Question
Is Zakaat payable on income/earnings?
Answer
Zakaat is not paid on income. Zakaat is paid on the actual cash one has on the day when one calculates one's Zakaat.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 28 No 08
- PDF page
- 4
Appears under SHARES ARE HARAAM (approximate).