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Thursday, 31 May 2018

Question about zakat...

If someone has gold which meets or exceeds the minimum amount that's nececssary to pay zakat on, and they have savings (money in a bank account) which are NOT the minimum amount (nisab), does zakat still need to be paid on the gold + savings since it's all their own assets?

I hope this isn't too confusing of a question. But it seems like a hardship to pay zakat with money that's not even enough to meet the nisab requirement, on both gold and that money itself.

submitted by /u/mntn2
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from Islam https://ift.tt/2J4nOOL

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