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 [email protected]
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....
Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.
When you create an account, we remember exactly what you've read, so you always come right back where you left off. You also get notifications, here and via email, whenever new posts are made. And you can like posts and share your thoughts. Sign Up
Hide
Looks like you're enjoying the discussion, but you're not signed up for an account.
Bookmarks