Where Are Different Zakat Percentages In The Quran?
Zakat is Sunnat-e-Ibrahimi like Namaz, Hajj or Roza We are asked in Quran to follow tareeka of Ibrahim (AS) – Ghamidi sb. considers this Sunnat. Zakat is not a new ibaadat Zakaat is for govt. to collect and distribute Divine guidance is available to us on how much that should be. 2.5, 5, 10 and 20% This all comes to us through Sunnat and it is documented in Hadeeth as well. Ghamidi sb in his book Meezan provides references from Bible to show that it is not a new Ibadaat. Traditionalists limit 5 and 10% to irrigation produce. A/c to Ghamidi sb. this applies to other things like salaries, business, stock dividents etc. He maintains same ratio that comes to us through Sunnat and Hadeeth, simply extends its application to issues that didnt exist back then. Ghamidi sb. provides general guidance for his ijtihaad to address all new scenarios that didnt exist before Nisab (tax exemption) is decided by the government. Thanks مال میں ۲ /۱ ۲ فی صدی سالانہ ۔ پیداوار میں اگر وہ اصلاً محنت یا اصلاً سرمایے سے وجود میں آئے تو ہر پیداوارکے موقع پراُس کا ۱۰فی صدی ، اور اگر محنت اورسرمایہ ، دونوں کے تعامل سے وجود میں آئے تو۵ فی صدی ، اور دونوں کے بغیر محض عطےۂ خداوندی کے طور پر حاصل ہو جائے تو ۲۰ فی صدی ۔ https://sunnah.com/search/?q=rikaz https://sunnah.com/search/?q=ushr https://sunnah.com/search/?q=2.5 ===== Zakat on Salary: This needs to be computed when we get salary (monthly) and it would be 10% if I am not investing anything to earn this. So 10% monthly on what I earn. Question: At the year end do I need to pay another 2.5% on savings from the same earning I already paid zakat on every month? Yes. Because they have now entered his savings http://www.al-mawrid.org/index.php/articles/view/the-islamic-shariah-of-zakah