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What amout to give for zakah

Answered according to Hanafi Fiqh by Muftisays.com
salam
muftisaab i knw dat zakah is farz on a mature person n also knw dat zakah becomes farz on dat balig mature person that has got minimum £100 my question is for every £100 he has how much money will he giv in for zakah for every hundred ?

jazakllah hu kayrun ahsanaul jaza

Answer
بسم الله الرحمن الرحيم

Zakat is 2.5% on eligable assets and funds therefore £2.50 will be given on every £100 on the amount on which Zakat is due.

It should be noted that the nisab is not necessarily £100 and may change according to the cost of silver and gold. At present it is approximately £120, however, this is subject to change.

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Mufti Saifur Rahman Sahib
London, UK

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This answer was collected from MuftiSays.com, based in London (UK). It is one of the fruits of Darul Uloom London. Many ‘ulama are involved in answering the Q&A on the site, including: Shaikul Hadeeth Mufti Umar Farooq Sahib, Mufti Saifur Rahman Sahib, Mufti Abdullah Patel Sahib, Maulana Qamruz Zaman Sahib, Mufti Abu Bakr Karolia Sahib.

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