Who is Required to Pay Zakat Complete Guide to Zakat Eligibility

Basic Conditions for Zakat

1. Financial Requirements

• Ownership of wealth above Nisab
• Complete ownership for one lunar year
• Wealth must be growing/productive
• Free from primary debts

2. Personal Conditions

• Being Muslim
• Being of sound mind
• Having reached puberty
• Having full ownership rights

Understanding Nisab

The Nisab threshold equals:

• 85 grams of gold, OR
• 595 grams of silver
• Equivalent monetary value in current currency

Special Cases and Exemptions

1. Children 
   • Guardian's responsibility
   • Wealth management
   • Investment considerations
2. Business Owners 
   • Inventory assessment
   • Partnership considerations
   • Digital asset evaluation
3. Joint Accounts 
   • Shared wealth calculation
   • Individual responsibilities
   • Family wealth management

Modern Considerations

• Digital currencies
• Investment portfolios
• Retirement accounts
• Intellectual property

Practical Assessment Guide

1. Calculate total wealth
2. Subtract debts and essential needs
3. Compare with current Nisab value
4. Assess one-year ownership
5. Determine Zakat obligation

Conclusion

Understanding Zakat eligibility ensures proper fulfillment of this religious obligation while maximizing its social impact.