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What is Zakah on Salary: Obligations & Calculations about?
Zakah is a mandatory wealth levy in Islam, aimed at wealth redistribution and social welfare, with varying scholarly opinions on its obligation on salary and wages. The majority view requires Zakah only if the income is saved, reaches the Nisab, and is held for a lunar year, while the minority view mandates it immediately upon receipt. The calculation involves determining the Nisab, deducting essential expenses, and applying a 2.5% rate on the remaining amount.
- Author
- macalandaphanifah577
- Language
- EN