On which amount should I calculate zakaat
Q) If i had Rs 500,000 in my bank account in June 2015 and now in June 2016 I have only Rs 300,000 in my bank account. On which amount should I calculate to give zakaat, Rs 500,000 or Rs 300,000?
A) Rs 300000. The balance as at 1st Ramadhaan.
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