Thursday 24 April 2014

THE RATE OF ZAKAAT


Zakaat is calculated on the following amounts :-
1) GOLD :- 87.48 grams (which is the same as 20 mithqals, 7.5 Tolas, 2,8125 Troy ounces. or 1350 grains).
2) SILVER:- 612.36 grams (which is the same as 200 dirhams, 52.5 Tolas, 19,6875 Troy ounces or 9450 grains )
3) The Zakaat due upon two hundred dirhams is five dirhams, and on twenty mithqals of gold, one half mithqal. The rate on these forms of wealth is therefore one fortieth of one's total wealth.

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