ZAKATgreenspun.com : LUSENET : Zakbt : One Thread
Dear brothers and sisters,
I am confused with respect to Zakat calculation.
Is zakat due on the earnings? or Is Zakat due on net savings?
Do we need to consider last year accumulated saving in Zakat calculation?
Is Zakat due for the savings against which zakat is already settled? Please email your answers with an evidence from Quran and Hadith to mfkarani_emirates.net.ae
-- Mohammed Farooq (email@example.com), September 14, 2002