In Islamic Jurisprudence, assets are divided into:
01.
Currency: which is exchanged in buying and selling. It consists of two kinds:
* Free money:
 gold and silver.
* Bound money:
 banknotes and coins.
02.
Other assets : meant to be utilized in a certain manner. They are of two kinds:
* Durable assets:
 which are possessed for use in different activities e.g. machines and plow animals. This is equivalent to the modern term 'fixed assets'.
* Inventory:
 which is prepared for sale and exchange, whether manufactured or bought to be exchanged in trade.
03.
Animals: camels, cows, sheep and the like. There are three kinds
* Animals raised for milk and breeding. laboring animals possessed for work.
* Animals raised for trade.
04.
Crops and fruits: the products of the land, divided into:
* Those irrigated by machines.
* Those irrigated by rain, springs or taking water from the earth by their roots.


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