Prayer TimesZakat refers to the obligatory portion that individuals who possess wealth at or above the religiously defined threshold (nisab) must give to specified recipients for the sake of Allah. For zakat to be obligatory, the wealth must reach the nisab, be productive (either actually or legally increasing), a full year must pass from the time of ownership, and it must exceed one’s annual debts and essential needs.
Nisab is the wealth threshold that determines zakat liability. This threshold is set at 20 mithqal (80.18 grams) for gold, 5 camels, 30 cattle, and 40 sheep or goats.
The recipients of zakat are detailed in the Qur’an (at-Tawbah, 9/60), and the nisab amounts are specified in hadiths. (Bukhari, Zakat, 32, 38, 56 [1447, 1454, 1484]; Muslim, Zakat, 1-6 [979-980]) Accordingly, a person who possesses wealth at or above the nisab, beyond their basic needs, and meets the other conditions mentioned above, must pay zakat on that wealth. (Kâsânî, Bedâ’i, 2/4-6.)
Source: T.C. Diyanet İşleri Başkanlığı, Din İşleri Yüksek Kurulu
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