Is zakat obligatory immediately upon the money reaching the nisab for the first time, or must one wait for a full year to pass on it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
One of the conditions for to be obligatory is the completion of a full lunar year (hawl). Therefore, whoever acquires wealth does not owe zakat on it until a year has passed over it. Accordingly, zakat is not obligatory on wealth unless it reaches the نصاب (minimum threshold) and a year has passed over it from the time it reached the نصاب. The نصاب for banknotes is the equivalent of 85 grams of gold or 595 grams of silver. The amount of zakat that must be paid is a quarter of a tenth (2.5%).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/130438
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 130438
- 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.
- Read the full ruling
- Read the full answer on Ftawy