Zakat calculator
- when should you give zakat
- when should you pay zakat
- when do you give zakat al fitr
- how often should you give zakat
Why does a muslim pay zakah...
Zakat: How to Calculate & Whom to Give
Answered by Sidi Salman Younas
Question: I make $100 a week, $400 a month, $5200 a year: How much do i pay for Zakat based on this income?
When do i pay Zakat? Is it weekly, monthly, yearly?
Zakat month in islam
Where can i pay Zakat are there any institutions for paying it?
Answer: assalamu `alaykum
I pray you are well.
Zakat is due on a yearly basis when a morally-responsible Muslim possesses the minimal zakatable-amount (nisab) above and beyond his debts and immediate expenses, and a complete lunar year passes over it.
In calculating one’s Zakat one calculates all his zakatable assets together. “Zakatable assets” include:
(a) Cash – whether in currency form or in the bank,
(b) Gold and Silver,
(c) Money lent out,
(d) Trade goods,
(e) Stocks, and
(f) Agricultural produce.
After one calculates the above, one deducts:
(a) Debts, and
(b) Immediate expenses.
Some Illustrated Examples
It should be known that anyone who possesses a zakatable-minimum (nisab) the obligation to pay Zakat will commence.
As soon as o
- when should you pay zakat al fitr
- how much zakat must you give