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)
Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.