When does Zakat become due?
After one lunar year, on that due-date, one sees if one has nisab . If so, zakat is due on all of one’s monetary assets (cash, gold, silver, trade goods, […]
After one lunar year, on that due-date, one sees if one has nisab . If so, zakat is due on all of one’s monetary assets (cash, gold, silver, trade goods, […]
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Those who spend their wealth in charity day and night, secretly and openly—their reward is with their Lord, and there will be no fear for them, nor will they grieve.”
– The Holy Quran 2:274
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