22 April 2021   9. Ramadhan 1442

Tel: 031 577 7868 - disc@darulihsan.com                             

Zakatable Assets

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:

  1. Gold and silver
  2. Cash
  3. Stock in trade
  4. Receivables (monies owed to you)
  5. Shares/unit trusts/partnerships
  6. Livestock

And Allah Knows Best

Darul Ihsan Fatwa Department

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Nisab

19/04/2020

  • Mahr Fatimi: R19 458.62
  • Minimum Mahr: R389.17
  • Zakaah Nisaab: R7783.45
  • Fidya: R20.00

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