How is the Zakat calculated for an amount of EGP 27,000, distributed between a bank savings certificate and a declining current account, knowing that the father annually pays Zakat on the entire amount?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The on twenty-seven thousand pounds is six hundred and seventy-five pounds, because the zakat on money is a quarter of a tenth (2.5%). This is based on what was reported from Aisha and Ali, may Allah be pleased with them, that the Prophet, peace and blessings be upon him, used to take half a dinar from every twenty dinars or more, and one dinar from forty dinars.
Summarized from the full answer at Ftawy · imported
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- 159093
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