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S.Ali786
04-30-2018, 04:48 AM
Assalamualaikum, I am in the process of applying for a mortgage but have savings still in my account. Do i pay Zakat on this in the meantime?
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Zzz_
04-30-2018, 10:58 AM
Originally Posted by S.Ali786
Assalamualaikum, I am in the process of applying for a mortgage but have savings still in my account. Do i pay Zakat on this in the meantime?
wa'alaikum as'salaam,

zakat is due on the amount sitting in your account untouched for a year, after deducting all your financial expenses. you can email here for more specific quesitons zakat@hidaya.org

http://www.hidaya.org/publications/zakat-information/

Zakat Information | Publications
Hidaya Foundation helps the poor and needy with Zakat, Sadaqa and Qurbani under Social Welfare, Education, Health Care, and Self Employment projects....
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