Take25% of the value of your investment in the fund and pay 2.5% zakat on it. Practical example. Let's demonstrate this with a quick example. Tauseef has £4000 in the HSBC Islamic Global Equity Index Fund. All he has to do is apply 2.5% to 25% of his investment value. So he pays 2.5% of £1000. That works out to £25. Where to calculate Whenis Zakat due date? Zakat is due after one Lunar (Hijri) year starting from either the first day you acquired the amount of Nisab or the day you paid Zakat last year. The month of Ramadan is considered to be the best time to pay Zakat. We urge you dear brother/sister to calculate your Zakat now and to pay it as soon as possible Theres no fixed obligation or ruling on whether one should give all his zakat to one person or divide it between many people nor on how to divide it. Ibn Taymiyah even said it is not necessary -in case of division- to pay it equally but rather based on the need of the person which may receive it. Youshould pay your Zakat when your wealth has exceeded the Nisab threshold for one full Islamic year from the point your wealth first exceeded the threshold. The amount of Zakat you owe should be calculated on the day you make your payment. The total value of any income generated from renting out an owned property (such as a second home). AnNawawi (may Allah have mercy on him) said: It is obligatory to pay zakaah immediately once it becomes due and it is possible to pay it, and it is not permissible to delay it. This was stated by Maalik, Ahmad, and the majority of scholars, because Allah, may He be exalted, says (interpretation of the meaning): "and give Zakat" [al-Baqarah f4MLJP.

do i pay zakat on my salary