Islamic tax (zakat) for commercial organizations of the market of confessional services: The method of calculation
Importance This paper discusses the techniques of calculation ofzakat tax for commercial organizations. This is a priority issue for businessmen wanting to comply with the Muslim confession requirements.  Objectives The paper aims to develop a method for calculating the Islamic taxzakat for commercial organizations, considering the Russian specifics of financial statements preparation.  Methods The institutional approach is a methodological basis of the research. It allows to investigate the influence of institutions on the activity of market subjects. As well, I used the general scientific methods of theoretical and empirical cognition.  Results Today, there is no comprehensive method for calculatingzakat for commercial organizations. To solve this problem, the paper proposes nine steps of calculation and distribution ofzakat by commercial organizations.  Conclusions The proposed method ofzakat calculation for commercial organizations shall partially solve the problems of socially vulnerable groups of population, as well as reduce the poverty level in the country.