Question
If one has several types of Zakaat assets, does Zakaat have to be paid separately on each type of asset?
Answer
If one has several kinds of Zakaat taxable assets (gold, silver, cash and stock-in-trade), one may calculate the Zakaat separately on each category of assets or one may combine the values of all the assets and pay on the one amount.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 21 No 07
- PDF page
- 2
Appears under Questions and Answers (approximate).