Do I pay Zakat on money being saved to buy a housegreenspun.com : LUSENET : Zakbt : One Thread
I have money in the bank that I am setting aside so that I can purchase my first home (a flat) without a mortgage. Would I still have to pay Zakat on this? Currently what I do is pay zakat on my salary.
-- Abdul-Hakim (firstname.lastname@example.org), January 07, 2003
yes as long as the money set aside stayed one year.you give 2.5%out of total.
-- ahmad abaad (email@example.com), December 20, 2004.