Video: How to establish your Zakat anniversary - Shaykh Bilal Ismail
Your Zakat year should begin on the date your wealth equals or surpasses the Nisab; Zakat should then be calculated and paid after one lunar year has
passed which is the Hawl. Annually, Zakat should always be paid on
this date. If you cannot remember the date you first became owner of the Nisab,
then the date should be estimated. If this is not possible, then a specific Islamic
date should be selected arbitrarily and adhered to annually. This is referred to
as your ‘Zakat due date’ or ‘Zakat anniversary’ on this website.
Paying Zakat in Ramadan is not necessary, although giving charity in this month
guarantees greater rewards.
If you use the NZF online calculator you will be prompted for your Zakat anniversary
or be asked to choose one if it’s your first time paying Zakat. If you register
for the service it will remember your Zakat anniversary and send you a reminder
the following year. It couldn’t be easier!