aslam o alekum! may ALLAH always smile upon you all! amin i read at your site that we need to pay zakat on 40th part of our wealth.in this regard i want state that we have been paying zakat at the rate of 2.50%. is this correct? wa salam
الجواب حامدا و مصلیا
Yes. You have understood correctly. The 40th part which is given in Zakat is 2 ½ % as per calculation according to percentage.