Zakat

H

h_ayidah

New Member
Assalamu alaikom warahmatullahi wabarakatuh,

I'm fairly new to this forum, Alhamdulilaah, and hope that I won't be considered as an outsider to many of you, in sha Allaah. I came here to find an answer regarding zakat, and am still learning about Islam.

Here's my background: I live in United States under my nonmuslim parents' roof. I'm still a full-time student with no job. Every semester, the school gives me financial aid. I still have money from last year which is $700. And earlier in August this year, I received $1000. I also have some savings which is from last year, and it's for paying the bill monthly on health-related, which is now $2700. I also have gold bracelets that I never take off from my wrist. When my mother bought it, it was $500. In the today's market, it's now over $1000, according to her.

Full 12 years savings: $700
Full 12 years savings for monthly health bill: $2700
Non-12-Full this year's savings: $1000
Gold: $500 (when bought) -- $1000 (today's market)

Could you please tell me if I have to pay zakat in this case? I am very confused on which section is to be used in this website:
e-nisab.com/currencies?date_range=latest

I actually do not know which one out of three categories in that website to pay for zakat: gold, silver (majority), or hanafi.

Please let know soon, as the due to pay zakat ul maal is near, in sha Allaah. Jazakallahkheir !
 
ahmed_indian

ahmed_indian

to Allah we belong
:wasalam: sister,

everyone of us was an outsider in the first entrance....so in a way no one is outsider here...we all are here to learn something.

as per your question, sorry i couldnt understand well but i want to clarify a point....tht if you get wealth equal to nisab, then after a lunar year zakat becomes due.

so when did your total wealth equaled nisab? for many months or years?
 
H

h_ayidah

New Member
Assalamu alaikom,

Jazakallahkheir for your replies. I have noticed a mistake I made in my original post, and I ask you to forgive my shortcoming.

What I've been meaning to say is that I realize I did not have to include the info on which the money has not been saved for a lunar year in the list ($1000). And also, there are typos in the list... it has to be said as "Full 12 MONTHS savings" and not years.

Anyhow, to sum this up from what answers you gave... do I only have to pay based on silver, and not gold even if I have gold?

So, as we can see from this website: e-nisab.com/currencies?date_range=latest

It says $662.81 in USD in the "silver" section. So, based on how much cash I have on hand that's been saved for a lunar year (savings: 700 + savings for monthly health bill: 2700 = $3400) ... I have to pay 2.5% of it, right? That would be... $85? I'm concerned about the gold I have right now, and I still don't need to pay zakat on the gold one..?

Could someone clarify, in sha Allaah ?
 
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