Zakah
is one of the prime foundations of Islam. It is not a coincidence
that the Arabic word zakah comes from the root z-k-y,
which means “to purify.” The giving of the portion of one’s
wealth purifies and grows the capital: growth through giving away,
yet another secret from the wondrous works of our iman. In
order that Muslims in North America might carry out the divine
orders with carefulness, perfection, and exactness, we reach out to
them to perform this essential duty. This booklet, The
Calculation of Zakah for Muslims in North America will help them
calculate the zakah, know its due time, and measure the level of nisab
(“zakatability”). We present to you this work by Dr. Monzer
Kahf, a booklet that serves as an operational guide for Muslims in
North America.
Click
here to
download the Portable Document Format (PDF), which can only be
viewed using Adobe Acrobat Reader.
*Dr. Monzer Kahf
is currently working as an independent
consultant/trainer on Islamic banking, finance, zakah, awqaf
(endowment), Islamic inheritance, Islamic estate planning,
Islamic family law, and other aspects of Islamic economics,
finance, Islamic transactions (Mu`amalat). If you would
like to contact Dr. Kahf, please e-mail him
at monzer@kahf.com.
The
works posted on this page reflect solely the
opinions of the authors.