• Prayers & Duties >> Zakat & Charity

    Question ID: 32057Country: India

    Title: Mere ku zakat k mutallik zara deep me samjaao k kab zakat wajib hoti hai.

    Question: Mere ku zakat k mutallik zara deep me samjaao k kab zakat wajib hoti hai. Abhi mere pas Bank A/c 51000.00 pade hai kya is pe zakat lagegi.

    Answer ID: 32057

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1012/D=160/K=1432) Zakah shall be wajib when the assets (cash, jewelleries etc) have value equal to nisab (equal to the price of 613 gram silver) from that time up to passing the year. You will have to pay 2.5% as zakah provided the assets are not less than the nisab at the end of year. But, Zakah shall be wajib if the assets change during the year and reach up to nisab at the end of the year.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India