Zakat is 2.5% of the surplus wealth you have owned for one lunar year. The person eligible to pay Zakat must have been in ownership of the nisab (minimum amount of wealth) for one lunar year before paying Zakat on their surplus wealth. Zakat must be paid as soon as it is due (one lunar year from the anniversary of holding the nisab). Zakah regulates the wealth contribution in its minimum, making it a religious obligation from which the individual cannot free himself or take concessions, since it is the right of society to be devoted to the benefit of the needy and disabled individuals and classes. Answer. Praise be to Allah. Firstly: Whoever possesses wealth on which zakaah is due, and owes a debt, must pay the zakaah; the debt does not make any difference. This is the view of Imam al-Shaafa’i (may Allaah have mercy on him). That is because of the general meaning of the evidence which indicates that zakaah is due on one who possesses Punjab Zakat and Ushr Council (1) The Government shall, by notification in the official Gazette, establish the Council, to exercise general superintendence and control over matters relating to Zakat and Ushr, particularly the Zakat Funds and the maintenance of their accounts, in accordance with the policy guidelines given by the. Here is the calculation method for savings in multiple accounts for your reference: Example: The lowest balance for Account 1 is RM6,500 and for Account 2 is RM3,000; Total lowest balance in both accounts x 2.5% = (RM6,500 + RM3,000) x 2.5% = RM237.50; The zakat on savings is RM237.50. However, if the sum of all the lowest balances is still 94bRd.

rules of paying zakat