• Prayers & Duties >> Zakat & Charity

    Question ID: 170677Country: india

    Title: Regarding Zakat calculation

    Question: I am a private tutor and earn money through fees of the tuitions. Till end of year 2018, I accumulated 4 lakh. Now this year in 2019, by end Shaban my TOTAL amount in bank would be 8 lakh (that is 4 lakh of year 2018+4 lakh earned from Ramadan of 2018 till Shaban of 2019). I have a loan of Rs 75000. So how much Zakat will I have to pay?

    Answer ID: 170677

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 816/707/SD=09/1440)


    You will have to pay zakah on the remaining amount after deducting 75000 from eight lakh.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India