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Zakaat with Nisaab

Answered as per Hanafi Fiqh by CouncilofUlama.co.za

Q: A person’s assets are as follows: Nisaab: R3,000; Zakaatable assets: R10,000; Liabilities: R6,000; Balance: R4,000 = Zakaat will be waajib. I would like to know what amount I am required to pay zakaat on: is it the full R4,000 or the R4,000 minus the nisaab of R3,000 (R1,000)?

A:You will pay on the full R4,000.

This answer was collected from CouncilofUlama.co.za, which is operated under the supervision of Council of Ulama Eastern Cape, South Africa.

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