Mastering how to calculate zakat!

Mastering how to calculate zakat!

Author: Rakaan Kayali April 28, 2022 Duration: 14:23

April 28, 2022.

In our latest episode, we look at :

  • Intro and summary of the last podcast
  • Summing up all your accounts to calculate zakat
  • Deduct debt from the sum of liquid assets
  • First approach to calculating zakat (use highest balance, once a year)
  • Second approach to calculating zakat (use minimum balance, multiple times per year)
  • Calculate zakat on the same day every lunar year regardless of balances (assuming you've at least met Nissab for the entirety of last year).

#zakatoncrypto #cryptocurrencies

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Disclaimer: Anything you hear in this podcast is an opinion. It is not to be considered personalized financial advice. Make sure you do your own due diligence before making any investment decisions.


Hosted by Rakaan Kayali, The Practical Islamic Finance Podcast sits at a unique crossroads where faith meets the realities of modern money management. This isn't about abstract theory; it's a grounded conversation for anyone navigating their financial life within an Islamic framework. Each episode tackles the contemporary questions and challenges that arise when principles of halal investing, ethical business, and personal finance intersect with today's dynamic markets and news cycles. You'll hear clear discussions on how to build wealth responsibly, understand the nuances of Sharia-compliant opportunities, and make informed decisions that align with both spiritual values and practical goals. Kayali brings a focused perspective to topics ranging from everyday budgeting and debt to analyzing specific investment vehicles and broader economic trends through a principled lens. The podcast serves as a thoughtful resource for Muslims seeking actionable guidance, as well as anyone curious about the ethical dimensions of finance from this particular viewpoint. It’s a space for learning and reflection, designed to help listeners cultivate financial well-being without compromise. Tune in for straightforward dialogue that makes the often-complex world of Islamic finance accessible and immediately relevant to your life.
Author: Language: English Episodes: 361

The Practical Islamic Finance Podcast
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