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Meezan bank zakat document,

(73465)
Sunday, July 22, 2012 07:50 AM 

I did some research and Meezan bank zakat document mentioned this .... so am confused now
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A person has cash equivalent to nisaab. He got some more cash a
few days before completion of year. This more amount of cash
will be subject to Zakah after completion of the year of previous
amount of cash.

For example, the Zakah year of a person ends on 1st of Ramadan.
He has Rs. 30,000/- on 28th of Shaban. On 29th Shaban, he receives
Rs. 5000/- more. Now the zakatable cash of that person on 1st of
Ramadan would become Rs. 35,000/-.

Salman

Irfan replied on Sunday, July 22, 2012 08:29 AM 

http://www.zakatonomics.com/

I have been using this gent Arif Jamil's calculator for few years, this year he also have an ebook with FAQ on this site and an excel file to calculate your Zakat needs

Remember me in prayers
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