When is Zakat due date?
Zakat is due after one Lunar (Hijri) year starting from either the first day you acquired the amount of Nisab or the day you paid Zakat last year.
What is Zakat?
Zakat is an obligatory duty and one of the five pillars of Islam. It is mandatory when two conditions are simultaneously satisfied, which are Nisab (threshold) and the Due Date.
How to pay Zakat on asset investments?
There are different rates of Zakat that apply to different types of assets. According to Imam Malik, Zakat is due on three types of assets only: “the produce of plowed […]
Can you recommend an easy book on how to calculate Zakat?
Please consider reading this simple guide Zakat book as it gives you a wider spectrum on all the questions you had inquired about.
