Zakat minus Expenses

[OYMWA]

Re: Zakat minus Expenses

@Captain_Obvious

The way I do it is when zakat time comes around, I’ll take the value of my assets minus the debt and then give 2.5% of that. So I’m not sure what you mean by subtracting expenses, as zakat is only given on what is already in surplus of your needs.

I do the same way too. Also, till my wife was in school, we calculated zakat as a family. Now that she is working we do it separately.

I have been using a spreadsheet to do the estimations by one Br. Arif Jameel. I can share it with you all, but it uses this approximation method. If br psyah comes up with a better one, I would like a copy too.