Haitham al-Haddad – Quick Zakat Calculation

Haitham al-Haddad
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The speaker discusses the importance of Zika, a metric used to measure the wealth of individuals. He explains that Zika is linked to individual members of the cattle and the cattle's wealth, and that individuals can use it to determine their success or failure in various situations. The speaker also mentions the importance of giving money to people within a given timeframe to benefit from the increase and decrease of prices of their currency.

AI: Summary ©

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			Many, many brothers and sisters do ask about Zika let me make it very simple for you, my dear
brothers and sisters decide one day in Ramadan, most people give their Zakah in Ramadan, we are
talking about Zika today man, we are not talking about the fifth pillar or the cattle setup, there
are two things the cattle and the cattle, the cattle Shepherd, it is an amount of food that should
be given few days before eat. And it is linked to the individuals, the cattle man it is linked to
the wealth of the person now, simply decide a day. Yes, don't worry about whether you pass the
threshold or not. Okay, decide a date and look at the gold and silver that you have
		
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			the money that you have, okay, this is the second thing the money that you have in each currency in
any currency, the money that you have now in your bank account. And thirdly, if you are if you have
stocks or shares, if you were to sell them now, how much you will get if you are buying them to
benefit from the increase and the decrease of the prices of stocks and shares because they become
commercial commodities by themselves. And the fourth thing is the commercial commodities, commercial
commodities that you have, if you have any, it's check the stock of the commercial commodities that
you have the price of it if you were to sell it on the day you are giving your Zakah these are the
		
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			four things most people have these days. And then add to it any money that you are going to receive
within the coming 12 months money that people are you subtracted from this money that you owe to
people which means the money that you are going to give to people within the coming 12 months means
a debt that you have to clear within the coming 12 months. And then the total take 2.5% of it and
give it and this is your Zika your third pillar of Islam