Sheikh the nisab amount for silver is equivalent to £239. If a child has £600 in savings since 2013, and then in 2015 they reach the age of puberty, is the zakat due to paid straight away as the possessed the savings for years, or do they wait one year then pay the zakat?
Sheikh the nisab amount for silver is equivalent to £239. If a child has £600 in savings since 2013, and then in 2015 they reach the age of puberty, is the zakat due to paid straight away as the possessed the savings for years, or do they wait one year then pay the zakat?
01Apr
ANSWER:
Zakat is due on the savings regardless whether the owner is a child or has reached the age of puberty.
Sheikh the nisab amount for silver is equivalent to £239. If a child has £600 in savings since 2013, and then in 2015 they reach the age of puberty, is the zakat due to paid straight away as the possessed the savings for years, or do they wait one year then pay the zakat?