Back to search
The question

How is the Zakat calculated on an amount of eleven thousand dollars received after seven years of work, what is the percentage that must be paid from it, and when is Zakat due on it?

Share this answer

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

If the savings are inaccessible, then is obligatory on them for one year only, at a rate of 2.5% of the amount. However, if they are accessible, then zakat is obligatory for every past year since they reached the (the value of 85 grams of gold).

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
31818
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy