How should Zakaat be calculated on amounts received during the course of the Zakaat year if 12 months have not lapsed on each amount?

Answer

months have to pass from the day you became the owner of Nisaab. After becoming the owner of Nisaab, you have to pay on all your cash, gold and silver at the end of 12 months, even if most of the money was received only a month before the ending of 12 months. Example: In Ramadhaan last year you had the Nisaab amount. However, during the course of the year you received more money. You have to pay Zakaat on all the money you have this Ramadhaan even if the money was received just a week ago. It does not matter if the recent amounts are not one year old. As long as you had the Nisaab 12 months ago, you have to pay Zakaat on the recent amounts as well.