There are two types of zakat: Zakat al-Fitr is distributed at the end of Ramadan. The amount is based on the number of dependents in the household. The purpose of it is to provide the poor with food for the feast. Ideally it is paid in the form of food, rather than cash. The other type of zakat is a percentage of a person's financial holdings throughout the year, and it must be paid once a year, although a person can any date he/she likes. Many people also like to pay this form of zakat in Ramadan, because acts of worship performed in Ramadan earn greater rewards. There are two types of zakat: Zakat al-Fitr is distributed at the end of Ramadan. The amount is based on the number of dependents in the household. The purpose of it is to provide the poor with food for the feast. Ideally it is paid in the form of food, rather than cash. The other type of zakat is a percentage of a person's financial holdings throughout the year, and it must be paid once a year, although a person can any date he/she likes. Many people also like to pay this form of zakat in Ramadan, because acts of worship performed in Ramadan earn greater rewards.
Sure, you can. Zakat is God right that you should pay. You should admit that you were sinful in not paying zakat in its due time, intend not to repeat this sin, repent and ask God forgiveness, and if you can backtrack your zakat and pay them accordingly then do it as soon as possible to gain God satisfaction and forgiveness.
Yes we can pay zakat on our assets.
I m paying zakat almost from fifteen years
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No we cannot pay zakat on kids saving. On kids saving we pay Fitrana.
He should pay the 2.5 percent over 7.5 tolla Gold
because u have to pay zakat in islam and it is farz
they pay zakat to Qumran education institutions .
The meaning of zakat is, buying the love of God. If you pay zakat you will get it seven times more than you paid.
No you cann't. Not because she is non Muslim but because she is your maid and you are responsible of her living so she doesn't desrve zakat from you. Also, you can't pay zakat to your father or sons.
To pay zakat on stocks, one can calculate the total value of their stocks and then give 2.5 of that value as zakat. This can be done annually or whenever the value of the stocks reaches the nisab threshold.
no anything of value