Zakat what if calculated wrongly
Mu' meneen Brothers and Sisters,
As Salaam Aleikum wa Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked this question:
dear brother.may allah subhanahu bless you..brother can you tell us if there is possibilty to give zakaat in about value or lumsum value..if some one dont know exactly how much money or the worth he have...i mean 100%...
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Zakat what if calculated wrongly
In the name of Allah, We praise Him, seek His help and ask for His forgiveness. Whoever Allah guides none can misguide, and whoever He allows to fall astray, none can guide them aright. We bear witness that there is no one (no idol, no person, no grave, no prophet, no imam, no dai, nobody!) worthy of worship but Allah Alone, and we bear witness that Muhammad(saws) is His slave-servant and the seal of His Messengers.
There is absolutely no harm if one pays the zakat dues every year in one lumpsum value, or pays it by installments during the period of that one year his zakat is due. Most believers prefer to pay their zakat dues in the Holy Month of Ramadan, as all good deeds are multiplied manifold by Allah in this blessed month.
If one is unable to calculate his net-worth exactly; and makes a mistake in the calculation of his zakat, but his intention is to pay the full zakat, Allah will be merciful to him; because The All Knowing, Merciful Lord knows and values the intention of the person doing the deed. If one realizes his mistake, he can pay the balance amount due, whenever he realizes his error.
But if one intentionally tries to reduce his assets to enable him to evade or reduce his payable zakat dues, that would be considered a heinous sin, and the person who does that will be held severely accountable in the Court of Allah.
The Zakat dues are the minimum a believer must pay to purify his wealth. If Allah Subhanah has blessed one with bounty, he must strive to spend as much as he can in the Way of Allah. Any amount which is above the zakat dues, will be recorded as sadaqa or voluntary charity in his Book of Deeds; and Allah Subhanah will reward him generously on the Day of Resurrection.
Allah says in the Glorious Quran, Chapter 2, Surah Baqarah, verse 261
The charity of those who expend their wealth in the Way of Allah may be likened to a grain of corn, which produces seven ears and each ear yields a hundred grains. Likewise Allah develops manifold the charity of anyone He pleases, for He is All-Embracing, All-Wise.
Allah says in the Glorious Quran, Chapter 2, Surah Baqarah, verse 254:
Believers, spend of the wealth We have bestowed upon you (in Allah's way), before the Day comes when there shall be no buying and no selling; when neither friendship nor intercession will be of any avail.
Whatever written of Truth and benefit is only due to Allahs Assistance and Guidance, and whatever of error is of me. Allah Alone Knows Best and He is the Only Source of Strength.
Your Brother in Islam,
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