Sheikh i have 160gm of gold… One land..worth rs 5lacs(which is not in use) Saving of rs 3lacs Loan rs 16lacs How much zakaat should i pay Plz help me m really confused.. I have kept aside 2.5% zakaat on gold amount.. But m confused about land n saving..as i have loan Plz guide me
Apr 26th, 2021
Your loan has got nothing to do with your zakat.
You must pay zakat on your gold and also your savings irrespective of your loan.