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Nisab of Zakah : Nisab and other matters of Zakah
Fatawa Question
Salam, How much is the Nisab that should last for one year ? The 2.5 % is it from the Nisab amount or only from the rest above the Nisab ? Or from the whole money ? If the nisab is 1000 $ which means ca. 800€, and I had 800€ that last for the whole year, 2.5 % of the 800 € or 2.5 % from the 300 € I have over the 800 € ? Or 2.5 % of the 1100 that I have now ? What if I have more than 1600 € (2 x Nisabs), do I calculate only on the first 800 € ? Wassalam !
Fatwa
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Publication Date
2007-03-20
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-785874
American Psychological Association (APA)
Qahf, Mundhir. 2007-03-20. Nisab of Zakah : Nisab and other matters of Zakah. .
https://search.emarefa.net/detail/BIM-785874
Modern Language Association (MLA)
Qahf, Mundhir. Nisab of Zakah : Nisab and other matters of Zakah. 2007-03-20.
https://search.emarefa.net/detail/BIM-785874
American Medical Association (AMA)
Qahf, Mundhir. 2007-03-20. Nisab of Zakah : Nisab and other matters of Zakah.
https://search.emarefa.net/detail/BIM-785874