Zakat Expert

Q: Is the year used for all Zakatable assets?

A: A year is not used for all Zakatable assets. It is only considered for gold, silver, cash, investments and business are subject to a year passing before Zakat becomes obligatory. However, agricultural products is not subject to the passing of a lunar year. Zakat will be due on agricultural produce and crops upon harvesting regardless of the number of times during the year.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

 

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