The Introduction of Zakat

IMPORTANT INFORMATION ABOUT “ZAKAT”

Each able Muslim is obliged to pay 40th part or 2.5% of his wealth on which a year is spent. And it is necessary to provide it to deserving person. contact the scholars for details.

Some funds and their zakat for people, traders, landowners and animal feeders:

1000 on 40000 rupees
40000/40=1000

7500 on 3 lac
300000/40=7500

500000 ON 20 lac
2000000/40=500000

2.5 lac on 1 crore
10000000/40=250000

2000 on 80000 rupees
80000/40=2000

10000 on 4 lAC
400000/40=10000

75000 on 30 lac
3000000/40=75000

2500 on 1 lac
100000/40=2500

12500 ON 5 LAC
500000/40=12500

1 lac on 40 lac
4000000/40=100000

5000 on 2 lac
200000/40=5000

250000 ON 10 LAC
1000000/40=250000

125000 on 50 lac
5000000/40=125000

ZAKAT IS OBLIGATORY ON THESE THINGS:

  • Silver and gold
  • Silver and gold jewellery
  • cash or cash documents
  • merchandise trade/ wealth from trade
  • The plot taken from the intent to make profit by investing
  • All things purchased by the intent of business
  • Appointments submitted by the committee
  • the loan which is expected to be returned
  • the actual amount of insurance and prize bonds
  • shares
  • earth production/ yield
  • Animals who feed outside

ZAKAT IS NOT OBLIGATORY ON THESE THINGS:

  • Basic needs of life
  • HOUSE TO BE LIVE BY
  • vehicles in use
  • debt loan
  • goods above basic needs but are not for business
  • clothes in use/ to be weared
  • utility bills
  • sallaries of employers

ZAKAT IS OBLIGATORY FOR WHOM?

zakat is obligatory for every wise, mature and wealthy man and woman (if he is able to)

NOTE: zakat cannot be given from the wealth earned from bribery, interest, stolen goods and other un-ethical ways. that money can be given as “sadqa” but not as zakat.
ony the halal income will be accepted as zakat.

ZAKAT FOR GOLD (2.5%)
zakat is obligatory for 7.5 gram gold. (note: either it is in use or not, zakat should be given)

ZAKAT FOR SILVER(2.5%)
zakat is obligatory for 52.5 gram silver (zakat is not on lesser weight than 52.5)

ZAKAT FOR ANIMALS

1 goat for 5 camels
2 goats for 10 camels
(zakat is not on camels less than 5)

1 goat for 30 cows
1 calf(of more than 2 years) for 40 cows
same criteria for buffaloes as for cows

1 goat for 40-120 goats/sheeps
2 goats for 120-200 goats/sheeps
zakat is not on goats less than 40

zakaat is not on rented house but if the rent reaches the curriculun and a year has passed on it, than zakat will have to be given on it. if the rent is spent before the year, there is no zakat.
the percentage of zakat will be same, 2.5%.

zakat is not on rented vehicles but zakat should be paid for the rent if a year has passed on the amount.

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