How is Zakat calculated?
Question
Respected Mufti Sahib, How does one calculate zakat for gold and/or money savings? What if someone is in a debt, how would this person pay Zakat? The reason I need to know is because I presently have a car which I purchased on an interest free loan. I am still paying for this car through a monthly installment. Jazakallah Khair.
Answer
Kindly refer to 'Calculation of Zakaat' at www.jamiat.org.za/isinfo/zakaat_c.html
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
- Answered by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.