What is Nisaab? Nisab is the baseline which differentiates between the rich and the poor, the people who give Zakat from the people who might receive Zakat.If your zakatable wealth crosses this level, then you become what is known as Sahib-e-Nisab, the people who have money sufficient enough to obligate zakat. How is Nisaab calculated? Historically …
Looking for someone to answer your questions about which of your wealth is Zakatable? Read this article to become that someone. Introduction If you haven’t read my previous blog, make sure you read that before you read this. In my last blog, I introduced a term, Zakatable wealth, which is Zakatable assets subtracted by relevant …
Simplifying Zakat for the millennials: The 2 question checklist Read More »
Are you confused about whether or not you have to pay Zakat this year?
Don’t worry, with the one year rule, you could easily put that confusion to bed.
