Saudi introduces new regulatory amendments to improve zakat collection
Now Reading
Saudi introduces new regulatory amendments to improve zakat collection

Saudi introduces new regulatory amendments to improve zakat collection

The government will assume the zakat liability on state-issued debt instrument

Avatar

Saudi General Authority of Zakat and Tax has introduced new regulatory amendments to improve zakat collection, the authority said in a statement released by the government communication office on Friday.

The authority said the government will assume the zakat liability on government-issued debt instruments to encourage the local debt market.


© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top