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what amout to give for zakah

Question date:   13th January 2007
From:   peersaab
Short URL:   http://qa.muftisays.com?3547
Notes:   No Notes
Question ID:   3547
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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

Answer

Ulamaa
Ulamaa ID 02

Answer last updated on:
8th July 2007
Answered by: Ulamaa ID 02

Location:

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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