Tag Archives: Zakat al-Mal

Zakat on savings of less than a year

Is Zakat applicable on savings that has been in the bank less than a year.   Continue reading

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Zakat al-Mal on 401K or IRA?

Does one pay Zakat al-Mal on the money invested in a retirement 401K or IRA? Continue reading

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About zakat mal

On October 2014 I sold part of my piece of land, after I put down our house for 40 years to the ground, and I received from the buyer about $200,000. Continue reading

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