zakat is 2.5 %
yes if he save money equivalent to 85 grams of gold or more and pass over this money one year
no anything of value
10k- $200 14k- $280 18k- $360
give money ______________________________________ They have to pay Zakat (Alms giving) on the money (or gold and the like) that they managed to save over one lunar year and above certain minimum (that is equivalent to around 85 grams of Gold). Zakat is also due to the income of crops and what is extrated from earth. See links below.
360 ml of water is 360 grams
The zakat system is for Muslims who have cash or a specified amount of gold, silver, or trading goods that they have possessed for a year and have to pay 2.5 percent of it to the poor. The Zakat and Ushr system was enforced in 1980.
8 grams of gold i still 8 grams of gold. so its 8 grams.
Zakat is required to be paid by those who own wealth for a minimum of 85g pure gold or 595g pure silver or money equivalent to this gold/silver for one full year. Accordingly, they pay 2.5 % of what he/she owns of gold/silver or money to the poor people.
360/1000
5 grams of gold is in 5 grams of gold dust
360,000 grams