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Finance & Business
If I had £5000 in my bank a year ago and £10000 now, do I pay Zakat on £5000 or £10000?
So as long as you do not go below the minimum Nisab, which currently is £398 here in the UK throughout the year. So throughout the year you are above £398, then you pay Zakat on the £10,000 on the end amount that you had on this day this year.