Calculating one’s zakaat

Answered according to Hanafi Fiqh by

Q: If someone doesn’t have that much gold and silver on which one has to pay the zakat but does have the amount in the bank which is more than the equivalent amount of silver and that is in running process means it increases or decreases every month but didn’t got below the equivalent amount of silver on which one is liable to pay the zakaat, then what is the shariah rule on this situation?


A: If the total amount of zakaatable assets (i.e. gold, silver, cash, etc.) you have in your possession reaches the nisaab amount of zakaat (after deducting your debts and liabilities) and the wealth remains with you for an entire lunar year, then zakaat will be waajib on the wealth even though the wealth decreased during the year (provided the entire money was not used up).

For further details refer to:

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


Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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