How is zakat calculated on an amount deposited in an Islamic bank in installments throughout the year and withdrawn from periodically, and what is the minimum amount in Dirhams on which zakat is obligatory, and to whom is it due?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The Hijri year for money should be calculated starting from the day it reaches the (minimum threshold). is to be paid after the completion of the year on the existing money, provided it does not fall below the nisab. The amount of zakat is a quarter of a tenth (2.5%), and it is distributed to the recipients of zakat mentioned in Surat at-. If "dirham" refers to the silver unit, its nisab is 200 dirhams. However, if other circulating currencies are intended, they must be evaluated in gold or silver, and their nisab is equivalent to 85 grams of gold or more.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31162
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- Ftawy
- Original fatwa ID
- 31162
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- . 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