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The question

- Is the Zakat on an employee's wealth to be calculated from the gross amount or the net amount after deducting taxes and other deductions? What is its amount and how is it to be paid (annually or monthly)? - Can the owner of wealth that was entrusted to someone for investment and was entirely lost in the first operation count the lost money as Zakat for his wealth? If so, to what extent?

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

is not obligatory on an employee's salary except under two conditions: the salary itself reaches the , or it reaches the nisab when combined with other money, gold, silver, or trade goods; and a full lunar year passes over it. If both conditions are met, Zakat becomes obligatory at a rate of 2.5%. If they are not met, Zakat is not obligatory. It is not permissible to count the amount calculated for speculation () or taxes deducted from the salary as Zakat.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
101220
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