Search for answers or browse our knowledge base.
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, etc.). If one does not have nisab, then no zakat is due.
For each subsequent year, on that due-date, as long as one has nisab, one pays zakat on all of one’s monetary assets: whether saved from the previous year or acquired since.
We rely on our generous community to create a lasting impact and ensure the continuous operations of your Masjid as the gathering place, school, and house of worship for Muslims across the Triangle.
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
Copyright © 2025 Islamic Association of Raleigh. All rights reserved.
