A. Zakah is discharged on Zakatable assets only. Zakatable assets are as follows:
- Gold and silver
- Cash
- Stock in trade
- Receivables (monies owed to you)
- Shares/unit trusts/partnerships
- Livestock
And Allah Knows Best
Darul Ihsan Fatwa Department
Q. Is Zakah payable on all my wealth or on certain assets?
A. Zakah is discharged on Zakatable assets only. Zakatable assets are as follows:
And Allah Knows Best
Darul Ihsan Fatwa Department
19/04/2020
70 Joyce Road
Durban
Tel: 031 577 786 8
disc@darulihsan.com