Question

Conditions of Zakah

367

Question

I paid Zakat on my wealth last year. However, there is no addition this year. Do I have to pay Zakat again this year on the same wealth for which I paid last year?

Related Fatwa

Ruling on Using Fundraising Proceeds for Event Expenses

The entrusted does not guarantee damage unless he has transgressed or was negligent

Wants to Give Zakat Money to His Indebted Brother

Giving Zakat to People Affected by Natural Disasters Such as Earthquake, Flood, and Fire

Zakat on Purchased Property

The Money of Zakat Is Paid Out to Its Beneficiaries in Cash

No Zakaah on money in possession less than lunar year

Accepted Answer

Praise be to Allah, the Lord of the Worlds; and may His blessings and peace be upon our Prophet Muhammad and upon all his Family and Companions.

If the wealth you have equals the value of 85 grams of gold and it has been in your possession for the previous lunar year, then it is subject to zakah, i.e. you have to pay 2.5% of it every year unless its value becomes less than the value of 85 grams of gold.
Allah knows best

Fatwa

Conditions of Zakah

Question

Answer

Related Fatwa

Ruling on Using Fundraising Proceeds for Event Expenses

The entrusted does not guarantee damage unless he has transgressed or was negligent

Wants to Give Zakat Money to His Indebted Brother

Giving Zakat to People Affected by Natural Disasters Such as Earthquake, Flood, and Fire

Zakat on Purchased Property

The Money of Zakat Is Paid Out to Its Beneficiaries in Cash

No Zakaah on money in possession less than lunar year

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