Money obtained before the zakaat date
Question
The condition of Zakaat is that "One should have amount equal or greater than Nisaab amount for more than one year before Zakaat can be paid". My question is, if person receives extra money upon which one year has not passed; does he need to pay Zakaat on this extra money too which does not meet the requirement of "one year old"? Please clarify if zakaat is due only if the amount has been in one's possession for more than a year?
Answer
One will calculate zakaat on the zakaat date. Any money obtained before the zakaat date will be included in one's zakaat. For further details refer to 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)
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