zakaat

[TLK]

Re: zakaat

@The_Jinx

the interest you are getting on savings account is not your money and it is haram to consume it. You should just give it to places like masjid etc. without the intention of getting sawab.
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Great answer bro, but interest money should be given to some poor family. its not allowed for masid.

@The_Jinx

You’re obliged to pay zakat if you have minimum of 7.5 tola gold or 52 tola silver OR cash equivalent to the amount sitting for at least one year.

I think 52 tola silver is no longer a standard because of huge price diff between gold and silver. according to current market,

52 tola silver is $550.00

7.5 tola gold is $4500.00