Calculating zakaat at the end of one's zakaat year
Question
If a person works for some years and every year, he has to discharge zakaat for example in Dhul-Hijjah. (basically his zakaat year ends in that month and discharges zakaat then). After some years, he opens up his own business from the savings he has accumulated. Thereafter, when should he now pay out any zakaat due on him? Should such a person continue discharging zakaat in Dhul-Hijjah, or he has to take a new date because of the business?
Answer
As before, in Zul Hijjah. There is no need for him to have another zakaatable year when he has an existing zakaatable year end.
And Allah Ta'ala (الله تعالى) knows best.
- Answered 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.