Zakat al-Mal
زكاة المال
Pronunciation: zah-KAHT al-MAHL
Zakat on wealth: the annual 2.5% due on qualifying assets held for a lunar year above the nisab.
Definition
The obligatory annual charity on accumulated wealth, as distinct from Zakat al-Fitr (the per-person Ramadan payment). It is due at 2.5% on zakatable assets (cash, gold and silver, trade inventory, receivables, and most investments) that have been owned for one lunar year (hawl) and exceed the minimum threshold (nisab).
Agricultural produce and livestock have separate rates. Zakat al-Mal is one of the five pillars, paid once a year on a fixed personal zakat date, and distributed to the eight categories of recipients named in Qur'an 9:60.
Related Terms
Zakatزكاة
One of the Five Pillars of Islam - an obligatory annual 2.5% charitable contribution on qualifying wealth.
Zakat al-Fitrزكاة الفطر
A special charitable contribution required at the end of Ramadan, paid per person in the household.
Nisabنصاب
The minimum wealth threshold above which zakat becomes obligatory - equivalent to 87.48 grams of gold or 612.36 grams of silver.
Hawlحول
One full lunar year - the holding period after which zakat becomes obligatory on qualifying wealth.
Zakatable Assetsالأموال الزكوية
The categories of wealth on which zakat is due: cash, gold and silver, trade goods, receivables, and most investments.
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Zakat al-Mal (زكاة المال) - Zakat on wealth: the annual 2.5% due on qualifying assets held for a lunar year above the nisab. The obligatory annual charity on accumulated wealth, as distinct from Zakat al-Fitr (the per-person Ramadan payment). It is due at 2.5% on zakatable assets (cash, gold and silver, trade inventory, receivables, and most investments) that have been owned for one lunar year (hawl) and exceed the minimum threshold (nisab).
- Zakat on wealth: the annual 2.5% due on qualifying assets held for a lunar year above the nisab.
- Category: Zakat
- Related: Zakat, Zakat al-Fitr, Nisab, Hawl, Zakatable Assets
- Compare related Shariah-compliant products on HalalWallet
Source: HalalWallet (halalwallet.ca)
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Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-10-01
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