Udyog Charitable Trust

Udyog Charitable Trust Humanity under construction

17/03/2025

Zakat is Renewable:
Zakat is renewable every year, even if you have already paid Zakat on the same amount of wealth in the previous year.

17/03/2025

How is Zakat Calculated?
Zakat is calculated as 2.5% of the value of your zakatable wealth that has been in your possession for a full lunar year.

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What is Zakatable Wealth?

Zakatable wealth includes gold, silver, cash, savings, investments, business assets, and profits.

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What is the Nisab?
The nisab is the minimum threshold of wealth that must be owned for a full lunar year before Zakat becomes obligatory. It is equivalent to the value of 87.48 grams of gold or 612.36 grams of silver.

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Zakat is not paid on:
Wealth used for debt repayment or living expenses such as clothing, food, housing, transportation, and education.

17/03/2025

What is Zakat?
Zakat is an obligatory act of charity for Muslims, similar to paying taxes, and is one of the five pillars of Islam

Address

Dakshin Krishnapur
Kaliyaganj
733132

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