IslamQA.org Logo

My question is that is Zakat is paid on the amount above the Nisab Level or the whole amount Nisab the extra amount?

Answered according to Hanafi Fiqh by Askimam.org

My question is that is Zakat is paid on the amount above the Nisab Level or the whole amount Nisab the extra amount?

Answer

In the name of Allah, Most Gracious, Most Merciful

Assalaamu `alaykum waRahmatullahi Wabarakatoh

Zakat is paid at 2 ½ % on the full amount, Nisab and the extra amount.

And Allah Ta’ala Knows Best

Wassalam

Mufti Ebrahim Desai
Darul Iftaa, Madrassah In’aamiyyah
Original Source Link

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

Find more answers indexed from: Askimam.org
Read more answers with similar topics:
Subscribe to IslamQA Weekly Newsletter

Subscribe to IslamQA Weekly Newsletter

You will receive 5 Q&A in your inbox every week



We have sent a confirmation to you. Please check the and confirm your subscription. Thank you!