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Wealth decreasing below the amount of nisaab

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: If at the beginning of a zakaat year I have above the nisaab level and then throughout the year it goes up and down of the nisaab level over and over again and at then at the end of the year on the day when zakaat is due the amount of wealth is below the nisaab level, do I have to pay zakaat?

Bismillaah

A: No

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

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)


Original Source Link

This answer was collected from MuftiOnline.co.za, 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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