Zakah on income : Zakah on increments to savings

Fatawa Question

Assalamoalikum, Thank you brother for your answer. I just want to confirm like for example if I have 30,000 rs after adding everything at the beginning of the year and this is nisab value le t suppose then after 354 days I have 100,000 rs then I pay Zakaat on 30,000 That I had at the beginning of the year ? Also I want to know that is it mandatory to give Zakaat to the poor and needy people in your area only or can I give it to hospitals etc. which provide for the medical facilities of poor people. If I give it to the hospitals will my Zakaat be valid. Thank you and may Allah bless you for your help.

Fatwa

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Publication Date

2007-09-29

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-785929

American Psychological Association (APA)

Qahf, Mundhir. 2007-09-29. Zakah on income : Zakah on increments to savings. .
https://search.emarefa.net/detail/BIM-785929

Modern Language Association (MLA)

Qahf, Mundhir. Zakah on income : Zakah on increments to savings. 2007-09-29.
https://search.emarefa.net/detail/BIM-785929

American Medical Association (AMA)

Qahf, Mundhir. 2007-09-29. Zakah on income : Zakah on increments to savings.
https://search.emarefa.net/detail/BIM-785929