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How much zakat for 1 lakh rupees & 4.6g gold?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
AUS SALAMU ALAIKUM I HAVE SMALL FAMILY 2 SON (9,4) AND WIFE.FROM LAST ONE YEAR I HAVE ONE LAKH RS AND MY WIFE SPEND 4.6(4 TOLE 6 GRAM) GOLD.I DOING A JOB IN A USED 2/4 WHEELER COMPANY.I USING SAID ONE LAKH RS IN PERSONAL BUSINESS.WHAT ZAKATH IS COMPULSORY ON ME. PLEASE ASSIST ME……AUS SALAMU ALAIKUM.

Answer

(Fatwa: 2313/H=716/th=1431)

What do you mean by “your wife spends 4.6 gram gold?? Zakah shall be wajib on the amount of one lakh rupees invested by you in the business as well as on its profit.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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