Is zakah for money paid every year or only once?

The Answer

Dear Brother / Sister,

It is necessary to pay zakah at a rate of one-fortieth (1/40) every year. If money is kept for three years, it is necessary to pay zakah three times.

If money is kept all the time, zakah will eat it away. From this point of view, one of the wisdoms behind zakah is to prevent money from being under the mattress saving and to revive the economy.

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