Question

mr and mrs junaid have property worth rs 250000 and mrs junaid jewelary is worth rs 180000 .find the amount of zakat that they have to pay

Answer 1

Given : mr and mrs junaid have property worth rs 250000 and mrs junaid jewelary is worth rs 180000

To Find :  the amount of zakat that they have to pay

Solution:

Zakat is due on the wealth of any Muslim that is held in savings for one calendar year and is more than the Nisab.

liable for Zakat:

Gold & Silver

Paper currency held in cash or in the bank

Tradable assets owned by your business

Crops and herded animals.

250000 + 180000

= 430000

Zakat = (2.5/100) 430000

= 10,750  Rs

amount of zakat that they have to pay = 10,750  Rs

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