money or activity that uses the gross amount for calculations. Describe the kinds of money or activity that uses the net amount for calculations.

Describe the concept of Zakah
Describe Zakatul-Fitr and its purpose
Discuss paying Zakatul-Fitr in money instead of food
Name the recipients of Zakatul-Fitr.
Explain the annual rule for calculating alms on money.
Describe the purpose of the rule of independence of each year.
Explain why alms are not due on fixed assets or things for personal use.
Define the term abounding.
Define the term Nisab and explain how it is calculated.
Describe the kinds of money or activity that uses the gross amount for calculations.
Describe the kinds of money or activity that uses the net amount for calculations.