Q: What is Zakatable?

A: The following assets are generally Zakatable:

Gold and silver
Cash and receivables
Business stock
Investments in Zakatable assets
Crops and agricultural produce
Animal livestock

Note: There are rules governing the above assets and as such, not everything that may fall in the above will strictly be Zakatable if the other rules and conditions are not met.

And Allah knows best!

Mufti Faraz Adam