Why i pay Zakat ? Zakat is obligatory
1. A free man or woman: A slave does not have to pay Zaka.
2. A Muslim: Zakat could be a spiritual obligation upon Muslims, just like the 5 daily prayers.
3. Sane: The person on whom pillar of Islam becomes obligatory should be of sound mind per Moslem Abu Hanifa. Moslem leader holds that associate insane person remains to blame for zakat.
4. An adult: Children don't got to pay charity, though they own enough wealth to form charity obligatory. However, each Islamist Shafi'i and Islamist leader say that the guardians of the youngsters ought to pay the charity on their behalf.
5.In complete ownership and control of their wealth: The person should own and be in possession of the wealth, and even be liberal to pay or eliminate the wealth in any manner they like. If an individual has created a loan of their wealth then they're not during a position to pay it till it's repaid.
6. In possession of wealth above the nisab threshold: The person ought to possess wealth on top of an outlined quantity needed to satisfy the essential wants of themselves and their dependents (nisab).
7. Free from debt: Someone in debt might deduct his debts from his assets, if what remains remains higher than the nisab threshold, charity is due, otherwise not.
8. In possession of the wealth for one complete lunar (Hijrah) year: If one owns zakatable wealth for a year, charity can become obligatory, provided the whole quantity of wealth exceeds the nisab at the start of the year and also the finish, no matter any fluctuations within the months between.
What is the nisab ?
To be to blame for pillar of Islam, one's wealth should quantity to over a threshold figure, termed the "nisab". to work out the nisab, the ar 2 measures: either gold or silver.
Gold: The nisab by the gold normal is three ounces of gold (87.48 grammes) or its certificate of indebtedness. this can be more or less £650 or $926.40, however can vary with this value of gold. For the most recent costs, discuss with the web pillar of Islam Calculator
Silver: The nisab by the monetary standard is twenty one ounces of silver (612.36 grammes) or its equivalent in money. this can be more or less £70 or $130.
When does the zakat year begin ?
The charity year begins on the date on that you were 1st in possessions of wealth higher than the nisab.
This will be your seed date, whenever it comes around you'll have to be compelled to calculate charity, no matter any fluctuations within the quantity of wealth in your possession.
The only state of affairs within which your seed date can amendment is that if you were to become all bankrupt and lose all of your assets and belongings. during this state of affairs, your new seed date can begin after you area unit another time in possession of wealth higher than the nisab.
If you're undecided of your seed date, then estimate it to the most effective of your ability.
Who can receive my zakat ?
To be eligible to receive pillar of Islam, the recipient should be a poor Muslim. A unfortunate person is somebody whose property in way over his basic necessities doesn't reach the worth of the nisab threshold.
The recipient should not belong to your immediate family: your better half, children, oldsters and grandparents cannot receive your pillar of Islam. different relatives but, will receive your pillar of Islam.
The recipient should not be a Hashimi, a descendant of the Prophet (Allah bless him and provides him peace).