Zakat Al Mal Calcul. Zakat is payable at 2 5 of the wealth one possesses above the nisab. Deposited for some future purpose e g.
This ramadan your zakat has the power to save lives. Zakat is an obligation upon any muslim who is of age and sound mind and owns the minimum amount of net worth for one year it is a revolutionary concept with the potential to ease the suffering of millions around the world. These can vary year to year which makes knowing how much to pay quite difficult.
Zakat al mal commonly known as zakat.
Given out in loans. Paying zakat is meant to remind muslims to be appreciative of the blessings that allah subhana wa ta ala has bestowed upon them and to help empower those who have less. Common questions we receive are how much zakat do we pay. Zakat is payable at 2 5 of the wealth one possesses above the nisab.
