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Who is eligible to pay zakat?
The conditions to be eligible for fulfilment of Zakat are:
- Muslim.
- Full ownership of the wealth.
- Nisab is reached: Nisab is the market value of 86 grams of gold.
- Haul is reached: Possession of the assets for one Hijrah year or 355 days.
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ZakatRelated questions
How can I fulfil my Zakat?
Is it permissible for one to pay zakat on wealth before it reaches haul so as to attain the benefits during Ramadan?
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May I know if a Muslim organization is required to pay Zakat Harta when its bank account balance has fulfilled the criteria for haul and nisab?
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Is it permissible to fulfil Zakat using a credit card?
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