Questions answered include:
- On what kinds of assets should I pay zakah?
- Do I owe zakah on my 401(k) and IRAs?
- Should I calculate zakah the same way for real estate and rental properties?
- Can I deduct my mortgage and other debt before I pay zakah?
Learn how to calculate zakah on modern assets following the guidelines of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Pop quiz (concrete examples) beings at 14:49
Question and answer begins at 20:12.