Is Zakat Obligatory On Whole Saving Or The Amount Exceeding The Nisab?
If all I have is $10,000 in savings for over a year. Is my zakat 2.5% of $10,000 or is it 2.5% of what exceeds the value of 52 tola silver. (For eg if 52 tola silver is 6000 right now (only an example)) then is zakat 2.5% of 4000 remaining.
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