Back to search
The question

Is Zakat obligatory on a sum of 3,500 British Pounds, and if it is, when should the giver pay it and what is the obligatory amount, keeping in mind that he already gave a portion of the money with the intention of Zakat last September?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

A quarter of a tenth (2.5%) of the amount that has reached the and on which a full year (hawl) has passed must be paid. The nisab is the equivalent of 85 grams of gold or 595 grams of silver. A quarter of a tenth is calculated by dividing the amount by forty. If what you paid in is equal to a quarter of a tenth, then you owe nothing further. If it is less, then complete it. If a full year has not passed, then zakat is not obligatory, but it is permissible to pay it in advance.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
138359
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy