Zakat Questions and Answers

I Saved Some Money for Hajj, do I Pay Zakat on it?

Yes. Zakat is payable on money saved for Hajj, provided it is kept for one lunar year, and is at or above the Nisab threshold.

Index

• business:
• commercial loans
• paying zakat on
• value of stock
• cash, paying zakat on
• charity
• children, paying zakat for
• credit-card debts
• debts:
• commercial loans
• deducting from one's wealth
• dowries
• expenses, deducting
• fitrana
• gold nisab
• gold, zakat on
• hawl
• inheritance
• intention to pay zakat
• investments
• jewellery, zakat on
• loans:
• commercial
• lending money
• money owed to one
• money:
• lending
• owed for work done
• zakat on
• nisab:
• defined
• gold and silver standards
• zakat year
• non-zakatable wealth
• pensions
• Ramadhan
• savings
• for Hajj
• pension funds
• zakat on
• shares
• shops, valuating stock
• silver:
• silver nisab
• zakat on
• speculation
• stock:
• valuating
• zakat on
• wealth:
• deducting expenses
• deducting debts from
• fluctuations in
• lending money
• money owed to one
• year (hawl)
• zakat:
• conditions of
• defined
• paying in advance
• percentage
• recipients of
• those who have to pay
• zakat al-fitr
• zakat year
• zakatable wealth

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