Published 4 years ago
Last updated 4 years ago
Q: If I gave zakaat out of $1000, and when I will reach $1000 again, will I have to pay zakaat again
A: Every year, on your zakaat date you will calculate your zakaat. On your zakaat date, the total amount of zakaatable wealth you possess after deducting debts and liabilities, you will discharge 2.5% of the wealth as zakaat (provided it reaches the nisaab or more).
For further details refer to http://muftionline.co.za/node/29 and http://muftionline.co.za/node/31
And Allah Ta'ala (الله تعالى) knows best.
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