16 Muharram 1441

How much should I pay zakat?

By Admin
In Zakat
May 19th, 2019
0 Comments
427 Views

ANSWER:

If you have 85 grams of gold or above for a lunar year, you must give zakat on that.

If you have 595 grams of silver or more for a lunar year,you must give zakat on that.

If you have cash money that is equivalent to 595 grams of silver or more, you must give zakat on that. 

2.5% Zakat is owed on any savings you have had in your possession for over a lunar year, therefore, if it stays with you for a lunar year, you must pay zakat on it.

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