Calculating zakaat

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I want to know how much zakat I have to give. I have started earning on my own. How much amount after completion of one year I have to give and to whom?

Also, if I use money for construction or buying any property, is Zakat mandatory for that purchased land or home?

Bismillaah

A: Work out the total amount of zakaatable assets you have and then give out 2.5 percent of it as zakaat to those who are deserving.

No.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

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