Can someone please tell me if I'm eligible to pay zakaat?

Question

Hello,

I'm currently a student enrolled in an engineering program but recently I did co-op and made quite a bit. I understand what I made is going to my tuition but at the same time I feel real fortunate on what I made and that I really want to give zakaat regardless of my age and my position. First of all, I'd like to say that I have no assets during this whole year except for the total amount of money I made. Obviosuly, I've spent more than half of what I've made already but out of the total amount of money I made, how much do I deduce and give it to zakaat? If it helps, the current gold rate is $29/gram (CAN $). Also, my co-op term was only for 4 months, which thus means that I worked for 4 months only and not a full year. I still feel like giving zakaat so can someone please tell me how to calculate it and if I am eligible to pay zakaat? thanks for your time and please, only those who have the knowledge to answer this question only should reply to this...

Answer 1

its not obligatory til u've saved it for a year- and even then it's whatever's left. theres no need to pay it in ramadan, u can pay it at any time. so if u work regularly but save little- lets just say u have a set date each year that u like to pay zakat- maybe one year u'll have 300$ in ur bank account, another year u'll ahve 1000$ left on that day... just pay 2.5% of what is left on that day.

if u feel u like to pay zakat in ramadan becoz good deeds get more reward in ramadan, then u can pay 2.5% of what is left in ur account right now.  

Answer 2

don't know  

Answer 3

EDITED: you can give voluntary zakaah anytime, but the obligatory zakah won't apply to you because it is not your saved property for the whole year.

So this would mean, you don't have the obligation/duty to give it,  but you are volunterily giving.  And the reward isn't any less than that of the obligatory as far as I know, and it can be more because you are giving volunterily and not because Allah made it fard.

If you wish, it is a great chance for you to ask the scholars your question, and get it answered live this weekend inshallah.

http://www.albaseerah.org/forum/showthre...

assalaamu aleika

Answer 4

  Insha'Allah this will help you.

  http://islam.about.com/od/zakat/p/zakat....

Answer 5

I think you should pay Zakkat.

When I was about 8 at the end of Ramadan I used to put money in the donations at the mosque.

Plus, if you pay Zakkat Inshallah Allah will reward you.

P.S. When you pay Zakkat, your are supposed to pay about 2.5 percent of what you earned.

So if you earned ten thousand dollars you would have to pay about 250 dollars.

I don't think that is a lot.