Re: 'Zakat' -- Question/Answer Board

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Subject: Re: 'Zakat'

Author:
Laila nasheeba

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Date Posted: 06:01:44 02/06/03 Thu
Author Host/IP: dhcp024-210-177-110.woh.rr.com/24.210.177.110
In reply to: Mohammed 's message, "'Zakat'" on 23:32:59 02/05/03 Wed

As Salaamu Alaikoum,

Praise be to Allah.

Zakaat is 2.5 percent of whatever money you have LEFT OVER from the year, MINUS YOUR LIVING EXPENSES.

Interest is haraam and no muslim should have money in the bank that draws Interest. If one does, then there is no zakaat on what is haraam.

There are many ways one can save money. You can save money by putting it in a checking account that draws no interest. Or you can put it in a vault in the bank or you can save it at home. It is up to you how you choose to save your money just as long as you avoid interest.

AND ALLAH KNOWS BEST

Laila nasheeba

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