Zakaat on cash
Question
I have saved R 10 000 for close to a year, however 1 month from completing a year, I had to use R 5000. Only R 5000 is eventually saved for a year. Is zakaat only due on the remainder of the saving amount i.e. R 5000? Please advise further.
Answer
Refer to: http://muftionline.co.za/node/31 and http://muftionline.co.za/node/33
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/9584
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-9584
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