Exemption of Zakat from Income of Employee

[faisal_desperado]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by fpaimran</i>
<br />Dear faisal,

Is dividend paid by Asset Management Company to a banking company is exempt from Zakat? Could you give some reference to the circular or notification etc?

Regards
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">


Dear,
As per Zakat and Ushr ordinance 1980, there is not any such specification, however, as soon as i get any such information / notification / circular then i would let you know.


Regards