Is Zakah required every year ? : should Zakah be paid every year on the same asset ?

Fatawa Question

As-Salamu Alaykum how are you Dr. Monzer ? Suppose, I have a sum equivalent to the value of more than 85 grams of Gold and paid 2.5 as Zakat last year... Do I still need to pay zakat this year and the years to come if I still hold the said amount with me ? If yes, please let me have the Qur'anic proof or evidence of Prophet's (PBUH) Hadeeth on this. May Allah's mercy be upon you all....

Fatwa

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Publication Date

2007-09-10

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-785855

American Psychological Association (APA)

Qahf, Mundhir. 2007-09-10. Is Zakah required every year ? : should Zakah be paid every year on the same asset ?. .
https://search.emarefa.net/detail/BIM-785855

Modern Language Association (MLA)

Qahf, Mundhir. Is Zakah required every year ? : should Zakah be paid every year on the same asset ?. 2007-09-10.
https://search.emarefa.net/detail/BIM-785855

American Medical Association (AMA)

Qahf, Mundhir. 2007-09-10. Is Zakah required every year ? : should Zakah be paid every year on the same asset ?.
https://search.emarefa.net/detail/BIM-785855