29 January 2020   3. Jumad-us-Thaani 1441
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From the Fatwa Department

Q. What value should be considered when calculating stock in trade?

Q. Do I pay Zakah on all my cash on hand?

Q. Is Zakah compulsory on gold and silver that is for personal use?

Q. How does one calculate Zakah and does assets have to be in one’s possession for a complete year? 

Q. Kindly explain the meaning of Nisab?

Q. Is Zakah calculated on the solar year or lunar year?

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Nisab

27/01/2020

  • Mahr Fatimi: R13 465.11
  • Minimum Mahr: R269.30
  • Zakaah Nisaab: R5386.04

Important Dates

  • Thursday, 30 January 2020
    Azmate Sahaba Programme

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