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How can Zakat be calculated for shared savings and assets?

Tag: Shared Assets

How can Zakat be calculated for shared savings and assets?

alqalam_ITYPEJune 1, 2017

Q: Savings and a home are jointly owned equally by a married couple. The man is however responsible for payment of bills etc a. Can the Zakat be calculated collectively i.e. clump the debts together on one side and the joint assets such as bank savings on the other. b. How do you calculate payment […]

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Fatawa, Zakat FatawaShared Assets, Student loans, ZakatLeave a comment
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