Is Zakat obligatory on an amount of four thousand Egyptian Pounds saved since August 2012 CE, without being invested?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Zakat becomes obligatory on wealth if it reaches the equivalent of 85 grams of gold or 595 grams of silver, and a full lunar year has passed over it while it remains in the owner's possession. The Zakat rate is 2.5% (one-quarter of a tenth). However, if the amount does not reach the nisab, Zakat is not obligatory on it.
Summarized from the full answer at Ftawy · imported
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- 131906
- Imported
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