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Home > Zakat Introduction

Introduction

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Zakat Questions and Answers

Nisab

Defining Zakat

The Zakat Year

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Zakat is a levy on the property of the wealthy for

distribution to society's poor. The Arabic w ord "zakat"
has connotations of purity, increase and blessing, and
paying it purifies, increases and blesses the remainder of
one's wealth.

Loans and Debts

Zakat on Businesses
Recipients of Zakat
Zakat al Fitr

Zakat is 2.5% of all zakatable wealth that has been in

your possession for a lunar year. If your w ealth amounts
to less than a threshold figure, termed the nisab, then
no zakat is payable. This threshold limit is 87.48g (3oz)
of gold, or its equivalent in cash.

Index

"Of their goods, take zakat, so that

you might purify and sanctify

To find out how much this is, open the Online Zakat
Calculator which is regularily updated with the latest
gold prices.

them." (Qur'an 9:103)

Related Questions
Do I have to Pay Zakat?
I gave a lot of money to charity over the year,
doesn't that count as zakat?
What part of my wealth is zakatable?
Can I Pay Zakat in Advance?
Do I Pay Zakat on Wealth Belonging to my Children?
I Saved Some Money for Hajj, do I Pay Zakat on it?
I Have Some Shares, How Do I Calculate What
Zakat I Owe?
Do I Pay Zakat on My Pension Fund?

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