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The question

How is the value of Zakat calculated on saved money that has reached the nisab and is increasing monthly?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The on salary has two conditions: reaching the (minimum threshold) and the passing of a full hawl (lunar year) on the money. The easiest method is to pay zakat on the portion of the salary that has remained after a full year has passed since it reached the nisab. For example, if someone has an amount reaching the nisab from their salary, they would pay zakat on it the following Ramadan. If they wish to calculate a separate hawl for each salary amount they save, they may do so, but the first method is easier and more beneficial for the poor.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Source platform
Ftawy
Original fatwa ID
60032
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy