Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much Zakah do we give?

zakah
0
Posted

How much Zakah do we give?

0

The amounts are the following: 2.5 percent-on annual savings that are Zakatable 5 percent-on agriculture being taken care of by a farmer who is planting and irrigating from his own money. During harvest time, he pays five percent from the total crop. 10 percent-on a farmer’s product if it is being irrigated by rain 20 percent-on resources like oil or precious metals (i.e. gold, silver) which you find on a piece of land that you own. Sakr notes that this is “your property, no one has the right to nationalize it”. You would pay 20 percent on what you produced in one year. Question #4: Do I pay Zakah on my house and car No, as long as you have one house, whether you have paid it off or not. If you have a second house for investment purposes, this is Zakatable. You would pay 2.5 percent on the total saved from the house. This excludes what is spent on maintenance or property taxes and insurance. It’s the same thing for a car. If you are renting a car to someone, this is considered a busine

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123