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S.Ali786

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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?
 
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]

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

[TABLE="class: grid, width: 100%, align: center"]
[TR][TD]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....[/TD][/TR][/TABLE]