# Abdur Rahman ibn Yusuf Mangera – Simplified Zakat Guidance The Basics of Zakat Calculation

AI: Summary ©
The speaker discusses misconceptions about user cuts and the calculation of wealth, emphasizing the importance of staying true to finances and avoiding overpaying for one's plans. They explain the process of calculating finances and how it affects one's health, including their daily income based on work and health and the need to pay for health every day. The speaker also mentions their fixed date for work and the ability to work on finances.
AI: Transcript ©
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One of the most important questions that we get most

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simplest questions rather is that how to calculate user cut. So we

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can understand this from the confusing questions that people

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ask. Now the simplest way to understand this is that remember

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the cut I'm going to first talk about some misconceptions are

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going to clear some misconceptions. Zakat is not do on

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your money as soon as you have it. Number two, Zakat is not do on

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every new bit of money that you receive that you count a year

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from, from each set of new money that you get to each new nisab you

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get, right. So for example, if today I earn 1000 pounds is my

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salary. And now I'm going to, I'm going to see if I retain that same

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1000 for one year, then I'm going to give zakat on it, then the next

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month, I get another 1000. So I've got another anniversary for that.

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No, it's not like that. The ways that God works is that

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you have to pass one year on your wealth before you have to pay

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zakat. But it starts a year before that. So the way it begins is that

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let's imagine there's a guy who is in a young youth who's in school,

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they then get their first job until now they were literally hand

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to mouth, they had a bit of money, you know, 100 pounds, \$100 \$200,

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whatever, but they never had any significant savings, because they

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would constantly spend it. But now mashallah they're gonna get their

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first job. And imagine they've got no loans as well, right? Because

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Jerry, a lot of the students today they come up with loans, let's

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just say they have no loans, they're gonna get their first

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paycheck. So let's just say that I got my first paycheck on the day

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of Eid, let's just say, right, the 30th, or actually the first of

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Chawan, right, that's my first paycheck I got, let's just say

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that means.

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The way this begins is the first time that you get a amount which

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is called the nisab. The nisab generally works with silver or

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gold, the silver nisab is generally right now approximately

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250 pounds, probably about \$300 worth is what the nisab of silver

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is, what that basically means that the idea is that anybody who has

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any sub who has this quantum of wealth, they're considered to be

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wealthy enough to pay Zakat and not receive zakat from anybody

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else. The gold nisab is right now just shut up nearly doubled in its

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price from like a year or two ago is gone to about 4000 pounds from

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the last time I checked, it genuinely used to have around 2500

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pounds, there's a big difference between the quantum of silver and

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the quantum of gold. In earlier times, they used to be the same

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material, Silver has become very, very cheap. But the fuqaha the way

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they use it is that whichever nisab your wealth reaches, then

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you go by that and you're considered wealthy. So if I get my

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first paycheck of 1000 pounds, 600 pounds, whatever that means it's

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more than the quantum of silver, right? Because that's the, that's

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the lower one. I'm gonna I'm gonna go with that.

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So that means I've got more than 250 pounds \$300. So now my clock

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begins to tick, I have to now wait for my anniversary. I'm not this

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knows the car due yet. Right? Now throughout the year. Now, let's

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just say I got my first paycheck on the first of Shawwal. Right?

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That money is the first time I've got that significant amount of

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money. Now, I'm I'm going to mark that date, the next first the next

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year that first of Shawwal comes is the important part, that's when

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I need to check. Do I still have

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a nisab at least 250 300 pounds, right nisab fluctuates. So you'll

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have to get the updated price for your time that you do this, right.

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But this is around the same price. Now, obviously throughout the

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year, I've been making money, I've been spending money on my

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expenses. That's fine. My year will consider my anniversary, my

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year will come to the end and my scars will be due as long as at

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the beginning I had any sub and after one year I still have any

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sub and number three, the third condition in during the year I did

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not go down to zero. Because let's just say I had 1000 pound but in

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two months I spent it and then never got another paycheck. Right?

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That means I went down to a zero maybe I even went in the red I had

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to borrow money. That means this. This this clock ticking this year

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has actually ended it's canceled, it didn't end.

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That means I have to restart it from the next time that I get over

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250 pounds, the quantum of silver, approximately 250 pounds right?

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Then my my date is going to be pushed back because then I have to

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wait another year from there. So remember the condition is that you

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have to get the you have to become owner of an ESOP.

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And then a one year has to pass where you don't go down to zero,

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it will fluctuate you can go become a millionaire or you can go

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down to two pounds. That's fine as long as you're not down to zero.

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Then when the next that same date comes the next day. Remember it's

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Islamic date. If you're going by Gregorian date, you're actually

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cutting out 1011 days a year.

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Right as cheating, right? So it's by Islamic date that so so when

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the next year comes if I still have any sub knife I don't have

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any salt on that day I've only got 100 pounds on that day. That means

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there is a new Saba at the beginning but there's no nisab at

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the end which means knows that God is God

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knows that God is God. Now if there is nisab at the beginning

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that's when my clock began one year past Islamic year past

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mashallah, I did not go down to zero. And on my anniversary date

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first of Shawwal mashallah, I've still got any sob. I could be. Now

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I may have 5000 pounds. Or maybe I've just got 300 pounds, I've got

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over a nisab. Now I must give zakat on that day. What how do I

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give zakat? I basically on that day I calculate 2.5% of whatever I

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have.

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One day, that's all I need to look at just that day, how much money

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have I got on that day? So if I've got 1000 pounds, My skirt is 25

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pounds. If I've got 5000 pounds, My God is 125 pounds. All right.

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And if I've got 400 pounds, then my skirt is that much less. That's

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what No, let's just say the day before for sure. While somebody

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gave me an advance Eid gift of another 5000 pounds

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just the day before. So when I get to the first show, well, that's my

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anniversary. And I've got over an ESOP. And now I've got myself

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10,000 pounds, I had 5000 on my own, I got 10,000. Now, they only

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came in the day before, I have to pay on 10,000 pounds. Because I

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just it's so easy. This is the Hanafy way of doing it. It's the

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easiest way because you just have to look at the two ends, as long

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as you still have an ESOP. There, you just check the value on that

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day, and you pay and all on that, right? So I'm gonna have to pay on

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10,000 I'm not gonna say Oh, I had 5000. From before, that's my

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average throughout the year, right. And this 5000 Just came

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yesterday. So I should wait another year on that. No.

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Likewise, if I had 5000, the day before, and tomorrow is the first

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of Chawan my due date. But I make a big spend, write for needs or

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whatever, I give it a gift.

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I spent 4000 I've only got 1000 left the next day,

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then I will pay zakat on only 1000. If I spent most of my money

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the day before and now I've got less than a nisab then there's no

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circuit and have to wait for another year from the time I

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actually get an ESOP. Some people try to some people, you know,

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don't get clever, and say okay, tomorrow's my is the current date.

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I don't want to pay the Cardinals too much money. So I call my wife

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that night before and I say you've been a wonderful wife to me

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throughout, you know, martial the last year at least. So here's a

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gift for you, I'm going to transfer this money over to you.

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So now tomorrow when the first of Shawwal comes, I got no money

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left, I've got maybe 100 pounds left, because I've transferred

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over to her, she didn't have that much money. Now her year starts

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from them, because she's just become owner. Now, she starts from

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the 30 of Ramadan, for example. Now when her 30th of Ramadan is

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about to come the next year, the 29th. And she comes to the

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husband, man, you've been a wonderful husband to me this year,

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I want to give you a gift and she transfers the money over to him.

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That's that's not allowed. That would be haram to do it for that

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reason, obviously. But technically speaking, I'm just trying to

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explain to you that you just have to look on your day. And that's

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the most important thing of what your assets are valued on that

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day, in terms of what assets and so on what you're supposed to

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value on that day. Right? We will look at that separately. But I

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really just wanted to explain that it's not about every bit of income

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you receive. And it is not about

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what do you call it waiting for every lump sum of money to pass a

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year over it? No, it doesn't matter what you receive in between

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no matter if you go right up or you come down as long as you do

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not go to zero. All of that is just fluctuation is all ignored

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until you as a candidate comes again. Now that is why I mentioned

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in another place which you can check out. You must have a fixed

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date, you can fluctuate you can't keep it arbitrary. And that date

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must be from where you initially became an owner and did not go

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down to zero. Right now I know lots of people have forgotten that

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date. That's why they can then get another date. Right, which they

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fix for every year. The second of Ramadan, the first of Ramadan, the

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30 of I wouldn't do 30 Ramadan because you'd have to go on the

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29th because sometimes there's no 30th of Ramadan. So hopefully that

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explains that inshallah. And that makes it easy for you to now work

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out your zakat for yourself. Insha Allah Jazak Allah here, and may

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Allah allow us to pay as a god on time and well Santa Monica

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