Zakat Ka Nisab 2024 | Zakat Nikalne Ka Tarika | Zakat Kis Par Farz Hai | Zakat | The Muslim TV

Summary

This video provides essential information about Zakat, emphasizing its importance in Islam and the obligation for every financially capable Muslim to give. It explains how to calculate Zakat on various assets, including gold, silver, crops, and livestock, while clarifying exemptions for personal property and vehicles. The video highlights the significance of giving Zakat from lawful earnings and addresses who can receive it, including the needy, travelers, and those in debt. By the end of the video, viewers will understand the requirements for fulfilling this important pillar of faith, particularly during the blessed month of Ramadan.

Takeaways

• 📜 Zakat is mandatory for every wealthy Muslim, whether male or female, who meets the nisab threshold.
• 💰 Zakat must be paid on various types of wealth, including gold, silver, agricultural produce, and certain types of livestock.
• ⚖️ The nisab for gold is approximately 87.48 grams and for silver about 612.36 grams, which determines zakat obligation.
• 🌾 Agricultural produce requires zakat, typically calculated at a rate of 10% for natural irrigation and 5% for artificial means.
• 🐏 Livestock zakat applies only to certain animals; for example, if you have less than 40 goats, no zakat is due.
• 🏠 Zakat is not applicable on personal residences unless they generate rental income that meets the nisab after one year.
• 🚗 Vehicles for personal use are exempt from zakat, but zakat is due on any rental income generated from vehicles.
• 📈 Businesses are subject to zakat on profits retained for a full year in bank accounts or other forms of investment.
• 🤲 Zakat can be given to a variety of recipients, including poor relatives and fellow Muslims in need, except for direct dependents.
• 🕌 It is essential to ensure that zakat is given from halal earnings, as income from illegal or immoral sources is not accepted.

Q & A

What is Zakat and why is it important in Islam?

Zakat is a form of charity obligatory for all Muslims who possess wealth. It purifies their wealth and is seen as a way to support those in need. Its importance is emphasized by the belief that prayers are rendered useless without it.

When do Muslims typically pay Zakat?

Muslims often pay Zakat during the holy month of Ramadan, as it is a time of increased spiritual reflection and charitable giving.

What are the conditions under which Zakat is obligatory?

Zakat is obligatory for every Muslim who is financially capable, referred to as a 'Sahib Nisab,' meaning they have the minimum amount of wealth specified by Islamic law.

What types of wealth are subject to Zakat?

Wealth subject to Zakat includes gold, silver, agricultural produce, livestock, and other forms of income, such as profits from businesses or rental income.

What is the minimum amount of gold and silver one must possess to be liable for Zakat?

A Muslim must possess at least 27 grams of gold or the equivalent value in silver to be liable for Zakat.

Is Zakat applicable on property or vehicles?

Zakat is not applicable on personal property or vehicles used for personal purposes. However, if these items generate income, like rental properties or vehicles for hire, Zakat may apply to that income.

Who can receive Zakat?

Zakat can be given to any needy Muslim, except for one's own parents and children. This includes the poor, the indebted, travelers in need, and those fighting in the cause of Islam.

What is the rate of Zakat that must be paid?

The standard rate of Zakat is usually 2.5% of a Muslim's accumulated wealth over a lunar year.

How should agricultural produce be treated in terms of Zakat?

For agricultural produce, a specific portion, often one-tenth (10%), is due as Zakat if the produce is irrigated naturally, and one-twentieth (5%) if irrigated with effort.

What happens if a person does not pay Zakat?

Failing to pay Zakat is considered a serious offense in Islam, rendering a person's prayers and other acts of worship less effective. It's seen as neglecting one's duty towards society.