Source: http://qa.muftisays.com/?3547
Question ID: #3547
 
Question: what amout to give for zakah
salam
muftisaab i knw dat zakah is farz on a mature person n also knw dat zakah becomes farz on dat balig mature person that has got minimum £100 my question is for every £100 he has how much money will he giv in for zakah for every hundred ?

jazakllah hu kayrun ahsanaul jaza
 
 
Answered by: Ulamaa ID 02 ()
Date: 08/07/2007 19:52pm

بسم الله الرحمن الرحيم

Zakat is 2.5% on eligable assets and funds therefore £2.50 will be given on every £100 on the amount on which Zakat is due.

It should be noted that the nisab is not necessarily £100 and may change according to the cost of silver and gold. At present it is approximately £120, however, this is subject to change.
Mufti Saifur Rahman Sahib
London, UK
 
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