Calculating zakaat on one's zakaat date
Question
If I gave zakaat out of $1000, and when I will reach $1000 again, will I have to pay zakaat again
Answer
Every year, on your zakaat date you will calculate your zakaat. On your zakaat date, the total amount of zakaatable wealth you possess after deducting debts and liabilities, you will discharge 2.5% of the wealth as zakaat (provided it reaches the nisaab or more).
For further details refer to http://muftionline.co.za/node/29 and http://muftionline.co.za/node/31
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/31499
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-31499
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