What is Zakat?
Zakat is an obligatory duty and one of the five pillars of Islam. It is mandatory when two conditions are simultaneously satisfied which are Nisab and the Due Date.
What is Nisab and its current value?
Nisab is the exemption limit for the payment of Zakaat. In other words, it is the amount which savings or capital or product must exceed in order for the Muslim owner to be obliged to give Zakaat. The Nisaab is based on 85 Grams of Gold.

When is Zakaat due date?
Zakaat is due after one Lunar (Hijri) year starting from either the first day you acquired the amount of Nisaab or the day you paid Zakaat last year. The month of Ramadhan is considered to be the best time to pay Zakaat.
We urge you dear brother/sister to calculate your Zakaat now and to pay it as soon as possible.
In order to calculate your Zakaat, please total up 1 to 4.
1. Cash on hand and in bank accounts (savings, checking)
2. Non-delinquent loans (money you loaned to others):
3. Business cash on hand and in banks plus invoices due:
4. Zakaat on Woman Jewelry (According to Imam Abu Hanifah and others):

Please note that Women jewelry is not subject to Zakaat unless its amount is excessive or the jewelry is not being used (this is the view of Imam AlShafie and other scholars). However Imam Abu Hanifah and other scholars are on the opinion of Zakaat must be paid on Woman jewelry if it reaches the Nisaab (which is 85 grams)

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